Weakness in the U.S. dollar is pushing gold and silver up along with commodities generally, mining entrepreneur Eric Sprott tells interviewer Craig Hemke in the weekly wrapup for Sprott Money News.
Citing the work of gold researchers Harvey Organ and Ronan Manly, Sprott and Hemke also discuss the extraordinary increase in the use of the "exchange for physicals" procedure for clearing gold and silver contracts on the New York Commodities Exchange, which suggests that little metal is available for delivery in New York. "Maybe the whole fraud of the Comex is unwinding," Sprott says.
We can only hope.
The interview is 12 minutes long and can be heard at the Sprott Money internet site here:
https://www.sprottmoney.com/Blog/maybe-the-wh...e-comex-is-u...
