Eric Sprott interviewed on CNBC by Maria Bartiromo on 16th April 2010.
Eric Sprott has been well ahead of the curve, and his hedge fund has out-performed S&P500, Oil and Gold over the last 10 years and his record is nothing short of phenomenal. He call the Tech Bubble on March 2000, call to buy gold on Oct 2001 when Gold was at $280, warned of the housing bubble January 2006, reconfirmed call on Gold again in September 2007 when Gold was at $700
During the interview, Eric Sprott spoke about his concern regarding the leverage in the banking system and the inability of the Government who are spending vast about of money. He is also concerned about what is going in China, that the Chinese government asking to banks to cool the lending
Eric spoke his Sprott Physical Gold Trust, ticker symbol PHYS which trades on NYSE which is backed up by real Physical Gold