IKN

Win us with honest trifles

Eric Sprott’s call on gold today is months late

Here’s the piece out today entitled “Eric Sprott: Gold shortage coming, data shows”
But in fact, data show that Sprott is late with his call and there has been a complete shortage of gold for the last six months. In his flagship Sprott Resource Corp (SCP.to) company, to be precise:

Back in March when first pointing out this dataset, your author opined that Eric had bottom ticked bullion. Nothing in the six weeks since then brings doubt to that call. But please, no calling Eric a two-faced hypocrite who’ll say one thing and do another behind your back. Heavens, no.

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