In the same category

“The U.S. Will Go Broke.” The Case For 

IMG Auteur
Published : January 14th, 2019
315 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating  
Our Newsletter...
Category : Gold and Silver

Interviewed by Craig Hemke, Sprott Money News

As the end of year rally continues into January, it’s time to look ahead to tax season. But when you make your final retirement contributions for 2018, should you add precious metals to the mix? Eric Sprott breaks down all the gold and silver news you need to protect yourself for the bumpy ride ahead.

In this edition of the Wrap-Up, you’ll hear:

  • Why banks are capping silver prices.
  • The “stunning news” that just hit the gold market
  • Plus: Which countries are seeing all-time highs

“There’s no doubt that the budget deficit situation has really deteriorated markedly. Particularly with the whole decrease in tax rates for corporations, the almost unconstrained spending of the U.S. government… And we talk about a trillion dollar deficit, but the debt always goes up by a trillion and a half when you have a trillion dollar deficit, for some miraculous reason. So, it’s way beyond what they suggest the deficit is, because the borrowing is considerably higher. Plus, of course, we have the unfunded obligations. The one thing that I’ve always had confidence is saying is: The U.S. will go broke.”

Ask Eric a question by following us on Twitter ( or Facebook ( and post to us using the hashtag #AskEricSprott

For more info, contact us at

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

Listen to the Weekly Wrap-Up on: iTunes Youtube SoundCloud Spotify

“The U.S. Will Go Broke.” The Case For Gold 

Interviewed by Craig Hemke, Sprott Money News

The Yuan-Gold "Peg" in 2019 - Craig Hemke (08/01/2019)

Preparation is Vital. 2019 is Destined for Chaos - Nathan McDonald (04/01/2019)

Why 2019 Will Be A Good Year For Gold, Weekly Wrap-Up (Jan 4, 2019)

GOLD Takes Center Stage in a Fiat World - David Brady (03/01/2019)

Expectations for Gold and Silver in 2019 - Craig Hemke (02/01/2019)

Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow