Sprott Precious Metals Watch

Real Assets Masterclass

Ed Coyne, EVP National Sales at Sprott Asset Management, joins a panel of real assets experts to discuss whether it’s time to hunt for investments largely unconnected to financial markets, given the Dow Jones Industrial Average's flirtation with new highs in 2018.

Ray Dalio’s Faith in Gold Is Unshaken

Not even gold’s second quarterly straight decline was enough to shake billionaire hedge-fund manager Ray Dalio’s confidence in gold.

How ex-JP Morgan silver trader’s guilty plea could boost manipulation claim against bank

A previously secret guilty plea by a former commodity trader at J. P. Morgan Chase, who admitted that he rigged precious metals markets, last week drew the attention of a lawyer who has already accused traders at the nation's largest bank of similar conduct.

Former JP Morgan trader pleads guilty to manipulating U.S. metals markets for years

An ex-J.P. Morgan Chase trader has admitted to manipulating the U.S. markets of an array of precious metals for about seven years -- and he has implicated his supervisors at the bank.

Venezuela really wants its $550 million worth of gold back from the Bank of England

The deepening economic crisis in Venezuela means the government really wants to repatriate its gold reserves, worth more than $500 million.

Gold is back. That's a worrying sign

Gold has been a dud of an investment for much of the year, but it has started to regain some of its luster.

Gold buying by central banks hits its highest level in almost three years

Central banks around the world have upped their spending on gold to the highest level in almost three years, according to the World Gold Council (WGC).

Barrick's Randgold Acquisition May Spur More Gold M&A

Gold miners earned the ire of investors including billionaire hedge-fund manager John Paulson for entering into bad deals that destroyed shareholder value in the past.

Why Central Bank Buying Has the Gold Market Guessing

The gold market was caught by surprise when two of eastern Europe’s biggest economies, Poland and Hungary, made rare purchases in recent months.

Palladium surges to record high, capping seven-week 35% gain

Palladium soared to a record high of $1,150/oz., bringing the metal to within less than $100 of achieving parity with gold, capping a 35% surge over the past seven weeks, compared with single-digit gains in gold, platinum and silver.

Gold hits three-month peak as stocks slide, palladium at record

Gold jumped to a more than three-month peak on Tuesday, with investors spurred on by a slide in global equities and rising political and economic uncertainty, including concerns over Italy’s spending plans.

Gold Is Regaining Its Portfolio Hedge Status - BAML

Interest in gold as a portfolio hedge is coming back this fall, with Bank of America Merrill Lynch (BAML) strategists projecting to see another short-covering rally in the near future.

Gold Could Experience Mother-Of-All Short Covering

Gold is back under the spotlight because of the renewed appetite amidst traders.

Palladium Reaches Record on Mounting Concerns Over Tight Supply

Palladium climbed to a record on concerns about tightening supplies of the metal, which is mainly used in catalytic converters that curb vehicle emissions.

Palladium Nears Record After Hedge Funds Piled In

Palladium climbed near a record as the U.S. plans to pull out of the nuclear weapons pact with Russia, fueling tensions with one of the largest producers at a time when consumers are already scrambling for supplies.

Forget Bars And Coins; Digital Gold Will Revolutionize Marketplace - Sprott CEO

Although gold is one of the top traded assets in the world when compared to other markets, it can be hugely inefficient. One fund manager thinks this is going to change. According to Peter Grosskopf, CEO of Sprott: "The yellow metal is on the cusp of a new digital revolution."

Blockchain Could Track The Globe's Gold Bullion By 2019

Ethical sourcing is becoming critical in such a high-value sector as precious metals. It will become even more important as reserves of metals such as gold diminish and scarcity develops.

Blockchain Startup EmTech Secures Investment From Gold Miner Iamgold

Based in California, EmTech owns and operates Emergent Payments, the Responsible Gold platform and G-Coin. It provides blockchain solutions that track responsibly sourced gold from mine, to refinery, to vault, and then digitizes that gold into secure G-Coin tokens for investing, sending and spending globally. In addition to Iamgold, EmTech backers include Sprott Inc., Valcambi and Yamana Gold Inc.

Hedge Funds Reeling From Gold Jump Have Five Charts to Watch

Hedge funds that doubled down on bearish gold wagers are facing a gut check. The shiny metal is in the middle of a surprise advance, posting the fastest rally since the Brexit vote as a surge in haven demand combines with seasonal buying. The sudden snap of its unlucky streak - bullion has declined every month since April - blindsided fast-money investors, but that could be good for gold bugs.

Investment Update: IMF Report Highlights Gold's Relevance

The IMF Global Financial Stability report, released on 10 October, highlighted an increase in the level of risk among multiple global metrics. Following its publication, stocks in the U.S., Europe and Asia lost 4%, 3% and 4% respectively over three days. While the market has regained some of its early losses, we believe the report and the subsequent market pullback underline the relevance of holding gold in the near and long term.

Battery Technologies & Silver

The Silver Institute periodically issues Backgrounders to provide a closer look at various components of the silver market. Today, they posted a Backgrounder on Battery Technologies & Silver.

