Eric King: “Ron Rosen has been watching these markets for almost 60 years now, but he told KWN in an interview very recently that the stock market was going to have a massive collapse — he was talking (about a) 66% (decline). And (he also said) that gold and silver were going to skyrocket. Since then we’ve seen the Dow plunge 500 points, gold move up about $80, and silver has risen $2.60. This environment that you see going forward, is that a scenario that could play out as Rosen describes?”
Sprott: “Well, Eric, I guess I would start out with my fundamental conclusion about the financial system in the world. It’s obvious to me that the U.S. government is broke. That’s the easiest calculation in the world to make.”
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