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Bullboard - Stock Discussion Forum Sprott Gold Miners ETF SGDM

The investment seeks results that correspond (before fees and expenses) to the performance of the Solactive Gold Miners Custom Factors Index. The underlying index aims to track the performance of gold companies located in the U.S. and Canada whose common stocks or American Depository Receipts (ADRs) are traded on the Toronto Stock Exchange, the New York Stock Exchange and NASDAQ. The fund will... see more

ARCA:SGDM - Post Discussion

Sprott Gold Miners ETF > "Sprott Weekly Wrap Up: Thinking About Buying Gold? 🛑
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Post by GoldenPolarBear on Jun 27, 2020 3:52pm

"Sprott Weekly Wrap Up: Thinking About Buying Gold? 🛑

"... 

Sprott Weekly Wrap Up: Thinking About Buying Gold? Stop Thinking and Get in the Game

Toronto, ON / June 26, 2020 / JMN Wire / With coronavirus still affecting supply lines and institutions racing to buy precious metals, the window for jumping on board the gold and silver train is closing.

On this edition of the Weekly Wrap-up, host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need, including:

  • The financial “tsunami” coming to town
  • The bad news for the U.S. dollar
  • Plus: Eric’s thoughts on the shares

“Things have been great in the precious metals area and lots of people are predicting higher prices. We’re getting the mainstream financial organizations recommending gold. And of course they typically say, well, ‘5 or 10% of your portfolio.’ And as the gold stocks, I think, start outperforming the market, which they’ve certainly done this year, they will probably continue to lean toward higher weightings… Some of us hog the puck in owning gold and gold shares... and you ain’t getting it out of our hands! So it’s going to be very difficult for people to fully participate in this.”


https://www.juniorminingnetwork.com/newswire/79396-sprott-weekly-wrap-up-thinking-about-buying-gold-stop-thinking-and-get-in-the-game.html
 

https://www.globenewswire.com/news-release/2020/03/23/2005128/0/en/KERR-MINES-CLOSES-FINANCING-WITH-SPROTT-RESOURCE-LENDING.html

Junior mining companies discussed:

 

 

 

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