Eric Sprott: This Will Shock Investors & Send Gold Skyrocketing
August 25, 2013
With gold and silver closing last week on a strong note, billionaire Eric Sprott spoke with King World News about a coming liftoff in the price of gold, as well as price targets that will surprise KWN readers around the world. He also warned KWN about a crisis that is going to create a “tidal wave of interest in gold.” Below is what Sprott, who is Chairman of Sprott Asset Management, had to say in part II of this remarkably powerful interview series.
Eric King: “Eric, after gold bottomed in 1976, gold goes from $108 to above $850, so about an 800% advance. If gold did that today you would be talking almost $10,000 gold.”
Sprott: “Yes. And quite frankly, Eric, that’s a distinct possibility, given the passage of time….