Friday, April 27, 2012

Eric Sprott: "When Fundamentals No Longer Apply, Review the Fundamentals"

By Eric Sprott And David Baker of Sprott Asset Management
When Fundamentals No Longer Apply, Review the Fundamentals
This may not come as a surprise, but we're still not seeing it. We're not seeing a US recovery.
Here we are, well into 2012, and the fact remains that the US housing situation is still a bust. There is simply no housing recovery happening in the United States. US New Home Sales fell for the fourth time in a row month-overmonth in March, representing a seasonally-adjusted

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