With global stock markets getting a bounce after a turbulent start to 2014, today billionaire Eric Sprott warned King World News that investors around the world need to brace themselves for a terrifying shock to the global financial system. The Canadian billionaire also lashed out at the central banks for their failed policies. Below is what Sprott, Chairman of Sprott Asset Management, had to say in Part I of this remarkable interview series.
Eric King: “Eric, what is the big threat going forward? What has you worried here?
Sprott: “The big threat to the financial world is the realization that all of these actions by central banks have created nothing….