Billionaire Eric Sprott – The U.S. Gold Is Gone
February 7, 2014
With the end of another wild week of trading in global markets coming to a close, today billionaire Eric Sprott told King World News that there is no gold left in vaults where the US gold as well as other foreign countries’ gold is supposed to be safely stored. The Canadian billionaire also spoke about happenings with the ETF GLD. Below is what Sprott, Chairman of Sprott Asset Management, had to say in Part II of this remarkable interview series.
Eric King: “Eric, what about the looting of GLD in 2013? Obviously we are not seeing that so far in 2014. What does that mean for 2014?”
Sprott: “Well, Eric, in fact we’ve had a couple of days when gold has (actually) gone into GLD. We are talking about 900 tons of gold that came out of the various ETFs (in 2013)….