KING WORLD NEWS - BLOG
BROADCAST../../../../Broadcast/Broadcast.html../../../../Broadcast/Broadcast.htmlshapeimage_6_link_0
HOME../../../../King_World_News.html../../../../King_World_News.htmlshapeimage_13_link_0
BUSINESS../../../../Business.html../../../../Business.htmlshapeimage_14_link_0
GREEN../../../../Green.html../../../../Green.htmlshapeimage_15_link_0
HEALTH../../../../Health_1.html../../../../Health_1.htmlshapeimage_16_link_0
ENERGY../../../../Energy.html../../../../Energy.htmlshapeimage_17_link_0
SPORTS../../../../Sports.html../../../../Sports.htmlshapeimage_18_link_0
GOLD+../../../../Gold.html../../../../Gold.htmlshapeimage_21_link_0
 
 
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.html
KWN BLOGhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.htmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.htmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.htmlshapeimage_24_link_0shapeimage_24_link_1

© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast,

rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

Subscribe to RSS
CLICK HEREhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/rss.xmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/rss.xmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/rss.xmlshapeimage_27_link_0shapeimage_27_link_1
KWN Blog
Archiveshttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/Archive.htmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/Archive.htmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/Archive.htmlshapeimage_28_link_0shapeimage_28_link_1

Sprott:  “Most of the things I think are going to happen are all based on facts.  You can look at the facts on physical demand for gold and silver.  You can look at the facts on government deficits, and you just have to take yourself to where it’s going (the end game).  And whether it happens in a year or two, it’s going to happen....


Continue reading the Eric Sprott interview below...




Advertisement


To hear what billionaire Eric Sprott & Rick Rule are doing with their own

money and which $7 billion company John Embry &

Dr. Marc Faber oversee click on the logo:














“We’ve had so many false starts (and promises) -- ‘The economy is going to be great in 2010,’ and it’s not.  ‘It’s going to be great in 2011, 2012, 2013,’ and it’s not.  Now, they are already talking about it being ‘great in 2014.’  But we are actually regressing, even though they (central planners) don’t want to admit it, because the numbers are all manipulated in one way or another. 


It will happen that gold will be accepted as the asset to back a (major) currency.  And the currency with the most gold behind it, which I suspect is already the Chinese yuan, and growing rapidly, will be the dominant currency going forward.  Of course this doesn’t portend well for all of the central planners currencies.  They (the Chinese) are doing the smart thing by buying real physical assets.  So I guess the best way of putting it is, just follow the Chinese, my friend, and you are going to be OK here.”


Eric King:  “Eric, it is staggering to think that demand (for gold) is twice (global) mine production.  It’s almost unimaginable.”


Sprott:  “The numbers speak for themselves.  In 2012 I wrote that I can see 2,200 tons of net new buying per year in a market that produced (only) 2,700 tons (of gold).  That was back in 2012.  Just think, Eric, in the 12 months to August of 2011, China imported something like 100 tons (of gold).  Now they import 1,200 (tons of gold).  They’ve increased their tonnage (of gold purchases by a staggering) 1,100 tons.


If the total (world) supply, including recycling is 4,000 (tons), which I highly doubt, that means they’ve come in and bought an extra 25% of the market.  How can somebody come in and buy an extra 25% of the (entire global) market at that same time that the price falls by 30% or 40%?  It’s just totally ridiculous that it would ever manifest itself that way.  If they bought (an additional) 25% of the oil, wheat, or the corn markets, the price would not be going down.”


IMPORTANT - KWN will release interviews with Eric Sprott, Grant Williams & others all day today & this weekend.


IMPORTANT - The is the second in a series of powerful interviews with billionaire Eric Sprott.  Sprott discusses the gold and silver action, what is happening behind the scenes in the ongoing war on gold, the remarkable moves he sees coming in gold and silver, as well as the coming financial collapse.  Eric Sprott’s powerful KWN audio interview is available now and you can listen to it by CLICKING HERE.


© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.


The audio interviews with Eric Sprott, Grant Williams, Rob Arnott, Andrew Maguire, Art Cashin, Egon von Greyerz, Bill Fleckenstein, David Stockman, Robin Griffiths, Jim Grant, William Kaye and Dr. Paul Craig Roberts are available now. Other recent KWN interviews include Marc Faber and Felix Zulauf to listen CLICKING HERE.


Eric King

KingWorldNews.com

To return to BLOG click here.


 
http://www.kingworldnews.com/kingworldnews/Broadcast/Broadcast.html