A Closer Look at Gold and Silver, Metals and Miners – Sprott Asset Management – 3.26.25

Summary:

Gold and silver provide a powerful blend of potential wealth preservation, inflation mitigation and portfolio diversification. During times of geopolitical uncertainty and market volatility, investors have turned to gold and silver as safe-haven assets. Unlike stocks or bonds, gold and silver are tangible, resilient to corporate failures and sovereign defaults, and may offer security and liquidity in uncertain economic climates.

Join us for an exclusive webcast that will cover:

• Insights into the key technical drivers influencing gold, silver and precious metals mining equities.
• The ongoing bull market has seen gold bullion surge and gold mining stocks deliver impressive gains.
• How gold mining equities have historically outperformed gold prices, offering attractive opportunities for investors.
• How silver’s unique role as both a precious and industrial metal are fueling its rise.
• Why silver is underpriced relative to gold, and what this means for potential silver price gains.
• Options for investors looking to enter the space.

Accepted for 1 CFP / IWI / CFA CE Credit

Speakers:

John Hathaway joined Sprott Asset Management USA, Inc. in January 2020. Mr. Hathaway is a Senior Portfolio Manager of Sprott Concentrated M&A Strategy, Co-Portfolio Manager of the Sprott Gold Equity Fund and Portfolio Manager of Sprott Active Gold & Silver Miners ETF (GBUG). Previously, Mr. Hathaway joined Tocqueville Asset Management L.P. in 1997 where he was a Co-Portfolio Manager of the Tocqueville Gold Fund as well as other investment vehicles in the Tocqueville Gold Equity Strategy. He was also the Portfolio Manager of private funds. Prior to joining Tocqueville, Mr. Hathaway co-founded and managed Hudson Capital Advisors, followed by seven years with Oak Hall Advisors as the Chief Investment Officer in 1986. In 1976, he joined the investment advisory firm David J. Greene and Company, where he became a Partner. Mr. Hathaway began his career in 1970 as an Equity Analyst with Spencer Trask & Co. Mr. Hathaway earned a B.A. from Harvard College and an MBA from the University of Virginia. Mr. Hathaway was also the Chairman of Tocqueville Management Corporation, the General Partner of Tocqueville. He also holds the CFA^® designation.

Maria Smirnova is a Managing Partner at Sprott Inc. and Senior Portfolio Manager & Chief Investment Officer at Sprott Asset Management. She has over 20 years of investment experience. She joined Sprott Asset Management LP in 2005 as a research associate supporting the metals and mining team. She currently serves as Lead Portfolio Manager of the Sprott Silver Strategy, Co-Portfolio Manager of the Sprott Global Gold Strategy and Portfolio Manager of Sprott Active Gold & Silver Miners ETF (GBUG). Maria is also a Portfolio Manager on the investment team for Sprott Gold Equity Fund (SGDLX). Prior to joining Sprott, Maria served as a Product Development Analyst at Fidelity Investments. Ms. Smirnova holds a Master of Business Administration degree and a Bachelor of Commerce degree from the Rotman School of Management, University of Toronto. She has been a CFA^® charterholder since 2002.

Ed Coyne joined Sprott in January 2016 and has more than 25 years of investment management and sales experience. Mr. Coyne is the Host of Sprott Radio, a lively podcast series that provides in-depth intelligence on precious metals and critical materials investments, featuring subject matter experts.

Before joining Sprott, he was a Principal and Investment Specialist for 18 years at Royce & Associates, a small-cap value manager located in New York City and the investment adviser to The Royce Funds. Before joining Royce, Mr. Coyne worked with Zweig Mutual Funds and Neuberger Berman as a Regional Sales Director. He began his career at Reich & Tang, a provider of deposit, liquidity and cash management solutions for banks, broker-dealers, investment advisors, institutional investors and public entities. Mr. Coyne earned his Bachelor of Science in Architectural Studies from the University of Missouri. He also holds a Series 7 license, administered by Financial Industry Regulatory Authority (FINRA).