Those who have been keeping an eye on geopolitical developments likely know that rare earths are an increasingly valuable resource for both China and Western countries. After all, tensions continue to escalate on this front.
Gold's recent price decline reveals an important paradox: a stronger U.S. dollar can pressure gold prices in the short term while ultimately strengthening gold's long-term investment case, according to Paul Wong, managing partner and market strategist at Sprott Inc.
Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has closed a best-efforts private placement raising just over C$28.2 million, including a lead order from mining investor Eric Sprott. The Vancouver-based company sold 22,583,000 common shares at C$1.25 per share.
Despite gold's recent disappointing price action, the precious metal's long-term bull case has rarely looked stronger, as the Federal Reserve faces an increasingly impossible balancing act between inflation, economic growth, and rising sovereign debt risks, according to one fund manager.
Addressing a critical geopolitical and national security need, the Sprott Rare Earths Ex-China ETF offers unique, pure-play exposure to rare earth companies outside China. REXC's top holdings include MP Materials, Lynas Rare Earths, and other industry players, each advancing integration across mining, separation, refining, and production. While sector risks include speculative entrants and challenging extraction environments, REXC's diversified portfolio targets companies with credible operational progress and government backing.
In a Sprott Precious Metals report, Sprott Managing Partner and Market Strategist Paul Wong, noted gold reclaiming its status as the world's primary neutral reserve asset. When it comes to the global central banking system, gold reserves have overtaken U.S. dollar-denominated reserves.
VettaFi's Head of Research Todd Rosenbluth discussed the Sprott Rare Earths Ex-China ETF (REXC) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and strategy, visit VettaFi | ETF Trends.
This month, Canadian billionaire and longtime precious-metals investor Eric Sprott has bought another 300,000 shares of Hycroft Mining (NASDAQ: HYMC), filed as a 10% owner across three Form 4 transactions: 100,000 shares at $38.28 and 100,000 shares at $39.06 on April 9, and 100,000 shares at $37.84 on April 24.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Sprott (NYSE: SII - Get Free Report) and Apollo Global Management (NYSE: APO - Get Free Report) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, earnings, risk, profitability and valuation. Risk and Volatility Sprott has a beta of
A portfolio with an underinvestment in copper may not translate to a clean bill of health from “Dr. Copper.” The structural shifts transforming the global copper market is creating explosive growth opportunities in the metal.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.