Eric Sprott Video – Governments Will Break Their Promises

by Olivier on November 9, 2011

Interesting video with Eric Sprott and James Turk. The key sentence of the entire interview is ‘Governments will break their promises’. What is happening right now will ultimately have consequences when it comes to pension plans and other promises made by governments. I obviously agree with that take. That is one of the many reasons I am not selling my physical gold and silver position. As I’ve stated many times in the past, this is the best insurance you can get. Owning bullion simply means ‘no counter party risk’, ‘no leverage’ and owning something that is not ‘someone else’s liability’. Enjoy the video!

It’s making the most of strengths and learning how to work around shortcomings that produces optimal performance results. – Brett Steenbarger


Buenas noches!

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