2020, A Year Unlike Any Other Spot gold closed at $1,898, an increase of $381/oz or 25.12%, the eighth-best annual return in 50 years. Gold, measured in every currency, made all-time highs by a wide margin. The impact of the global COVID-19 pandemic catalyzed the U. Gold is the primary beneficiary […]
Gold is a Mandatory Portfolio Asset Now that gold has powered over $2,000, it’s an excellent time to take stock of what has been accomplished by the monetary metal and what may lie next. As for my Gen-Z “Glow Up” reference (and more below), conversations with my 16-year-old daughter are […]
By Peter Grosskopf On the eve of Sprott’s planned listing on the NYSE, I thought it appropriate to take stock of our history and the decade of my tenure as Chief Executive Officer of the firm. The Early Days Eric Sprott founded our business in 1981. Already an accomplished accountant and […]
Credit Deflation and Gold Gold and precious metals mining shares are casualties of panic selling across all financial markets. The scenario is similar to what happened in 2008 during the global financial crisis (GFC). When the general selling exhausted itself in late 2008, gold and mining shares delivered superior absolute and […]
Gold Outshines the S&P 500 in 2018 We believe that gold bullion and gold mining equities may be poised for a multi-year uptrend. Gold bullion beat U.S. equities for the month of December, the fourth quarter, and the full calendar year of 2018. Spot gold1 declined 1.58% versus the 4.39% drop […]