Hungarian Central Bank Stuns, Announces 10-Fold Jump In Gold Reserves

In one of the most profound developments in the central bank gold market for a long time, the Hungarian National Bank, Hungary's central bank, has just announced a 10 fold jump in its monetary gold holdings. The central bank, known as Magyar Nemzeti Bank (MNB) in Hungarian, made the announcement in Budapest, Hungary's capital.

One Sell-Off, So Many Causes

Donald Luskin’s latest Trend Macro MACROCOSM report provides a timely analysis of the recent market sell-off. Mid-term elections, the Fed, FANG stocks and a potential trade war with China are all playing a part in October’s market correction.  Several of these – especially China – are real and persistent issues. He writes, “Altogether, we’re regarding this as only a correction, not the onset of a new bear market.”

After disappearing for two quarters, gold buyers are back, and the metal could keep going higher

Gold prices are on the rise after lagging through the middle part of the year, and some analysts expect the precious metal to continue moving higher into next year.

My Precious! Time To Buy Silver

We explain why Silver is a great option on inflation and monetary madness coming in the next recession and why you should be accumulating now.

CEF: Beneficial Gold And Silver Developments

The world's central banks have been ramping their purchases of gold recently, including purchases by a few banks that have previously ignored gold. CEF allows investors to have exposure to both gold and silver bullion in one fell swoop.

Bloomberg Intelligence: Gold Resilient During Five-Year Dollar Rally

Gold has shown resilience over the last few years despite strength in the U.S. dollar, according to a report from Bloomberg Intelligence. Further, the large bearish position among futures speculators means potential for short covering in gold, he said.

Gold Coins Fly Off the Shelf at the Perth Mint as Prices Drop

Gold coins are back in favor. Australia’s Perth Mint reported a jump in sales of coins and minted bars to 62,552 ounces in September, the highest since January 2017.

Scotiabank to pay $800,000 to settle U.S. CFTC charges

Canada’s Bank of Nova Scotia (Scotiabank) will pay $800,000 to settle charges filed by the U.S. Commodity Futures Trading Commission that it engaged in spoofing in gold and silver futures contracts, the CFTC said on Monday.

EmTech Brings Gold On The Blockchain

Emergent Technology Holdings LP (EmTech) has created a blockchain-powered supply chain platform that tracks gold, from a mine to a storage facility.

Palladium may soon be worth more than gold

The price of palladium has had an impressive climb of nearly 30% over the past six weeks, and could become more valuable than gold for the first time in 16 years.

India Rules Out Higher Gold Tax

Jewelers in India breathed a sigh of relief after the government is said to have ruled out raising import taxes on gold to curb a slump in the local currency.

Barrick Will Buy Randgold to Expand World's Largest Gold Miner

Canada’s Barrick Gold Corp. agreed to buy Randgold Resources Ltd. in a deal valuing the combined company at $18 billion, creating a gold mining behemoth with a focus on Africa.

Gold Set to Soar Above $1,300, Bank of America Says

Gold is set to surge over the next year as concerns deepen about the widening U.S. budget deficit and a tariff-driven trade war starts to damage the country’s economy, according to Bank of America Merrill Lynch.

Gold Is Cheap. Inflation Is Coming. You Do the Math

Gold Is Cheap
Illustration: Jonathan Bartlett

Barron's cover story explains why "This may be an opportune moment for investors to shift at least a portion of their portfolios to gold: both the metal and depressed mining shares." Sprott PM Trey Reik is quoted: "Gold offers enormous portfolio utility in today’s complex and treacherous investment environment.”  Both Sprott Physical Gold and Silver Trust (CEF) and Sprott Physical Gold Trust (PHYS) are highlighted as ways for investors to play the rebound in gold prices.

Once-Bitten Investors Stay Wary as Gold-Mining Stocks Get Cheap

Investors stung by the sell-off in gold are going to need more than cheap equities and stabilizing bullion prices to wade back into mining-company stocks.

Gold extends run above $1,200; copper dips

Gold futures gained Wednesday, leaving the contract on track to close above the closely watched $1,200 line for a seventh straight day.

Gold Bulls Say Bears Should Be Nervous as Metal's Rout Ebbs

Beleaguered gold bulls are finally getting a rest from this year’s sell-off, and some see encouraging signs for a turnaround in the metal.

Silver's Discount to Gold Is the Biggest Since the 1990s

With gold the most expensive relative to silver in more than 20 years, investors in exchange-traded funds are betting on the cheaper metal.

Sprott Gold Report: Physical Matters

We believe gold sentiment may be turning in our favor. For the first time in 17 years commercial participants in gold futures — generally regarded as the “smart money” — have flipped their COMEX positioning to net long.

Gold Continues `Slow Dance' Around $1,200 Despite Fund Exodus

Gold is sticking to a narrow trading range around $1,200 an ounce even after holdings in bullion-backed exchange-traded funds plunged to their lowest in a year.

Gold Mining ETFs Rise on Demand in India: Will This Last?

Gold, after falling nearly 10% this year, has started to rise again as there is a surge in demand led by India, the second-biggest consumer of gold globally.

China To Be Key Player In Global Silver Market

China will play a major role in the global silver market for years to come, both as an industrial user and a silver miner, said the Silver Institute in a report released Wednesday.

