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Friday, September 3, 2010

Sprott Asks Whether the Fed Is Just a Ponzi Scheme

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December 30, 2009 by goldguru · Leave a Comment 

Market Folly submits:

Hedge fund firm Sprott Asset Management sent out its December market commentary a while back and we wanted to make sure everyone has seen it because it’s quite a strong piece. It’s entitled, "Is It All Just a Ponzi Scheme?" in reference to the Fed. This piece comes after we learned that Sprott would be launching a physical gold trust for investors that will compete with the popular exchange traded fund, GLD. Sprott’s December commentary is also somewhat of an add-on from its October piece entitled, "Dead Government Walking."The hedge fund’s viewpoints on the government and its actions have become quite clear.

Embedded below is Sprott’s ‘Markets at a Glance’ piece by Eric Sprott and David Franklin:

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