The Secret War on Cash

Why Eric Sprott Put 98% Into Gold and Silver

May 19, 2026·13 min
Episode Description from the Publisher

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 allocationthe case for $10,000 goldwhy central banks continue buying aggressivelythe role of physical ownership in a weakening fiat systemreserve diversification and de-dollarizationwhy gold pullbacks can still be buying opportunitiesBrought to you by Swiss America.Get your free Secret War on Cash Report today.Call or text: 1-800-289-2646Visit: https://www.swissamerica.com/socialSubscribe 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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