---
title: "Billionaire Eric Sprott says 98% of his wealth is in gold and silver and his bets are up 4X, though he admits 'I know nothing about rocks'"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289482154.md"
description: "Ray Dalio says governments always devalue their currencies and gold is where you hide. Eric Sprott has been living that bet for four decades. The numbers are starting to prove him right."
datetime: "2026-06-11T14:31:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289482154.md)
  - [en](https://longbridge.com/en/news/289482154.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289482154.md)
---

# Billionaire Eric Sprott says 98% of his wealth is in gold and silver and his bets are up 4X, though he admits 'I know nothing about rocks'

Ray Dalio says governments always devalue their currencies and gold is where you hide. Eric Sprott has been living that bet for four decades. The numbers are starting to prove him right.

### Related Stocks

- [IAU.US](https://longbridge.com/en/quote/IAU.US.md)
- [SIVR.US](https://longbridge.com/en/quote/SIVR.US.md)
- [PSLV.US](https://longbridge.com/en/quote/PSLV.US.md)
- [SLV.US](https://longbridge.com/en/quote/SLV.US.md)
- [518850.CN](https://longbridge.com/en/quote/518850.CN.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md)
- [AGQ.US](https://longbridge.com/en/quote/AGQ.US.md)
- [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md)
- [SLVR.UK](https://longbridge.com/en/quote/SLVR.UK.md)
- [ZSL.US](https://longbridge.com/en/quote/ZSL.US.md)
- [UGL.US](https://longbridge.com/en/quote/UGL.US.md)

## Related News & Research

- [Comex gold settles 1.75% lower at $4260.00](https://longbridge.com/en/news/289228195.md)
- [Comex gold settles 0.03% lower at $4335.90](https://longbridge.com/en/news/289089036.md)
- [Gold’s near-term outlook remains bearish, chart shows](https://longbridge.com/en/news/289117638.md)
- [Gold & Silver: From Pullback To Perfect Setup](https://longbridge.com/en/news/289208644.md)
- [Comex Silver Ends the Week 1.57% Lower at $67.859 — Data Talk](https://longbridge.com/en/news/289629470.md)