Eric Sprott: Global Gold Demand Is Overwhelming Supply

Precious metals have had an especially tough go of it over the past month. Both gold and silver are back in price territory last seen in 2010. Eric Sprott returns to the program to discuss the facts as we know them in this market, and what's likely to happen from here. Specifically, he explains the tremendous imbalance currently seen between global supply and demand for precious metals. In his view, prices will have to correct upwards -- prodigiously -- to bring the two back in alignment.