North American oil and gas companies experienced a severe correction this summer, following a run-up through the first half of the year.
Speaking towards the overall market Rick noted that, “The market itself is very healthy. You are seeing a transition…a transition that doesn’t suggest, but rather screams that [junior resource issues are] under accumulation—which is a very, very bullish sign.”
A few weeks ago, we heard from Pierre Lassonde of Franco-Nevada on the power of the royalty business model. Just recently, I spoke with another ‘superstar’ of the natural resource industry -- Frank Giustra.
In a recent call with Eric Sprott, founder of Sprott Inc., he said he was still buying physical gold -and planned to keep buying it for as long as he could.
After reaching a six-year low in its price and recent industry cutbacks to production, metallurgical coal is showing classic signs of a resource that is ready for a cyclical uptrend.
Attractive way to take advantage of a recovery in natural resources.
Ian Gordon created Longwave Analytics, which studies the Longwave principle, by which economies obey long-term cyclical trends of expansion and contraction.
This is one of the greatest wealth transfers in history.
Timing not always as important as it seems.
"Speculators need to be cognizant of the fact that 50 or 60 percent of the companies in the junior resource sector are non-viable."
The mining industry can’t give guarantees just as airlines can’t.
Three big drivers.
“My prediction for the rest of the year is for gold to go higher, but in a choppy fashion."
"The sector that interests me the most is the sector that’s the most out of favor."
Steve Todoruk, an Investment Executive at Sprott Global Resource Investments Ltd. since 2003, said recently positive signs were beginning to take shape for the bigger mining firms.
In Structure, Skousen makes the case that modern economists downplay the importance of the business sector in the economy, and overstate the importance of consumer spending. In particular, he believes that the GDP should not be used as a sole measure of economic activity.
When the West runs out of gold, the price should go much higher.
Jim Rogers co-founded the Quantum Group of Funds in 1973. He has warned investors that governments could loot savings and pension plans soon.
“If the data keeps indicating synchronized global economic growth, it should be very good for resources, and specifically resource stocks.”
John Embry said last month that the rally at the beginning of the year was encouraging, but to remember that sentiment for gold was still extremely negative.
Steve Todoruk joined Sprott Global Resource Investments Ltd. as an Investment Executive in 2003. He focuses on investing in new discoveries – companies that have identified promising deposits that may prove to be economic.
Steve Todoruk, an Investment Executive at Sprott Global Resource Investments Ltd., said last year that big miners were the key to a rebound in natural resource stocks.
Gold has made its way down again, to around 1,300 per ounce this month. Rick Rule, Chairman of Sprott Global Resource Investments Ltd. says that a few years out, you will be happy you stuck with gold.
The real reason platinum and palladium should rise over the coming years has nothing to do with geopolitics or labor issues, Rick believes.
The real issue in South Africa is that there is a very big gap in incomes.