"Today billionaire Eric Sprott told King World News that the
massive plunge in gold scrap recycling may be removing as much as a staggering
850 tons of gold from world supplies each year. Sprott, who is Chairman of
Sprott Asset Management, also warned of a coming default on the COMEX, “And when
it (the default) happens, there will be a substantial move in the price of gold
(and silver). We’ll make up for these last two years in no time...”
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/11_Sprott_-_Default_Coming_As_850_Tons_Of_Gold_Supply_Vanished.html
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