836 days ago
Perhaps the world’s best known resource investor Rick Rule is, of course,talking his own book but now he hasretired from Sprott he claims he can speak more freely than before. The joys of being unregulated. Don’t I know it!
1144 days ago
Perhaps the world’s best known mining investor, Rick Rule of Sprott, has recently announced his phased retirement. Is this a sign that the gold game is up? Au contraire.
1258 days ago
Fund manager John Hathaway of Sprott argues that traditional portfolio weightings no longer work. Bonds today are return-free risk, which opens the door for gold since something has to replace bonds. He says that some large pension fund advisors are considering gold as a risk mitigator.
1289 days ago
Rick Rule of Sprott is, perhaps, the world’s best known investor in precious metals. So maybe he is talking his own book.
1594 days ago
Rick Rule is the head honcho at Sprott, the world’s best known resource investor so knows his onions. He argues that the current pattern for gold, one of climbing the wall of fear, and then slowly lurching higher and backfilling is an excellent sign for this market.
1859 days ago
The latest report from the world's best known resource investment group, Sprott, explains why now is the time to buy gold shares. Okay author Trey Reik is talking his, or rather Sprott's, book but the case looks a strong one anyway as you can see below.
1948 days ago
The column below is by Trey Reik, a Senior Portfolio Manager, Sprott Asset Management. It covers the US economy and US house prices. Buy a) all asset classes are global, they are linked so if US house prices crash there will be a slump in the UK too and b) exactly the same factors are at play here as in the land of the free. Read and consider...
2005 days ago
Rick Rule from Sprott, the world's best known resource investor, is a major bull of Yellowcake and explains why in the latest podcast from Palisade Capital. Rick feels that it’s too early to draw any conclusions from the recent market action arguing that, technically, these price fluctuations are not that aggressive. He is encouraged by golds recent performance but two weeks of data is not worth anything but amusement.
2046 days ago
Sprott is the world's best known resource investor. If stockmarkets wobble, precious metals usually flourish so this bearish note is "talking its own book". None the less Sprott analyst Tekoa Da Silva makes some valid points in this note just out. Over to the expert...
2072 days ago
Sprott is the world's best known resource investor so, after a sharp sell off in precious metals, its call that a sharp bounce is on the way should be taken in context. Over to analyst Shree Kargutkar...
2203 days ago
Rick Rule of the world's leading resource investor, Sprott says he has, of late, seen broadly increasing client and institutional interest which has been lead by strong private placements. This interest is being driven by 2017 commodity performance, and now the equities show good value.
2261 days ago
Rick Rule of Sprott reminds us all how the Trump administration stated that a weaker dollar would be helpful. Younger generations will bear the decision to provide the boomer generation with 1.5 trillion dollars in tax cuts. The interim spending bill will add 300 billion dollars to this year’s budget as well as considerable commitments to funding infrastructure with no mention of where the money will originate. The US dollars weakness can be summed up in this saying, “When your outgo exceeds your income, your upkeep becomes your downfall.”
2332 days ago
Rick Rule of Sprott is perhaps the world's best known investor in resource stocks. This video interview will be controversial covering bitcoin, uranium, gold, dollar default and much more.
2363 days ago
Rick Rule of Sprott argues that there is capital misallocation on locating and extracting gold from the ground. Precious metals historically have been the most volatile part of the resource market. Reasons for this include the narrative around gold and silver being more interesting than say that of copper and coal. There is an allure to it. Thus there is a flaw in the way investors think. Investors that focus on precious metals likely do themselves a disservice.
2422 days ago
The rise of exchange traded funds (ETFs) is one of the more interesting topics in light of the ongoing general equity bull market. For the first time in history there are more indexes than stocks! Hence, the rising popularity of ETFs (which track indexed strategies) comes as no surprise. But could this be the cause of the next stockmarket crash? That is the thesis of Kenton Toews of Sprott who writes:
2471 days ago
Naturally Sprott Asset Management, as the world's best known resource investor, favours gold but, and this may surprise you, it does see a case for bitcoin exposure. Its latest monthly report discusses the battle: Bitcoin vs Gold. Over to analyst Trey Reik who writes:
2497 days ago
In the latest video podcast from Palisade Capital, perhaps the world's best known resource fund manager, Rick Rule of Sprott, discusses the surprising lack of volatility in the markets and with the various worldwide challenges one would expect it to be much higher. He is not optimistic when one looks at the collective balance sheets of governments with their underfunded pension plans and is acting on the assumption that the markets will get more volatile.
