Peter Grosskopf, CEO of Sprott, shares his outlook for gold and the economy with Bloomberg's Shery Ahn and Amanda Lang on Bloomberg Markets. Excerpt: In the past two weeks, the markets have been more risk on. We expected to see a pullback, but long-term, we see many signs of trouble ahead, including a possible recession. We are 10 years into the equity bull market, and we are in a negative interest rate environment....we do think that gold has been underutilized in the past, but there is a growing crowd of institutions holding it as a hedge against volatility and negative market developments. Gold is being accumulated much more than it has in the past."
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