Billionaire Sprott – Terrifying Threat To The Financial System
December 6, 2013
On the heels of the US jobs release, and significant volatility in both the gold and silver markets, today billionaire Eric Sprott spoke with King World News about a terrifying threat to the global financial system. The Canadian billionaire also spoke about the enormous implications of this for people around the world. Below is what Sprott, who is Chairman of Sprott Asset Management, had to say in part I of this remarkably powerful interview series.
Sprott: “The most imminent threat (to the financial system) is where another banking system goes down. Maybe it will be Slovenia, Spain, Portugal, or something like that. But you know there have been a lot of deposits taken out of these banks….