2589 days ago
Gold seems to be tracking sideways pro tem but that does not mean that gold shares will track sideways too. You can make big returns in such a climate claims Steve Todoruk a senior figure within Sprott, the world's leading investor in resource stocks. Steve opines:
2606 days ago
Whitney George, portfolio manager of the Sprott Focus Trust, is a career-long value investor who has described himself at times as a "Buffett groupie" reflecting his long-standing admiration of the legendary investor. Like Buffett, George seeks to capitalize on the manic depressive behavior of the aggregate stock market, a group author Benjamin Graham memorably referred to as Mr. Market—the fictitious business partner who impulsively offers to sell his share of the business or to buy the reader's share every day.
2618 days ago
In a recent interview with Maurice Jackson, Rick Rule orf the world's largest resource investor, Sprott, explained that out of the roughly 250,000 to 300,000 people involved in mining exploration, the majority will never be involved in the discovery of a single mine. This despite spending most of their life at it—an incredible fact.
2650 days ago
Rick Rule, the face of the world's best known investor in precious metals, Sprott, sees weak global demand for almost everything, however there is a sentiment change for resource stocks. He thinks this change is somewhat justified- although many recent resource prices do not appear to reflect any underlying rationale. Mr. Rule is cautiously optimistic about gold stocks and the gold price. We are in one of those flight-to-safety periods where the US dollar does well, and interest rates go up.
2686 days ago
Post Fed meeting, the freefall in gold and gold stocks continues. It’s a perverse characteristic of investing that the narrative gets better as the market gets worse. Rick Rule believes that a 35-40% decline in gold stocks makes them 35-40% more attractive. The legendary boss at Sprott explains why in a special video with Palisade Capital.
2687 days ago
Contrary to the pre-election consensus, Trump's victory has been negative for gold, at least in the short term. Since his election on November the 8th, price has declined from a peak of $1,336 to where it’s currently trading at $1,170 – a drop of $166 or 12.5%. So what next? Over to the experts at Sprott:.
2713 days ago
Gold fell sharply after the victory of Donald Trump. But that was an over-reaction says the world's best known precious metals investor, Sprott. It explains the short and long term case for the yellow metal better than I can. Over to Sprott:
2715 days ago
I am getting a bit "Trumped Out" - I think I would enjoy a day when he did not dominate the news. But folks keep writing on how he will change the world. Here is Sprott on The Donald and the markets. Over to the world's best known precious metals investment group.
2721 days ago
I expected gold to surge on a Trump win. It did not. So what has gone wrong? Over to the world's best known investor in precious metals, Sprott.
2721 days ago
Short answer: No. Well that is the response of Dave Kranzler who manages gold and precious metals fund in Denver. Short term maybe the answer was in fact yes. But taking a broader perspective I reckon Kranzier is correct. He writes over on the Sprott website:
2735 days ago
Okay the world's best known investor in resource stocks and precious metals is talking its own book. But it does so persuasively. Over to Sprott.
2736 days ago
We gold bugs thought we were heading back to the good old days. But it appears paradise has not yet been regained. So what next? Over to the world's best known precious metals investor, Sprott...
2744 days ago
Will Deutsche Bank survive? This is a question of massive significance, yet very few readers will properly understand this significance. In terms of understanding the question, the starting point to genuine insight is simple. It begins with comprehending that Deutsche Bank is nothing but a corporate front. That is the claim made by the world's best known resource investor Sprott this week. Over to the gold gurus...
2744 days ago
How will the 1% preserve the wealth they have extracted from the rest of us, the 99%. That is the question that the world's best know resource investor, Sprott, posed this week. Over to the experts.
2747 days ago
The latest missive from Sprott, the world's best known investor in precious metals, covers one of my core themes of 2016 - the fact that the world is drowning in debt. So who owns the debt and is it sustainable? Over to the experts...
2751 days ago
It has not been a great few weeks for gold bugs. But the bad times will not last long. Certainly that is the view of the world's best known precious metals investor Sprott. Over to the experts:
2753 days ago
This is a short video from Mines & Money with Rick Rule of the world's best known precious metals investor, Sprott, explaining to a dumb blonde what will be the kicker that sees gold prices head higher over the next 12 month. Rick also comments on the "disgusting sideshow" that is the US Election and what that means for the markets. And what he says about Rare Earths is damning and hilarious. Something for everyone.
