- 6 years ago
July 6, 2012: CFRA's John Budden is joined by Eric Sprott, Founder of Sprott Asset Management. They talk about the incredible debt catastrophe in Europe and the manipulation of markets (virtually all of them) by technocrats / central planners. They also touched on the fact that the US debt problem is beyond belief and unresolved. John asks Eric what he is doing for personal investment survival. Of course, Eric stresses the characteristics of precious metals as real money and touches on the oil markets and agricultural markets; referencing the fact that if the financial system breaks down, food will become a very vital commodity.