With many investors looking to hedge their portfolio going into the rest of this year, Sprott is in the sweet spot.
The price of physical gold and silver has begun to rise from the doldrums this year. This is partly because of dollar weakness, dovish actions by central bankers around the world fearful of taking action that might halt the current sleigh ride, and by investor interest in finding assets non- or poorly-correlated to the direction of the stock and bond markets.
Sprott Inc. (SPOXF in the US) focuses its asset management activities on precious