Top Asset Manager Warns Of Risks In Banking System: “It’s The Biggest Reason To Own Precious Metals”
Mac Slavo
March 10th, 2015
SHTFplan.com
Top alternative asset manager Eric Sprott, whose company has $10 billion in assets under management, sounds the alarm about the day everyone in America finally realizes that the real economy has collapsed.
In a highly informative interview from one of the most respected financial analysts in the world, Sprott explains why he believes gold, silver and hard asset investments are the only way to prepare for the risks associated with a highly leveraged banking system and out of control monetary policy.
I think they’ll just keep running it along until some day something gives. What that giving thing is I’m not exactly certain… Maybe it’s we end up with job losses… people just don’t have the income and all of a sudden you continue to get these weak reports… whether it’s McDonald’s or Caterpillar or HP… and they keep announcing layoffs and so on… it becomes apparent to everyone that there is no recovery…
I think if we look back these last five years, other than the stock market there’s been very little that happened in the real economy that would give anybody confidence. People have real issues to deal with… when you realize 60% of the population is living paycheck to paycheck it doesn’t take much to tip them over the edge.
The Rest…HERE
