In our last article, we covered 7 Junior Silver Mining Companies that Eric Sprott Invested in During 2019. Those stocks have performed very well in 2019 and should have an even better year in 2020.In this article, we will look at 5 Junior Gold Mining Stocks that Mr. Sprott was busy buying in
7 Junior Silver Mining Companies that Eric Sprott Invested in During 2019
Billionaire Eric Sprott is a "long-time gold bull", and claims to hold 90% of his assets (except for Sprott Inc shares) in gold and silver. He advised investors to buy gold before the 2008 financial crash, which proved prescient. The gold price went on to double in three years or nearly triple from
If History Repeats, Gold is Headed to $8,000
The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The breakout above $1,360 this
Germany Increases Gold Reserves for the First Time Since 1998!
The latest IMF data shows that Germany increased its gold reserves during the month of September. While the increase of 90k ounces of gold ($135 million worth) is not significant to their 108 million ounce total, this does mark the first time the German Central Bank has added gold to its reserves in
Why These Lithium and Cobalt Companies May be the Ultimate Contrarian Play
Lithium and cobalt companies are a hidden gem in the mining sector. Lithium and cobalt, along with nickel, are the primary metals used in most modern batteries.42% of the world’s cobalt production goes toward the creation of Lithium-ion cell batteries.According to the Cobalt Institute,