Author: Sprott Money

Behind The Spot Price of Gold – Nico Simons

Many people think that the price of gold for buyers and sellers is determined through the LMBA Gold Price Auction (formerly LBMA Gold Fix). This is not correct. LBMA The London Bullion Market Association (LBMA) is home to the international...

Craig Hemke & Eric Sprott

Craig Hemke & Eric Sprott – Sprott Money News Weekly Wrap-up: “Wells Fargo a Demoralizing Event…Whistleblowers were Fired!” (Podcast)

Eric Sprott  and Craig Hemke discuss the FOMC non-meeting which has driven gold, silver and the mining shares higher this week. Bank of Japan is going to try to change the yield curve. Remember, Japan’s sovereign bonds are issuing negative...

Surprise, Surprise! The FED Decides to Keep Rates Steady

Surprise, Surprise! The FED Decides to Keep Rates Steady

by Nathan McDonald Well, there you go! As predicted, Janet Yellen and her peers within the FED have decided once again to take the dovish approach and keep rates steady, opting not to raise them. The markets foolishly were entertaining the...

Ken Rogoff’s Government Debt Default Plan – Peter Diekmeyer

Ken Rogoff’s Government Debt Default Plan – Peter Diekmeyer

Ken Rogoff is by all accounts a brilliant man. The Harvard professor and former IMF chief economist is a chess grandmaster. His thesis committee included current Fed vice-chair Stanley Fischer. But like many survivors of Ivy League hoop jumping, the...

Every Asset Class Will Collapse: ‘You Need To Be Looking At Your Wealth In Terms Of How Many Chickens And How Much Gas You Can Buy’ Here’s what happens when a currency hits an all-time low

Real and Artificial Threats Create Uncertainty in the Markets – Nathan McDonald

Wall Street is experiencing a rough day. Facing serious headwinds on two fronts, it is experiencing a sharp drop in prices as investors continue to be finicky and nervous. Uncertainty is the name of the game, and you better believe...