{"id":529212,"date":"2010-04-15T16:20:00","date_gmt":"2010-04-15T20:20:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/eric-sprott-precious-metals-2010-4"},"modified":"2010-04-15T16:20:00","modified_gmt":"2010-04-15T20:20:00","slug":"eric-sprott-were-very-concerned-about-china-and-were-all-in-on-precious-metals","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/529212","title":{"rendered":"Eric Sprott: We&#8217;re Very Concerned About China, And We&#8217;re &#8220;All In&#8221; On Precious Metals"},"content":{"rendered":"<p><a href=\"http:\/\/www.businessinsider.com\/eric-sprott-gold-etf-imf-2010-4\">Eric Sprott of Sprott Asset Management<\/a> was just on CNBC talking about how he doesn&#8217;t trust the current economic environment, and how he&#8217;s long precious metals.<\/p>\n<ul>\n<li>0:10 I haven&#8217;t bought into this equity rally, and I have serious concerns about the banking industry&#8217;s debts<\/li>\n<li>0:50 Very concerned about China and the potential cooling in lending there<\/li>\n<li>1:35 Not convinced the GDP growth in China is equal to the amount of stimulus that they have used<\/li>\n<li>3:30 Gold has been <a href=\"http:\/\/www.businessinsider.com\/eric-sprott-gold-imf-2010-4\">the investment of the decade<\/a>, and it looks better today than it has ever looked due to sovereign risks<\/li>\n<li>4:20 Silver has great opportunity, and may &#8216;act&#8217; better than gold; not optimistic about cyclical metals like copper<\/li>\n<li>5:45 We&#8217;re long precious metals, and oil and gas; most levered positions possible<\/li>\n<\/ul>\n<p>\n<object width=\"480\" height=\"385\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/4F2ADVsxQJ0&amp;hl=en_US&amp;fs=1&amp;\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><embed type=\"application\/x-shockwave-flash\" width=\"480\" height=\"385\" src=\"http:\/\/www.youtube.com\/v\/4F2ADVsxQJ0&amp;hl=en_US&amp;fs=1&amp;\" allowscriptaccess=\"always\" allowfullscreen=\"true\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/eric-sprott-precious-metals-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/gAokdw55OSI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric Sprott of Sprott Asset Management was just on CNBC talking about how he doesn&#8217;t trust the current economic environment, and how he&#8217;s long precious metals. 0:10 I haven&#8217;t bought into this equity rally, and I have serious concerns about the banking industry&#8217;s debts 0:50 Very concerned about China and the potential cooling in lending [&hellip;]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-529212","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/529212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=529212"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/529212\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=529212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=529212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=529212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}