2758 days ago
You cannot have failed to notice short term weakness in the gold price and hence gold equities. The world's biggest precious metals money manager Sprott thinks it is a blip and argues that the bull case is intact. It would. Sprott writes:
2762 days ago
The latest missive from Sprott is, not surprisingly, bullish on gold. The key is interest rates. Over to the world's best known investor in precious metals.
2763 days ago
You wonder why all sensible folks want some exposure to physical gold? It is simple. I bring you the explanation provided by John Embry a senior figure at the world's biggest precious metals investor Sprott. To quote Voltaire: “Paper money eventually returns to its intrinsic value. Zero.”
2792 days ago
Over the past 45 years there have been 7 bull cycles and 7 bear cycles in gold equities with varying duration and percentage gains what does history tell us about how long the current bull market will last. Steve Todoruk of Sprott says there are clues in the charts. Over to Steve...
2798 days ago
Author Jim Rickards recently did an interview with Sprott in which he opined that there will be a war, by the Central Banksters and big Western Governments on gold. It is fascinating stuff. Over to Sprott:
2810 days ago
Boy am I kicking myself for not buying a few more gold shares a few months ago. But is it too late. That is the question asked by the world's best known mining investor, Sprott.
2812 days ago
We are seeing a few weeks of rest in the junior mining space, and many are predicting a massive rally this fall. Markets move up when there are more buyers than sellers, and down when the opposite occurs. Both the metals, and mining equities markets are extremely well bid. If there is a break in the market it’s likely to be on the upside, not the downside. That is the key message from Rick Rule of Sprott in this week's podcast from Palisade Capital
2887 days ago
Sprott is the world's best known investor in gold and precious metals and it today serves up "six of the best" - half a dozen reasons to be long gold. It talks its own book of course but can you disagree?
2898 days ago
Rick Rule of Sprott is still a long term gold bull but he has warned that after a good run some of the gold equities could see some consolidation or pull back unless gold itself moves ahead again. On the upside he notes in this week's podcast with Amanda van Dyke's colleagues at Palisade Capital he discuses what happens if there is a major exploration success somewhere
2930 days ago
Sprott is the world's best known mining investment firm and its had a good first quarter but it reckons that the really good times lie ahead. With c10% of our portfolio now in gold shares I rather agree. But over to Sprott which writes:
3555 days ago
Gold has declined slightly, from around $1,320 to $1,300, in the last few weeks. Rick Rule of the world’s leading resource investment group Sprott recently suggested that this was normal for a recovery in resource stocks. You expect gradual rises and subsequent consolidations. He has now explained the three big drivers for a recovery in the ‘junior’ resource stocks.
The market for junior resource stocks, as you can see from the performance of the TSX.V, the ASX, and the LSE AIM, marked a bottom around a year ago. They’re in a gradual recovery now, and I believe the uptrend will continue, albeit marked by the same volatility that we’ve seen in the market so far. We’ve experienced three advances and subsequent declines this calendar year – and that’s normal for the early stages of a resource recovery. These advances need to consolidate, which they have already done nicely.
There are three key drivers to this advancement.
3797 days ago
I headed off to Mines & Money in Islington yesterday, largely to see the launch of 100 Inspirational Women in Mining, a new book produced by Amanda Van Dyke and her Women in Mining Organisation. Yes, there was free champagne at the launch.
Well done to Amanda for the book. Under her leadership WIM in London has grown to 1000 members and is taken very seriously and the industry heavyweights at the event testified to that.
The event hall is packed with booths and folks are putting a brave face on life in the industry. Rick Rule of Sprott told them “you’ve felt the pain now wait for the gain.” Sure thing Rick but will everyone enjoy the gain and how long must we wait?
It still does not appear to have sunk in, in some quarters of this world, that investors who have lost 95% plus on companies where management took the piss on remuneration
3882 days ago
That is the question posed by David Franklin, the chief economist at Sprott Group in the company’s latest newsletter. Conspiracy theorists among the gold bugs have long argued that it has been. I kind of think it might be. Over to the Sprott camp.
3940 days ago
Rick Rule, Chairman of Sprott Global Resource Investments Ltd., has invested in natural resource projects for nearly four decades. He recently gave an interview explaining why small cap mining stocks have been such a dire investment. It is a truly devastating indictment of the sector.
So what do you need to know about investing in junior exploration projects?
