Rick Rule, founder and CEO of Sprott U.S. Holdings

Focus: Precious metals stocks
_______________________________________________________________

MARKET OUTLOOK
All markets have been roiled by the U.S. election. In truth, from my point of view, the U.S. election is a non-event, from a resource capital markets point of view. World economic growth continues to be anemic, constraining demand for commodities. Commodity prices continue, in many markets, to be below fully-loaded production costs, which will, in time (two to three years), constrain supply capacity, leading to a period of rapid rises in raw materials pricing. Precious metals markets, including those for gold and silver, have clearly bifurcated from other commodities what with precious metals equities responding to global deficit spending, accommodative fiscal regimes, and most importantly negative-real and even negative-nominal interest rates. These conditions were set to continue despite which horrible candidate American voters chose.

TOP PICKS

IVANHOE MINES (IVN.TO)

NEVSUN RESOURCES (NSU.TO)

CALLINEX (CNX.V)
 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
IVN Y N Y
NSU N N Y
CNX N N Y


PAST PICKS: NOVEMBER 12, 2015

FRANCO NEVADA (FNV.TO)

  • Then: $62.49
  • Now: $82.47
  • Return: 31.97%
  • TR: 33.84%

NEVSUN RESOURCES (NSU.TO)

  • Then: $3.63
  • Now: $4.11
  • Return: 13.22%
  • TR: 19.19%

ALTIUS MINERALS (ALS.TO)

  • Then: $11.54
  • Now: $11.56
  • Return: 0.17%
  • TR: 1.30%

TOTAL RETURN AVERAGE: +18.11%
 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
FNV Y N N
NSU N N Y
ALS N N Y


WEBSITE: www.sprottglobal.com