Insights
Sprott Insights offers unique analyses and perspectives from the firm’s leading experts on key topics in precious metals and critical materials.
Sprott Webcast Replay
The Miners Take the Lead: What's Driving Gold & Silver Equities
Gold and silver mining equities have outperformed the underlying metals year-to-date, supported by improving margins, stronger free cash flow potential and renewed investor interest in the operational leverage miners can offer. Watch the webcast replay to learn why Sprott Portfolio Managers Maria Smirnova and Justin Tolman believe mining equities may have entered a new phase of leadership, and what that could mean for precious metals allocations.
Interview
Silver Conference Featuring Maria Smirnova, Sprott CIO
Maria Smirnova, Sprott Chief Investment Officer, joins James Connor of Bloor Street Capital to discuss Sprott's outlook on silver. Smirnova views recent gold and silver volatility as a healthy correction in a bull market, driven by strong fundamentals like supply deficits and rising global demand rather than speculative excess. Smirnova outlines Sprott’s long-term, disciplined approach and stresses patience and conviction.
Silver Report
Silver Investment Outlook Mid-Year 2025
Silver gained nearly 25% through mid-year, and continues to rise in July, as supply remains tight and demand accelerates. With silver crucial to new technologies, the metal is benefiting from powerful structural tailwinds and renewed interest from investors.
Sprott Silver Report
Silver’s Critical Role in the Clean Energy Transition
Silver is crucial in the shift to cleaner energy, vital for solar panels and EVs, which reduce greenhouse gases. New technologies like AI have increased demand, while overall silver supply has declined.
Sprott Webcast Replay
Gold and Silver: Precious Metals On the Move
Replay our webcast on gold and silver with John Hathaway and Maria Smirnova. Gold is supported by central bank buyers like China, while silver benefits from increased demand for PV solar panels.
Investment Risks and Important Disclosure
This article discusses a range of potential economic scenarios that could arise if current geopolitical conditions persist or deteriorate. These scenarios, including those expressed in the present or future tense, are illustrative only and should not be viewed as predictive, promissory or guaranteed.
Relative to other sectors, precious metals and natural resources investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.
Gold and precious metals are referred to with terms of art like "store of value," "safe haven" and "safe asset." These terms should not be construed to guarantee any form of investment safety. While “safe” assets like gold, Treasuries, money market funds and cash generally do not carry a high risk of loss relative to other asset classes, any asset may lose value, which may involve the complete loss of invested principal.
Past performance is no guarantee of future results. Investments, commentary and statements are unique and may not be reflective of investments and commentary in other strategies managed by any other Sprott entity or affiliate. Opinions expressed in this presentation are those of the presenters and may vary widely from opinions of other Sprott affiliates. Forward-looking language should not be construed as predictive. While third-party sources are believed to be reliable, Sprott makes no guarantee as to their accuracy or timeliness. This information does not constitute an offer or solicitation and may not be relied upon or considered to be the rendering of tax, legal, accounting or professional advice. It does not constitute a recommendation to purchase, sell or hold gold, silver, mining equities, exchange-traded products or any other investment.