'I don’t want to put words in everyone’s mouth but I would generally say we think of it as a ponzi scheme or as Rick Rule would call it, “counterfeiting of money.'
Eric Sprott Mining News
Sprott extended $15 million loan to Barkerville which will use the money to keep operating and apply for reinstatement on the TSX Venture Exchange.
He sees prices for the precious metal reaching $2,400 per ounce by mid-2014.
Billionaire investor and asset manager Eric Sprott says that the ruinous state of the global financial system and a shortage of physical gold could send prices for the precious metal surging past $1,920/oz. Sprott tells […]