The Smart Money Case for Gold – Sprott Asset Management – 10.17.18

Summary:

Now On Demand.

Investors continue to plow money into expensive assets like U.S. equities while ignoring assets with considerable value, including precious metals and other commodities. We ask a seasoned ETF model portfolio strategist and a precious metals portfolio manager to explain how an investment in gold – and silver – can potentially enhance overall portfolio diversification right now. We are in the late stages of this economic cycle, marked by over-valued equities, rising inflation, climbing interest rates and the relative cheapness of commodities which make for a very compelling investment case. In this webcast we will address the following questions:

• What is the optimal portfolio allocation of gold given the current environment?
• Do record levels of speculative short selling represent an historic opportunity to invest in gold and silver?
• What are the benefits of investing in ETFs to gain exposure to precious metals and miners?
• How do portfolio managers evaluate the strength of gold/silver mining companies?
• Outlook for Q4 2018 and 2019

Speakers:

Ed Coyne joined Sprott in January 2016 and has more than 25 years of investment management and sales experience. Previously, Ed 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, Ed worked with Zweig Mutual Funds and Neuberger Berman as a Regional Sales Director. Ed 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. Ed worked in the firm’s key account sales division servicing institutional clients.

Ed earned his Bachelor of Science in Architectural Studies from the University of Missouri. Ed also holds a Series 7 license, administered by Financial Industry Regulatory Authority (FINRA).

John Davi has 19 years of experience spanning across Macro ETF Strategy, Quantitative Research & Equity Derivatives. John spent 8 years as the Head of Morgan Stanley’s Institutional ETF Content where he advised many of the world’s leading investment management firms in quantitative ETF portfolio construction and implementation. John spent 10 years at Merrill Lynch as an Equity Derivatives & Quantitative Strategist. In 2017, John founded Astoria Portfolio Advisors, an investment management firm that specializes in Quantitatively driven and Cross Asset ETF portfolio management. Astoria’s competitive edge is our research, our deep portfolio construction background and our ETF product expertise.

Shree began his career at Sprott Asset Management LP in May 2010 as an Analyst Intern. Subsequently, he joined the firm as a full-time analyst and was then promoted to an Associate Portfolio Manager. In 2017, Shree was promoted to the role of Portfolio Manager. Shree develops long and short ideas across various geographies and markets. He also leverages his expertise in derivatives across various mandates and implements strategies for risk mitigation, income generation and improving upside capture.

Shree has a B.A. Hons in Psychology from York University and obtained his MBA from the University of Toronto in 2011. He also holds his CFA designation.