# Why Eric Sprott Put 98% Into Gold and Silver

Page: https://stenobird.com/podcast/the-secret-war-on-cash-6603370/why-eric-sprott-put-98-into-gold-and-silver
Text version: https://stenobird.com/podcast/the-secret-war-on-cash-6603370/why-eric-sprott-put-98-into-gold-and-silver.md
Podcast: [The Secret War on Cash](https://stenobird.com/podcast/the-secret-war-on-cash-6603370)
Published: 2026-05-19T21:20:59+00:00
Episode link: https://www.spreaker.com/episode/why-eric-sprott-put-98-into-gold-and-silver--72074582
Audio file: https://api.spreaker.com/download/episode/72074582/secret_war_on_cash_ep_272_a.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-secret-war-on-cash-6603370/episodes/why-eric-sprott-put-98-into-gold-and-silver
Duration seconds: 811

## Resource

In this episode of The Secret War on Cash , Dean Heskin and Chris Agelastos examine why billionaire investor Eric Sprott has placed 98% of his $3 billion fortune into gold and silver and why he believes gold is ultimately headed to $10,000 an ounce . The conversation explores how investors with deep experience in precious metals may be looking beyond short-term price moves and focusing instead on physical ownership, currency weakness, and long-term preservation of wealth. The episode also looks at Goldman’s view that central banks want more gold for reserves , reinforcing the idea that official-sector buying remains one of the strongest pillars under the metals market. Dean and Chris argue that the continued shift away from fiat dependence and toward physical reserves is a message everyday investors should pay attention to. Key topics include: Eric Sprott’s metals allocation the case for $10,000 gold why central banks continue buying aggressively the role of physical ownership in a weakening fiat system reserve diversification and de-dollarization why gold pullbacks can still be buying opportunities Brought to you by Swiss America. Get your free Secret War on Cash Report today. Call or text: 1-800-289-2646 Visit: https://www.swissamerica.com/social Subscribe to The Secret War on Cash for ongoing insight into gold, silver, inflation, central banks, the dollar, and the changing financial landscape.

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## Transcript

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