'Once-in-a-lifetime discovery' of gold reportedly delivers more than $10 million in four days

Australia's ABC News reported that an unexpected discovery of gold in Western Australia has delivered more than 15 million Australian dollars ($10.66 million) in value of the precious metal in just four days.

Indian Gold Imports At Highest In 15 Months

The best performing metal this week was palladium, down 0.31 percent. Gold traders and analysts are bullish on the yellow metal for a third week in a row, according to a weekly Bloomberg survey.

Roman Gold Coins That Could Be Worth Millions Unearthed In Northern Italy

A jar full of ancient Roman gold coins reportedly worth millions was dug up in a former theatre in northern Italy.

Surge In Silver Demand Leaves U.S. Mint With No Eagle Silver Bullion Coins

The U.S. Mint has temporarily sold out of its 2018 American Eagle Silver Bullion Coins and is currently in the process of producing more.

Silver – Unarguably The Best Investment Choice At The Moment

After a major sell-off, precious metals are a cheap buy for long-term investors, according to Wells Fargo (NYSE:WFC) Investment Institute, which highlighted silver as the best investment choice at the moment.

The Dollar Is Losing Its Mojo at the Wrong Time

What’s wrong with the dollar? Barely two weeks ago the Bloomberg Dollar Spot Index reached its highest since June 2017.

Special Report: The Platinum Opportunity - Part 1

Platinum is one of the rarest of metals but often flies under the radar. In Part 1, we provide a Platinum Primer and explain why we are bullish on this essential metal, which plays a critical role in the automotive, industrial and jewelry sectors. 

China's net gold imports via Hong Kong plunge 45 percent month-on-month in July

China’s net gold imports via main conduit Hong Kong dived 45 percent in July from the previous month, data showed on Monday.

Floods in India's Top Buyer May Hit Wedding Season Gold Demand

Jewelers in India’s biggest gold-buying state expect sales to drop during the peak festival and wedding season after heavy rains and floods caused more than $3 billion of damage.

Hedge Funds Kept Betting Against Gold Even as Prices Began Rally

Hedge funds’ record net-bearish bets on gold signal how quickly investor appetite for the precious metal could turn.

PRECIOUS-Gold firms as dollar slides on dovish comments from Fed's Powell

"It sounds like the Fed is starting to lean a little bit dovish and that is taking the wind out of the U.S. dollars sail now," said Shree Kargutkar, portfolio manager at Sprott Asset Management.

PBOC Joins Forces With Powell to Hit the Brakes on Dollar Rally

The People’s Bank of China and Federal Reserve delivered a one-two punch to the dollar Friday, spurring the biggest selloff in a month and raising the specter of further weakness ahead.

Sprott Gold Report: Buying Opportunity as Gold and Silver Shorts Reach Record Levels

As investors flee the emerging markets and seek the safety of the U.S. dollar and U.S. equities, they've increased their short positions in commodities. Most surprisingly, and counterintuitively, bets against precious metals (gold, silver and platinum) have reached record levels.

Russia is buying lots of gold to shield it from sanctions

Official data show the Russian central bank increased its holdings of gold by nearly 29 tons in July, the largest monthly increase since November 2017.

Russian Central Bank Buys More Gold in Face of Tougher Sanctions

Russia added more gold reserves in July than any other month this year as it continues to buy up the metal in the face of U.S. sanctions.

Maria Smirnova – Silver, Jurisdictional Risk, And The Current Market

Senior Portfolio Manager Maria Smirnova discusses how Sprott approaches jurisdictional risk when assessing precious metals mining companies. Smirnova also recommends: "From a strict valuation point of view, now is a very good time to add to mining positions to investment portfolios given that both gold and silver have sold off significantly."

Sprott Gold Report: Summer Test

It's been a frustrating summer for gold bugs. Senior PM Trey Reik discusses how "emerging markets dislocation and the stored force in collapsing EM currencies is funneling towards a strengthening U.S. dollar, and in turn reflexively pressuring the gold price.” In the face of this bearish sentiment, we are encouraging Sprott clients to exploit summer price movements in precious metals to their maximum advantage. 

Safe Havens, U.S. Rates and Physical Demand: Gold Myths Busted

In a year when investors have been caught off guard by everything from emerging-market woes and the dollar’s tailwind to a brewing trade war, gold has been a conspicuous head-scratcher.

Gold Fades as World Gets Used to Bad News, Perth Mint Says

Investors have grown immune to the economic and geopolitical risks that typically drive haven demand for gold.

Gold Futures Volume Doubled in Turkey During Currency Crisis

First Turkish President Recep Tayyip Erdogan argued citizens should buy gold, then he says sell. Add dramatic swings in the lira, and the country’s traders are now enthusiastically doing both.

Ray Dalio’s Bridgewater Keeps Faith in Gold Despite Its Slide

Billionaire hedge-fund managers John Paulson and Ray Dalio stayed loyal to gold even as an investor exodus sent prices of the metal tumbling.

How Are Fed Policies Affecting Commodities? (DBC)

Trey Reik, senior portfolio manager with Sprott USA, speaks with Maurice Jackson of Proven and Probable about the Fed’s recent actions and what effect they are having on the gold and other markets.

Gold and Stocks Poised for Big Moves

It’s looking like the post-Labor Day markets are going to be very interesting. VERY interesting. Why? Because of two set-ups: one in the S&P 500, the other in gold.

