Rick Rule, president and CEO of Sprott U.S. Holdings
Focus: Natural resource investments

MARKET OUTLOOK

"We could have a rally [after the U.S. midterms] simply in the sense that there's so much liquidity still in the U.S.: The tax cuts, artificially low interest rates ... In the very near term, if the Democrats got control of both houses, there'd be a sense that the liquidity would diminish and it would be bad for the market. 

"I think that longer term for the economy ... gridlock would be a very good thing. If the Republicans couldn't do anything or if the Democrats couldn't do anything, in other words, if there was no political mischief from Washington and American society could get on with creating things and creating wealth, that would be great for the economy, which would be reflected in the market over time but not immediately."

TOP PICKS

IVANHOE MINES (IVN.TO)

B2GOLD (BTO.TO)

SANDSTORM GOLD (SSL.TO)

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
IVN Y N Y
BTO Y Y Y
SSL Y Y Y

 

PAST PICKS: NOV. 9, 2017

EMX ROYALTY CORP (EMX.V)

  • Then: $0.92
  • Now: $1.70
  • Return: 85%
  • Total return: 85%

EQUINOX GOLD (EQX.V)

  • Then: $1.02
  • Now: $1.01
  • Return: -1%
  • Total return: -1%

IVANHOE MINES (IVN.TO)

  • Then: $4.86
  • Now: $2.69
  • Return: -45%
  • Total return: -45%

Total return average: 13%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
EMX Y N Y
EQX N N Y
IVN Y N Y

 

WEBSITE: www.sprott.com