Commodities Weekly Wrap-Up - Friday, Dec. 1
With metals up and down, it can be easy to think that the market won't rise. However, Eric Sprott talks gold and silver, the COMEX, and the potential for a rally in 2018.
The global precious metals demand is through the roof, Eric says. "There's a serious misallocation of physical gold and silver," he says. "This is not a little bit [of silver]. This will be interesting for us to study this whole play that's going on and the movement of the physical delivery."
And what about Bitcoin? "Most Bitcoin people don't know how bad [Bitcoin futures] would be," Eric says. "The reason [Bitcoin can rally] is it's essentially a closed loop."
Audio Length: 00:14:51
Disclaimer: The views and opinions expressed in this material are those of the author as of the publication date, are subject to change and may not necessarily reflect the opinions of Sprott ...
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