Gold Puts Up a Fight as Selloff Slows Near Key $1,200 Level

Gold is showing resistance near $1,200 an ounce, suggesting prices are for now finding a floor near a one-year low.

Crypto’s $600 Billion Crash Hits a New Low

The 2018 selloff in cryptocurrencies plumbed new depths on Wednesday after the U.S. Securities and Exchange Commission dented enthusiasts’ hopes for a VanEck exchange-traded fund backed by Bitcoin.

Miners Set to Spend $11 Billion in Search of the Next Jackpot

Miners and investors are poring over satellite images, tracking drilling rigs and quizzing company executives for clues on whether the sector’s heavyweights are close to a new jackpot discovery.

Sprott Gold Report: Gold Slumps on Trade War Fears

Portfolio Manager Shree Kargutkar believes that “gold may prove to be the ultimate winner given the most recent trade conflicts.” Despite the U.S. dollar's recent strength Kargutkar argues that it is likely to be short-lived, and that all the elements are in place for a durable bull market for precious metals and precious metal equities.

UPDATE 2-South African platinum miner Implats says to slash 13,400 jobs

Platinum producer Impala Platinum will slash about a third of its workforce over two years in one of the biggest rounds of job cuts by one mining company in living memory in South Africa as the platinum industry faces a day of reckoning.

U.S. Mint Gold-Coin Sales Rebound In July, Increase 42.9% M-o-M

After what has been a lackluster year for precious-metal bullion coins, demand started to pick up in July, according to sales data from the U.S. Mint.

Commerzbank: Platinum, Palladium To Rise Into Year-End

Platinum group metals should rise in the last five months of 2018, with platinum returning to around $900 an ounce by year-end and palladium $950, Commerzbank said in report released on Wednesday

Gold—even at its lowest levels in 2018—is behaving just as prescribed

Gold’s sharp decline over the past month serves as little surprise to the investors who want the asset to perform in just this fashion—that is, as an alternative to assets perceived as risky like stocks.

Sprott Gold Report: Tariff Tension

Senior Portfolio Manager Trey Reik answers the question: Why isn’t gold doing better? After trading in a bullish consolidation pattern for 18 months, gold appears to have lost some of its mojo. Trump’s June 1 tariff announcements and the U.S. dollar's spring rally have hurt gold and other commodities. Reik counters by arguing that gold’s price stability has been fairly unique among asset classes, and that right now is a fortuitous entry point for portfolio allocations to gold.

Investors shunning gold but they may not be for long

At some point, trade wars could make investors run for the safety of gold, but right now they’re running away.

Gold at one-year low and a record number of investors in survey say it's a buy

Gold has lost its shine, falling to a one-year low. For contrarians, however, it may be the time to buy.

How Billionaire Investors Are Protecting Their Wealth

It can take a lifetime to build a fortune of Buffett or Dalio sized proportions. But, as all billionaires know, there is always risk present in the market – and even though a catastrophic geopolitical or financial event is very unlikely, it is important to be prepared for anything.

Indian Gold Imports Continue to Dip: Is Gold Losing Appeal?

India, the world’s second largest gold consumer after China, reported a drop of 39% in gold imports in the first five months of 2018.

Gold Investor: Gold and Technology

Over the past decade, the technology sector has accounted for more than 380 tonnes of gold demand annually, a significant figure in itself and almost 13% ahead of central bank net purchases during the same period.

The Role of Silver in the Green Revolution

With its unique conductive and chemical properties, silver is an important industrial metal with integral roles in many electrical and electronic applications.

Want to Win the Trade War? Long the Dollar

Trade wars are good, and easy to win -- that’s a Donald Trump assertion which is giving succor to dollar bulls.

Switzerland chooses gold bullion over paper wealth backed by US dollar

Another country is betting on physical gold. Switzerland's pension fund has boosted its investments in bullion, switching from the paper-backed securities in US dollars.

Gold ends losing streak, but suffers 5.5% quarterly decline

Gold futures snapped a four-day losing streak Friday, but logged a second quarter drop of more than 5%.

Why Russia and Turkey Are Such Gold Bugs

Their moves out of U.S. debt and into the precious metal could be precursors of a bigger global shift.

Sprott Gold Report: Periphery to Core

In this report, we employ the analytical framework of periphery to core.  We have organized this letter around evidence that the Fed’s dual policy goals are straining financial conditions in peripheral components of four critical sectors:  emerging markets, global financial institutions, U.S. corporate credits and U.S. consumer credits. 

Gold looks set to mark another 2018 low even as surging dollar pauses

A fresh round of global trade friction was again driving financial market sentiment to start a new week, although the issue has had a subdued impact in supporting haven gold.

Trump's Fickleness Is Dulling Gold's Appeal, Deutsche Fund Says

Gold is failing in its traditional role as a haven in turbulent times, and a Deutsche fund manager has an explanation.

Russia Dumps Treasuries for Gold

The Bank of Russia said on Wednesday that its holdings of gold rose by 1 percent in May to 62 million troy ounces, valuing them at $80.5 billion. In May, Governor Elvira Nabiullina said gold purchases help diversify reserves.

