Sprott Inc. Chairman Eric Sprott Discusses Europe, Gold, Silver and the World Economy on Midas Letter Money

Sprott Inc. (TSX:SII) Chairman Eric Sprott talks with James West, host of Midas Letter Money, about the European debt crisis, credit default swaps, and how its bullish for precious metals going forward.

Eric articulates succinctly the process whereby major institutions abuse the futures markets for profit, and how the regulatory process in the United States has failed to enforce an equitable and transparent marketplace.

Sprott Asset Management LP (Sprott AM) is the successor to Sprott Asset Management Inc. which was founded in 2000, after the permanent separation from Sprott Securities that established in 1981. After establishing Sprott Asset Management Inc. in December 2001 as a separate entity, Eric divested his entire ownership of Sprott Securities to its employees.  Sprott AM is a fund company dedicated to achieving superior returns for its investors over the long term. In June 2009, Sprott AM reorganized to better define and streamline the key segments of our business. Sprott Asset Management LP currently manages a number of long/short equity strategies and mutual funds. Sprott Private Wealth LP (Sprott PW) provides advisory services to high net worth individuals. Sprott Inc. is the parent company of Sprott AM and Sprott PW. Visit Sprott Asset Management online at http://www.sprott.com