Sprott: Why Owning Precious Metals is Crucial

Excerpt from an Interview with Eric Sprott:

“I’m absolutely amazed that we see these events unfolding, all of which keep telling us to have precious metals. The most stark example was the situation in Cyprus where the depositors lost 60%, which is almost unheard of and yet again, all those people in Cyprus who would’ve owned gold would’ve been all right. All those people in Venezuela who had to suffer from a currency depreciation would’ve not lost money, same as Iceland and all these declines. The next one occurring is the Japanese Yen.”

Eric Sprott Interview: Reality Check: Why Owning Precious Metals is Crucial