Read the presentation here. Eric Sprott’s presentation Mania. Manipulation. Meltdown. at the New York Hard Assets Investment Conference 2012.
Sprott Money News
Article Excerpt: Read the article here. “Resource Investor: How do you see the silver market and other metals developing in the next few months and beyond? Eric Sprott: You know, a lot depends on how this financial crisis, which seems to be ongoing, plays out. I’ve always been a great believer that the ultimate true [...]
Article Excerpt: Read the article here. “Eric Sprott, chief executive officer of Sprott Asset Management, recently sat down with CNBC at the SALT conference in Las Vegas to discuss gold and silver. When asked about gold’s recent price struggles, Sprott pointed to the fundamentals remaining intact. He explained, ‘We have some wonderful statistics on physical [...]
Article Excerpt: Read the article here. ” ‘We believe that the prime catalyst for this stock continues to be a rally in precious metals equities,’ says Scotia Capital Markets’ Phil Hardie. ‘Given recent weakness, we believe the valuation is now looking quite reasonable for those who ascribe to Sprott’s underlying investment themes.’ ‘If you have [...]
Video Summary: Watch Part 1 here. Watch Part 2 here. I think it’s counter intuitive. Gold normally doesn’t go up when things are the most extreme. When we had the RTO announcement on Feb 29th, it got crashed, which seemed somewhat counter intuitive. I’m going to fall back on Jim Grant’s statement here on CNBC [...]
Article Excerpt: Read the article here. “Gold is falling because the powers that be, with their paper shenanigans, are knocking the hell out of it. We see tremendous physical demand. Massive amounts of gold are going through Turkey, into the Middle-East. Chinese imports are strong. To me that’s the ultimate antidote.”
Article Excerpt: Read the article here. “‘Sooner or later,’ said Eric Sprott last week in Toronto, to a room full of investors, ‘the physical markets will defeat the paper markets.’ Mr. Sprott, who founded and runs Canada’s Sprott Asset Management Co., was on a roll. His argument was, basically, that the stock markets of the [...]
Article Excerpt: Read the article here. “Nothing is improving. The confidence numbers and the PMI’s in Europe are weak. The PMI in China has shown contraction for six months in a row here. So, anybody who thinks the world’s economic picture is improving is being sorely disappointed. I don’t think it can be resolved unless [...]
Video Excerpt: Watch the video here. “What’s important is that good markets are for selling and bad markets are for buying; it’s counterintuitive. Your perception of how events will play out in the future is determined mostly by your experience in the immediate past; and if the last three investment decisions that you’ve made have [...]
Article Excerpt: Read the article here. “Money manager Eric Sprott has gained a reputation as an implacable bear, Canada’s version of Nouriel Roubini (aka Dr. Doom). In fact, that has not always been the case. Back in the 1980s, Sprott was bullish on the stock market. But that’s ancient history. Since 1999, he has been [...]
