Billionaire Eric Sprott – Gold To Rise 500% From Current Levels
November 30, 2012
Today billionaire Eric Sprott warned King World News, “There is no doubt that central planners are trying to avoid a financial collapse here.” This is the first in a series of interviews with Sprott that will be released today which reveals what is going on behind the scenes with the increasingly desperate Western central planners and their gold and silver price suppression scheme.
Here is what Sprott, who is Chairman of Sprott Asset Management, had to say: “There’s been some discussion on the web of various dealers having difficulty fulfilling orders. I’ve confirmed through my channels that there has been a very big increase in demand in the last six to eight weeks.”
Eric Sprott continues:
“We can see that by looking at the US Mint statistics. For example, in this month, which is not complete yet, gold sales have more than tripled from the same time last year. Silver sales are up 120% so far. You can kind of sense that the demand for both gold and silver is back to very significant levels.
That’s not just in North America by the way….