India's silver use triples in a decade, world share up from 14.7% to 39.2%

Silver consumption in India has increased multi-fold in the past one decade, going by a report on the precious metal released recently by the Silver Institute.

U.S. Inflation Accelerates to Six-Year High, Eroding Wages

U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively tepid despite an 18-year low in unemployment.

Gold Is Your Insurance Policy Against Catastrophe

It is important to own some physical gold in a safe-deposit box as well —something that we can get to in an emergency. However, shares of physical gold in a brokerage account are another excellent insurance policy.

Gold Market Dreams of Blockchain Supply Chain by Next Year

The gold market could be using the technology behind cryptocurrencies to track an almost-$200 billion supply chain as soon as next year.

Gold jewelry sales recovering in China, but platinum left on the shelf

Gold jewelry sales in number one market China are finally picking up after years of decline, but consumers are still shying away from platinum.

Sprott Silver Report: Silver's Critical Role in Electrification May Fuel its Rise

"Silver commands an established precious-metal pedigree, while simultaneously boasting a wide array of active economic functions,' writes Senior Portfolio Manager Trey Reik. This report explores silver's bullish supply/demand fundamentals and why this bodes well for higher silver prices ahead.

Gold May Hit $1,400 in '19 on `Powerful Fuel' of Weak Dollar

Gold may have posted two straight months of declines, but is set to shrug off the blues and rise in 2019 as the dollar weakens.

PRECIOUS-Gold gains as political turmoil in Italy rocks financial markets

Gold edged up on Tuesday as a deepening political crisis in Italy provoked a second day of heavy selling on European financial markets, though a buoyant dollar kept the precious metal's gains in check.

Gold ends lower as dollar gains, finds some support on Italy turmoil

Gold futures ended lower Tuesday as the leading dollar index gained, but the metal hovered above the closely monitored $1,300 line, finding some support from concerns tied to the eurozone.

In Gold We Trust Report 2018: Gold and the Turning of the Monetary Tides

Sprott is pleased to be a major sponsor of the Incrementum's 12th edition of the annual In Gold we Trust report, which discusses three fundamental turning points affecting the global monetary system. Report authors Ronald Peter Stoeferle and Mark Valek refer to these as “Monetary Turns of the Tide”, and write that “Gold will definitely contribute to staking out a comfort zone in the turmoil of the tidal changes that we have discussed.”

Meghan Markle makes gold sales sparkle

The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said.

Ray Dalio said last year gold was good protection because of Trump and North Korea 'playing chicken'

President Donald Trump's decision Thursday to cancel the Singapore summit with North Korea's leader sent the price of gold higher as global investors sought safety.

Sprott Gold Report: Why Berkshire Hathaway Needs Gold

Senior Portfolio Manager Trey Reik responds to Warren Buffet’s distaste for gold, staunchly reconfirmed by Buffett at the May 5 Berkshire Hathaway Annual Shareholder Meeting. Reik finds Buffet’s gold-versus-stocks comparison self impeaching, and suggests that a prudent allocation to gold could improve the risk-adjusted returns even for Berkshire Hathaway.

When Interest Rates Go Up, Gold Doesn’t: ‘It’s Totally Fallacious’ — Eric Sprott

The argument that when interest rates go up, gold goes down is a “totally fallacious” one, said Eric Sprott, billionaire precious metals investor and founder of Sprott Inc.

Gold’s Beauty Contest Still Has Legs

What’s ailing gold? After a rally from its lows in mid-December to a peak of $1,358 an ounce Jan.

How Much Gold Is Left in the World?

In 2016, archaeologists working at a dig site in Bulgaria came across a tiny but significant find: A gold bead measuring about an eighth of an inch in diameter, which scientists believe may be the oldest piece of refined gold jewelry ever discovered -- dating back as far as 4600 B.C.

Pension plans eyeing gold as inflation concerns rise

As inflation is back on institutional investors’ minds, some are eyeing an allocation to gold, both directly and through companies with exposure to the metal, according to one investment manager.

Trump Ire Stokes Gold Trade in Iran as Rial Hits Record Low

Iranians placed a lot more bets on gold in the first quarter after the local currency weakened to a record and fears grew that the U.S. would pull out of the nuclear deal, signaling a return to sanctions.

Global gold demand posts its weakest first quarter since the 2008 financial crisis

Worldwide demand for gold totaled 973.5 tons in the first quarter of the year, according to the Council's latest report, down 7 percent year-on-year.

Ron Paul: Buy Gold To Protect Against 50% Equity Correction

Former Congressman and Presidential candidate Ron Paul is recommending investors look to gold to protect themselves from a correction in equity market.

Sprott Gold Report: “QT” or Not to “T,” That is the Question

Senior Portfolio Manager Trey Reik presents analysis suggesting the Fed’s dual agenda of rate hikes and QT balance-sheet reduction is already straining global liquidity to the peril of reigning financial asset valuations. In order to arrest deflationary forces, at least in part of their own making, we expect the Fed to scale back telegraphed FOMC policy by yearend.

