February 19, 2012

Eric Sprott - Central Banks Don't Have Enough Gold


Note: The reporter at the 2:17 mark says that the US Dollar is backed by gold. This is completely false. Please bear this in mind when viewing the video.

Eric Sprott is a Canadian hedge fund manager and founder of Sprott Asset Management. He became a billionaire on paper with the initial public offering of 
Sprott Inc., the parent of his Sprott Asset Management firm.