Paul Wong, Market Strategist and Edward Coyne, Senior Managing Director,
Sprott Asset Management discuss the state of the gold and precious metals market, and how advisors can effectively leverage precious metals in their portfolio.
This August, gold surged above $2,000 for the first time in history, while the U.S. dollar weakened. Since the record highs, gold has seen its first post COVID-19 market correction. However, Wong says that current market conditions indicate that gold bullion and stocks still have the potential to rise. According to a study by Bloomberg, A 5-10% allocation to physical gold in a traditional 60/40 portfolio can help deliver long-term enhanced returns and stability to a portfolio.
Sprott is a global alternative asset manager highly specialized in precious metal investments. The firm offers investors a wide range of physically backed gold trusts, mining ETFs, and actively managed equity, private equity and debt strategies. Sprott’s factor-based gold miner ETFs,
Sprott Gold Miners ETF SGDM and the
Sprott Junior Gold Miners ETF SGDJ provide exposure to gold mining companies directly, and are designed to out perform traditional passive, cap-weighted index funds. Sprott manages roughly $17 billion in assets under management.
To learn more, register for Sprott’s webcast:
Gold Rally Over or Just Getting Started? A Technical Perspective.
Topics Include:
- How most governments are expanding money supply in response to COVID
- Which macro variables can explain the majority of the movement in gold bullion
- How current Fed policies will affect gold bullion
- Why gold may make more sense than bonds in a diversified portfolio right now
- The technical chart patterns of gold bullion across different time frames
- What the charts indicate for silver, platinum and palladium
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