Gold Miners Betting On Digital Gold Market As Tradewind Raises $10.6 Million

On Wednesday, new fintech startup Tradewind announced that it raised $10.6 million in a strategic placement. The investment was led by Agnico Eagle (NYSE: AEM, TSX: AEM), IAMGOLD (TSX: IMG, NYSE: IAG) and Wheaton Precious Metals (NYSE: WPM, TSX: WPM). At the same time, existing stakeholders Sprott Inc. and Goldcorp (NYSE: GG, TSX: G) increased their investment in the company. Silicon-Valley-based venture capital firm Sapphire Ventures also became a new investor in Tradewind.

Sliver of Germany's mighty gold stash goes on show for the first time

Germany’s central bank, the Bundesbank, has opened an exhibition of its hefty gold reserves after recalling half of its bullion from foreign vaults. 

Is Gold Repatriation A Trend? Turkey Gets Its Reserves Back From The U.S. - Reports

Turkey joined the ranks of Germany and Hungary as the latest country which brought back its gold to home base, this according to reports from the country’s media.

Sprott Gold Report: Gold is Rarely this Cheap

Sprott Global Investment Executive Kenton Ralph Toews looks more closely at how commodities, relative to equities, are at their most undervalued in decades. Gold is especially inexpensive relative to the S&P 500. 

BMO: Silver To Get Long-Term Boost From Photovoltaic Demand

A rise in photovoltaic demand should improve silver’s supply/demand fundamental picture in the coming years, said BMO Capital Markets.

World Silver Survey 2018

The annual World Silver Survey is produced by the GFSM team at Tomson Reuters. The Survey is an excellent resource for silver investors, and is considered the industry standard for detailed silver statistics and analysis.

Global debt is at historic highs and governments should start cutting levels now, the IMF says

Global debt hit its highest levels ever and governments should take actions to reduce their indebtedness while the going is still good, the International Monetary Fund said.

One of These Investors Is About to Catch a Silver Bullet: Gadfly

Someone is about to catch a bullet in the silver market. Commodity funds are betting that the metal is headed for a fall.

Why Gold Mining ETFs Are Rallying

Trade war and increasing inflationary expectations are fears that investors are stricken with at the moment.

Gold is taking back its crown from bitcoin as best defensive play, strategist says

Gold soared to two-year highs this week as uncertainty rattled the market. The bull run isn't over yet, says one strategist.

Gold hits highest level since August 2016 in wake of Trump's missile threat

Gold futures hit their highest price since August 2016 on Wednesday, rising as investors fled to perceived safe havens after President Donald Trump threatened a missile strike in Syria.

Platinum is cheap – but will it ever get expensive again?

Today, we consider the investment case for the precious metal, platinum. I’ve identified platinum as “cheap” on these pages before and that is an adjective that still applies. In fact, now it is “even cheaper”.

Sprott Gold Report: Cryptocurrencies, Solid Gold or Just a Flash in the Pan?

Sprott Asset Management CEO John Ciampaglia examines the relative merits of gold and cryptocurrencies as these two alternatives to traditional fiat currencies duke it out in the “monetary” boxing ring of investor sentiment.

Ray Dalio Says Odds Are Rising for Trade and Other Types of Wars

"Recent geopolitical developments have led me to raise my probabilities of trade and other types of wars, such as capital wars, cyber wars (and possibly even shooting wars)," Bridgewater Associates Co-Chairman Ray Dalio wrote on LinkedIn.

Indicators Point To A Silver Rally

Despite its much lower market profile than gold, silver’s prospects are looking up.

Interview with Sprott's Trey Reik

Sprott's Ed Coyne and Trey Reik discuss the importance of gold to investment portfolios.

Gold Price Seen ‘Moving North’ as World Fails to Replace Output

Bullion prices are set to climb because there’s been a lack of exploration and the global industry isn’t replacing the reserves it’s been mining, according to Stephen Letwin, chief executive officer at Iamgold Corp.

Gold is catching a bid on trade war fears, but is now the time to buy?

Bill Baruch of Blue Line Futures and Larry McDonald with the Bear Traps Report discuss gold with Scott Wapner.

Unloved gold juniors ripe for the picking

A frequently trotted-out rule in investing is when there is blood in the streets, it's time to take a stock position.

Inflation Could Help Ease the U.S.'s Debt Burden

Few topics are less conducive to rational debate than the national debt. One of the most divisive questions is whether a country can get into trouble issuing debt in a currency it controls.

Gold Is Heading to $1,400 If Trade War Breaks Out, According to Sprott

Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, chief executive officer of Sprott U.S. Holdings Inc., who’s been involved in the market for four decades.

Sales of US Mint American Eagle gold, silver coins fall in March

Sales in March of U.S. Mint American Eagle gold fell to their lowest for the month, and silver coins dropped to their lowest in 11 years, government data showed.

From Ford to Gold: More Companies Adopt Blockchain Technology

The Blockchain technology has come a long way since it was first conceptualized by Satoshi Nakamoto in 2008. What was initially the core component of the cryptocurrency Bitcoin has now been adopted by different industries and for different purposes.

Gold forges its best run since 2011

Gold bulls are finding 2018 offers plenty of reasons to be cheerful.

Goldcorp, Sprott getting in on blockchain

If you physically own gold, you need to keep in safe. Which means keeping it in a safe, either in a bank or in your home. Or, you can invest in a gold exchange traded fund (ETF), in which case you don’t actually own the gold, and will be charged an annual management fee.

