Hedge fund manager Eric Sprott, whose fund returned 496% over the past nine years, says...

|By:, SA News Editor

Hedge fund manager Eric Sprott, whose fund returned 496% over the past nine years, says investors are delusional. "We're in a bear market that will last 15 or 20 years, and we've had nine of them." Sprott predicts the S&P will collapse below its March low of 676.5, while gold (GLD) is the only asset about which he remains positive.