Should we listen to the opinion of Eric Sprott ?
He called the housing bubble.
He called the collapse of the American banking industry.
He called the rise in oil prices half a decade ago.
He called the giant bull run in gold.
He still believes in all of the above basically, but his new passion is silver.
I honestly don't know what to think, as the sky can't keep falling forever can it ? What I do know is that his opinions and resulting investing decisions have made him rich because he was right.
Thus, I listen to what he has to say so that I can at least consider it. I'm with him on oil, but don't quite understand precious metals.
Here is a video presentation that he just made walking you through his current thinking about the world and investing:
http://www.youtube.com/watch?v=T2w7wGwUZ9Y
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What do you think of SCPZF here?
ReplyDeleteI think it is moderately undervalued and that the management team will likely add value. I'm not holding it now, and would love to see it cheaper so I can buy again.
ReplyDeleteWhat do you see as the best reward/risk in the stocks you are watching? PBEGF? ATPG?
ReplyDeleteAny thoughts on the new Israel permits by ATPG?
I'm holding Sprott Resources for the long term. A great team with a nice collection of diversified assets IMO.
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