Get Ready: ‘Big Breakout For Gold’ Is Coming — Bloomberg Intelligence

A gold rally is in the cards for April, said Bloomberg Intelligence commodity strategist Mike McGlone, adding that not much can get in the way of that happening.

Goldcorp Deposits the First Gold on Tradewind Blockchain

Goldcorp Inc. (TSX: G, NYSE: GG) ("Goldcorp") and Tradewind Markets, Inc. ("Tradewind"™), a financial technology company revolutionizing the way gold trades, announced that Goldcorp deposited the first gold onto Tradewind's blockchain, known as VaultChain™, as the "genesis block".

Goldcorp Embracing Digital Gold, Placing 3K Ounces On New Market

In its continued bid to bring innovation to the precious-metals sector, one of the world’s biggest gold miners has embraced a new blockchain-based digital marketplace.

NY Startup Rolls Out Blockchain Platform for Gold Trading

US tech startup TradeWind Markets has launched a digital gold trading and settlement system that is expected to streamline and speed up the trading process and cut transaction costs.

Gold is breaking out, and a perfect storm may be brewing for a bigger rally

Gold is on a tear, and some market watchers see further upside ahead for the precious metal

ETF Investors Outsmart Hedge Funds Who Miss Out as Gold Rebounds

Hedge funds could learn a thing or two from exchange-traded fund holders, at least as far as the gold market is concerned.

Sprott-Backed Blockchain Platform Aims to Give Gold Digital Edge

TradeWind Markets Inc., a technology provider backed by Sprott Inc. and Goldcorp Inc., on Monday launched a new digital gold trading and settlement platform that aims to simplify and speed up trading and reduce transaction costs. The Royal Canadian Mint will provide storage for the platform, guaranteeing that the digital gold is backed one-to-one by physical bars.

India’s gold market

India, the world’s second biggest gold consumer, relies on imports to fulfill its nearly entire consumption.

In India, Digital Gold Sellers Hope Trickle Will Become a Rush

A digital revolution is reshaping India's $34 billion gold market, with smartphones, e-wallets and flexible investment schemes drawing new buyers into a business dominated by traditional, face-to-face transactions.

Gold 'loves any turbulence' as metal rises following Tillerson's exit

Gold futures edged higher on the latest shakeup in the Trump adminstration, with Secretary of State Rex Tillerson being replaced by CIA Director Mike Pompeo.

Sprott Gold Report: Gold Resilient Despite Market Volatility

The calm of equity markets across the world was rudely interrupted in February by a sudden spike in volatility which impacted virtually every asset class. Volatility across equities, bonds, currencies and commodities rose sharply during the month and remained elevated into March.

Five banks open up trillion-dollar gold club

The five banks that settle every transaction in London's $6.8 trillion a year gold market are changing the rules of their clearing house to make it easier for newcomers to join.

CEF: The Precious Metals Fund For The Bargain Hunters And The Concerned

CEF is a closed-end fund sponsored by Sprott Inc., seeking exposure to commodities through investments of gold and silver bullion.

From copper to gold, metals gaining upper hand vs. stock market

Steady metal prices to start 2018 should translate to further gains by year-end. They needed to pause after gaining 21% last year, as measured by the Bloomberg All Metals Total Return.

Silver News: Overcoming The Threat Of Antimicrobial Resistance To Silver

Antimicrobial resistance (AMR) represents one of the most significant challenges in healthcare. A study recently published in the journal Nature Nanotechnology suggests that microorganisms can become resistant to the antimicrobial effects of silver nanoparticles, but there is a new way to tackle this.

Sprott Gold Report: Oopsie Daisy! Equity Markets Stumble in Early February

Senior Portfolio Manager Trey Reik looks beyond the short-term damage of the Feb. 5 market selloff, and explores why the current fed tightening cycle is likely to increase the stress on individual consumers and inflict damage across a broad spectrum on financial assets.

Sprott Physical Platinum & Palladium Trust: Attractiveness Depends On Position Size

Platinum and palladium are lesser-known precious metals which may offer diversification benefits to any portfolio.

Enhancing Portfolio Diversification with Gold and Silver

Ed Coyne, Executive Vice President at Sprott Asset Management discusses how an allocation to gold and silver can complement equities in an investment portfolio, and why Sprott advocates a 5-10% allocation for most investors. Coyne also introduces the Sprott Physical Gold and Silver Trust (CEF), which represents the successful takeover of Central Fund of Canada.

Sprott Gold Report: Why Gold and Gold Equities Can Thrive in 2018

With the beginning of the new year, we have entered a seasonally strong period for gold bullion and gold equities. Gold bullion posted a strong gain of 3.23% in January, ending the month at $1,345.15 per ounce. While sentiment towards gold has improved from frigid to luke-warm, sentiment towards precious metals equities remains downright bearish.

Sprott Physical Gold and Silver Trusts Launches on NYSE

Executive VP Ed Coyne discusses Sprott's acquisition of the Central Fund of Canada and launch of the Sprott Physical Gold and Silver Trust.

Sprott Gold Report: 2017 Redux

Gold bullion rose a respectable 13.09% in 2017, posting its strongest annual gain since 2010. Senior Portfolio Manager Trey Reik explores why gold's performance stacks up well against other alternative asset classes.

