After a 12-year run, some question whether gold has lost its luster (if you’ll pardon the pun) as an effective portfolio hedge following three years of consistent declines. Many have called into question gold’s investment appeal: either the decade’s long bull run in gold has reached its conclusion, or the last three years’ price declines have generated an unprecedented opportunity to rebuild a portfolio with a base in precious metals. But these conclusions are often the results of emotional decision making.Read More
I had the chance to sit down once again with Rick Rule, Chairman of Sprott US Holdings.
It was an interesting conversation, as Rick noted natural resource markets are transitioning into a phase in which “optionality” is becoming a highly attractive speculative strategy.
“Optionality [or hoarding] is a speculative technique that works particularly well when entered into during bear markets, transitioning into bull markets.”Read More
It is commonly suggested that investors should have up to 5% of their net worth invested in gold products to diversify risks in their portfolios[i]. As followers of this publication likely know, throughout history gold has been used as a form of money. Having exposure to gold may, from time to time, guard against inflation, deflation and world currency turmoil.[ii]Read More
As we enter Year Five of the cyclical bear market in commodities, the reward to risk ratio for holding most stocks in the sector continue to improve. As Rick Rule said in a recent interview :
“The first thing that I hope that people do is understand that if the narrative that existed with regard to resources and precious metals in 2011 was true then, it's more true now......Read More
2015 was anything but a dull year, and December was no exception. Aside from hectic holiday traveling and an entertaining bevvy of political debates, there have been three key economic events that have already set the stage for an interesting investment year in 2016: the Federal Reserve boosted interest rates for the first time in seven years, the Eurozone, in contrast offered greater monetary easing, and oil prices fell another 12%.Read More
“What would you like to talk about this time?” I asked my boss, after walking into his office.
“Well, I’d like to have a conversation for the issuers,” replied Rick Rule, Chairman of Sprott US Holdings, “in terms of what we look for, before giving a company our client’s money. What do you think?”
“I like it,” I said. And we chatted about it for a few more minutes. Later that day, I liked it even more for the following reason.Read More
I had the chance once again to sit down with Marc Faber, publisher of the Gloom, Boom & Doom Report.Read More
Few assets command more disparate investment motivations than gold. Most investors hold opinions of gold’s merits, usually with surprising conviction. Some view gold as an inflation hedge, others as a deflation hedge. During times of financial stress, some view gold as an asset to own, while others might view gold as an asset to short, because of gold’s historically inverse relation with the safe-harbor U.S. dollar. Many view gold as the ultimate “risk off” asset, and just as many view gold as the ultimate “risk on” trade.Read More
Tekoa Da Silva had the chance to sit down recently with James Turk, Director of Gold Money Inc. It was a fascinating conversation of monetary history and gold, with the 45-year veteran of international banking & finance.
Speaking toward the consequences of rising interest rates, James noted that, “We’re at zero interest rates…Read More
With regards to precious metals and precious metals equities, I’m going to go out on a limb and say I think we’ve bottomed. I will probably be rewarded for that with another smack down.
But it appears to me like the precious metals markets in terms of both commodities and the equities markets that underlie them are in recovery.Read More