To help investors better understand the nature of buying and taking delivery of precious metals through a reputable bullion dealer I sat down with Andy Schectman from the Miles Franklin Group to ask what questions people should be asking their physical dealers. Andy has been a client and friend for a long time and I… Continue Reading
With the four-year-plus bear market in the natural resource sector, we are all well aware that funding has dried up severely for junior mineral exploration companies wanting to raise money to do what they do best – drilling in pursuit of new discoveries. New discoveries are then often taken over by bigger mining companies which… Continue Reading
By Eric Angeli Long time readers and seasoned investors in the natural resource arena are well aware of the cyclical ups and downs that come hand in hand with commodity production. In many ways it represents the truest form of the free markets that remain in the investment world. So for those of you who… Continue Reading
by Henry Bonner Over the last 12 to 18 months, we’ve seen some gold miners reach higher share prices. As we pointed out earlier this summer, there are winners and losers. Some companies, like Klondex Mines (KDX.CA), Detour Gold (DGC.TO), and Evolution Mining (EVN.AU) have moved higher over the last year. Others like Midway Gold… Continue Reading
Rick Rule, Chairman of Sprott U.S. Holdings Inc., warned last week that “capitulation” was beginning to occur in resource stocks. Precipitated by sudden volatility in the general stock market, small resource stocks could witness another big sell-off, he said. Resource stocks could bottom off the selling, he explained, finally putting an end to the bear… Continue Reading
By Henry Bonner (hbonner@sprottglobal.com) Is this what a market turn feels like? “Great opportunities in natural resources occur once per decade,” Rick Rule explained at the Symposium. “They occur at the bottom of a ‘bear market.’ “And this ‘bear market’ is the most severe that I have seen since the mid 1980’s. That suggests a… Continue Reading
“Midstream” oil stocks are this attractive about once every decade, says Rick Rule, Chairman of Sprott US Holdings. In a recent round-table with Byron King (Agora Financial) and Matt Badiali (Stansberry & Associates), Rick explained why he’s looking at one segment of the oil sector. You can listen to his full comments here (registration required):… Continue Reading
By Henry Bonner (hbonner@sprottglobal.com) Read online > Steve Todoruk, a broker at Sprott Global Resource Investments Ltd., has been calling attention to a trend that few investors have noticed in small gold miners. His last note focused on Canada, but this trend has been taking place all around the world. What’s the story? We are… Continue Reading
By Henry Bonner (hbonner@sprottglobal.com) Read online > At around $1,200 per ounce as of May 20, gold has remained relatively steady over the last year and a half. Buying in physical gold markets has helped prevent further slides. India in particular has been a major purchaser of physical gold. In 2009, the Indian government made… Continue Reading
By Henry Bonner (hbonner@sprottglobal.com) Read online > John Ciampaglia, our head of ETFs, rang the bell at the New York Stock Exchange on Monday – see the videohere. Our gold mining ETFs — SGDM (large stocks) and SGDJ (smaller stocks) — are now trading on the NYSE. Our main subject today, though, is a trend… Continue Reading
By Henry Bonner In the mining sector, mergers and acquisitions can deliver rapid returns to shareholders. Investors in Cayden Resources saw their shares swell by 300% in price late last year, when Cayden received a takeover offer from Agnico Eagle Mines. Steve Todoruk, a broker at Sprott Global Resource Investments Ltd., has been eyeing the… Continue Reading
Three years into a bear market in precious metals, are resource companies still reeling from low metals prices? Are they still hunkering down? When the dust settles, who will be left standing? You’ll hear from some of the best participants from the resource sector this summer, at our special event. Rick Rule, Chairman of Sprott… Continue Reading
Read online > Rick took at a stance in January that went against many investors’ contrarian instincts. He said to stay away from oil and gas for the time being. However, Rick has been discussing oil and gas drilling lately in internal broker meetings, as well as conferences. Does he now think there’s an opportunity… Continue Reading
By Henry Bonner Last summer, Sprott Asset Management LP launched a new gold ETF, the Sprott Gold Miners ETF (NYSE Arca: SGDM). This ETF was one of the most successful new ETFs in 2014 according to ETFtrends1, garnering around $180 million in assets as of March 15, 2015.2 Sprott recently launched a second ETF called… Continue Reading
By Henry Bonner (hbonner@sprottglobal.com) Read online > 2015 is well underway and starting to look at lot like 2014. Commodity markets remain weak with uranium, copper, gold and oil prices still near their lows.1 Rick Rule, Chairman of Sprott US Holdings, sat down with me recently to discuss the resource and precious metals markets. Rick,… Continue Reading