Sprott seeing renewed interest in gold as stocks keep rallying

Institutional investors are showing renewed interest in gold due to the softer U.S. dollar, rising bond yields and concern about stretched asset valuations. Some big investors are seeking to diversify their portfolios and taking a hard look at gold as an asset class to hedge against any potential market turmoil.

Sprott Seeing Renewed Interest in Gold as Stocks Keep Rallying

Institutional investors are showing renewed interest in gold due to the softer U.S. dollar, rising bond yields and concern about stretched asset valuations.

Sprott Gold Report: Just Get Tax Reform Done!

Senior Portfolio Manager Trey Reik takes a closer look at Trump's tax reform. Eager for the tax bill to pass, Trump boasts in a recent tweet, “It will be the BIGGEST TAX CUT and TAX REFORM in the HISTORY of our country!” We disagree. 

Sprott Gold Report: Gold Equities are Currently on Sale

Portfolio Manager Shree Kargutkar says, "gold is likely to benefit in early 2018 from its traditional first quarter strength."  He also explains why gold mining equities are cheap right now, and why high-quality miners are positioned for strong earnings performances.

Podcast: Precious Metals with Maria Smirnova from Sprott Asset Management

Maria Smirnova, Senior Portfolio Manager, discusses precious metals, and how it is getting much harder to find new deposits, given the drop-off in exploration budgets. She explains how an allocation to gold and silver in an investment portfolio can reduce volatility.

Sprott Gold Report: Bridging the Performance Gap Between Gold and Miners

Senior Portfolio Manager Trey Reik examines the interplay between gold bullion and gold equities. This relationship has been noteworthy in 2017, given an anomalous performance gap that we believe may provide investment opportunity for precious metals investors.

Sprott Silver Report: An Essential Metal for the 21st Century

Maria Smirnova, Senior Portfolio Manager, shares key takeaways from the Silver Institute’s 3rd Silver Industrial Conference that focused on “Silver’s Evolving Role in Science and Technology.” Smirnova looks at silver’s expanding role given its use in solar, automotive, electronics and healthcare applications, and explains why we are bullish on the metal. 

Sprott Gold Report: Will Receding Rate Hike Expectations Give Gold a Lift?

Senior Portfolio Manager Trey Reik discusses why gold has spent the past seven months in a tight trading range between $1,200 and $1,300 per ounce. Given the stored force inherent in such a trading pattern, history suggests a breakout, whether up or down, is likely to be characterized by a steep slope. The question remains, which direction will gold follow?

Sprott Silver Report: The Case for Investing In Silver

"Silver commands an established precious-metal pedigree, while simultaneously boasting a wide array of active economic functions,' writes Senior Portfolio Manager Trey Reik. This report explores silver's bullish supply/demand fundamentals and why this bodes well for higher silver prices ahead.

Sprott's Ed Coyne And Trey Reik Discuss the Current State of Gold
Sprott Gold Report: Have We Reached Peak Global Central Bank Liquidty?

Senior Portfolio Manager Trey Reik asks: "What is fueling this record-breaking investor complacency? We would suggest market perceptions of risk have been all but extinguished by relentless provision of central bank liquidity." He explains why gold's pullback is a reflection of persistent strength in U.S. equity markets.

Sprott Gold Report: Top-Ten Fundamentals Supporting Higher Gold Prices

Senior Portfolio Manager Trey Reik identifies ten market variables we view as bullish for the gold price: "With respect to precious metals, we have rarely observed such a confluence of gold-supportive technical and quantitative variables across such a wide spectrum of relevant asset classes."

Sprott Gold Report: Is the Fed Worried About Irrational Exuberance in U.S. Equity Markets?

Senior Portfolio Manager Trey Reik looks at gold's lackluster performance in March: "We attribute this swift shift largely to a short stretch of particularly impassioned Fed jawboning, book-ended by the FOMC’s two crucial thought-leaders, Vice Chairman William Dudley and Chair Janet Yellen."

Sprott Physical Bullion Trusts

Raising the bar in precious metals investing

Sprott Physical Bullion Trust
Sprott Physical Bullion Trusts trade on NYSE ARCA

Find out more

Sprott ETFs 

In partnership with ALPS Advisors, Inc. and ALPS Distributors, Inc. Sprott offers two gold mining ETFs. The Sprott Gold Miners ETF (NYSE Arca: SGDM) and the Sprott Junior Gold Miners ETF (NYSE Arca: SGDJ). 

Find out more

VideoBillionaires VideoWatch Video

 

 

 

Stay informed with
Sprott's Insights

Subscribe today to receive the latest perspective from Sprott.

Important Message

You are now leaving Sprott.com and entering a linked website. Sprott has partnered with ALPS in offering Sprott ETFs. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETFs, you will be directed to the ALPS/Sprott website at SprottETFs.com.

Continue to Sprott Exchange Traded Funds

Important Message

You are now leaving Sprott.com and entering a linked website. Sprott Asset Management is a sub-advisor for several mutual funds on behalf of Ninepoint Partners. For details on these funds, you will be directed to the Ninepoint Partners website at ninepoint.com.

Continue to Ninepoint Partners