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“An explosive situation.” - Eric Sprott on the state of U.S. politics

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September 28, 2018 - 2:09pm

As September comes to an end, we put another quarter in the books—and, as usual, Eric stops by to break it all down for us. In this edition of the Weekly Wrap-Up, you’ll hear:

What’s happening with precious metals in relation to the dollar

How the “show” in Washington will affect things moving forward

Plus: the latest on Eric’s favorite mining shares

“Thank God there is truly a market. You know, ‘supply and demand’, and price and all that stuff. It does work for the consumer. Even though it may not work in stocks and bonds and things like that where the Fed can interject and have the Invisible Hand working. But when it comes to people and to budgets and their income… I just think the consumer has lots of things to be concerned about, with energy going up, interest rates going up. Of course, health care costs are always uncontrolled… I don’t have a lot of hope for the consumer, notwithstanding the stock market going up all the time and a certain segment of the population making hay here. But the average guy is not doing that well.”

To hear Eric’s full thoughts on these topics and more, listen here:

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About Eric Sprott

Eric Sprott is Chairman of Sprott Inc., CEO, CIO and Senior Portfolio Manager of Sprott Asset Management LP and Chairman of Sprott Money Ltd. Eric has over 40 years of experience in the investment industry.

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