Gold To Climb to Record High by Year-end, Sprott Says

Financial Post reported that Eric Sprott, chairman of Canadian fund manager, Sprott Inc, forsees gold prices reaching record highs by year end.

In an interview, Sprott stated:

I just can’t imagine the demand for gold is going down. I don’t personally see a solution to the problem that we’re in, the financial leveraging issue that we all have where everybody wants to shed debt and there’s no buyers.

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