Tuesday, August 15, 2017

Sprott Energy Fund joins exodus from Canada’s energy patch


Foreign oil producers aren’t alone in beating a retreat from Canada’s energy sector. In an interview on BNN, Sprott Asset Management Portfolio Manager Eric Nuttall, who manages the $146.3 million Sprott Energy Fund, said the energy investment landscape in the United States is much more attractive due to fewer regulatory headaches.

“We’ve taken our capital out of Canada, largely,” he said. “There’s such profound sentiment headwinds as a result of both provincial and federal government [measures.] Whether its carbon taxes, royalty regime changes and pipeline takeaway issues: we don’t get that in the U.S., we get the same commodity exposure, with equally good fundamentals without all that noise.”

Nuttall said his fund is currently about 85 per cent weighted to the United States, the largest exposure in its 14-year history.

“I just got sick of having to come on shows and talk about bloody pipeline takeaway capacity,” he said. “A company drills a great well, well great, are you going to have a pipeline [to] put the volume of oil or gas through? It was utter stupidity for us to not be able to build a pipeline after 12 years or 10 years of review, where in the U.S, in Texas, it takes you six to nine months to get a permit and get shovels in the ground.”

Nuttall said multiple levels of government need to take decisive action, lest the issue becomes more severe.

“We as a nation have to fix this, it’s a large part of our overall economy, and capital is fleeing: my capital has been fleeing,” he said. “When you look at the majors selling out oil sands, Petronas not going ahead with LNG projects, these should all be like shocking warning signals to our federal and provincial governments, and yet there just seems to be a total apathy.”

“It’s beyond my imagination why it’s not becoming more of a national priority.”


- Source, BNN

Saturday, August 12, 2017

The Latest US Political Turmoil and GDP Numbers


This week, Eric Sprott discusses the latest US political turmoil and GDP numbers. He also addresses the latest trend in gold prices and physical demand.

- Source, Sprott Money

Tuesday, August 8, 2017

The Latest Economic News and the Impact This Has on Metals


This week, Eric Sprott discusses the latest economic news and the impact this has on gold and silver prices.


Friday, August 4, 2017

The Ongoing Central Bank Market Interventions


This week, Eric Sprott discusses the latest economic news as well as the ongoing Central Bank market interventions.


Friday, July 21, 2017

A TOTAL REVERSAL In Silver



This week, Eric Sprott discusses the how the U.S. political situation and falling dollar might impact the prices of gold and silver.

- Source, Sprott Money

Friday, July 14, 2017

It’s Been A STUNNING Reversal - Eric Sprott Breaks Down Historic Silver COT


With Silver Prices Popping Back Above $16, Are the Commercials Ready to GUN the Metals Higher?

Eric Sprott Breaks Down the “STUNNING STUNNING Reversal” in the Silver COT…

- Source, Sprott Money

Monday, July 3, 2017

Eric Sprott: This Thing Could Come Apart In A BIG Hurry!


Billionaire Eric Sprott Warns A “Financial TSUNAMI” is Coming. The question is, will the system be able to stay together, or is it all going to come crashing down on our heads?

The only one true protection is gold and silver.

- Source, Sprott Money

Tuesday, June 27, 2017

Eric Sprott - It’s Incredible What Could Happen Here


“The Bond Market’s Calling Bull**it on the Fed!”

Legendary Silver Investor Eric Sprott Breaks Down the Gold and Silver Markets in the Wake of This Week’s FOMC Rate Hike.

- Source, Sprott Money

Saturday, June 24, 2017

Decisions in Washington Are Directly Impacting Gold and Silver


This week, Eric Sprott is discussing the troubles in Washington and how this is impacting the prices of gold and silver.

Tuesday, June 20, 2017

Eric Sprott: How the FED's Recent Announcements Will Effect Gold and Silver


Eric Sprott discusses the latest statement from the Federal Reserve and how this might impact gold and silver prices in the weeks ahead.

- Source, Sprott Money

Saturday, June 17, 2017

The latest US jobs Report and How it May Impact The Fed's Plans


This week, Eric Sprott discusses the latest US jobs report and how it may impact The Fed's plans to hike the Fed Funds rate later this month.

- Source, Sprott Money

Wednesday, June 14, 2017

Sprott Lifted Position in Seabridge Gold

Eric Sprott increased its stake in Seabridge Gold Inc (SA) by 15.71% based on its latest 2016Q4 regulatory filing with the SEC. Sprott Inc bought 49,769 shares as the company’s stock declined 8.47% while stock markets rallied. The hedge fund run by Eric Sprott held 366,489 shares of the basic industries company at the end of 2016Q4, valued at $2.99M, up from 316,720 at the end of the previous reported quarter. Sprott Inc who had been investing in Seabridge Gold Inc for a number of months, seems to be bullish on the $571.42M market cap company. The stock rose 2.49% or $0.25 reaching $10.3 per share. About 371,950 shares traded. Seabridge Gold, Inc. (USA) (NYSE:SA) has declined 18.80% since June 2, 2016 and is downtrending. It has underperformed by 35.50% the S&P500.

Coldstream Capital Management Inc increased its stake in Visa Inc (V) by 789.76% based on its latest 2016Q4 regulatory filing with the SEC. Coldstream Capital Management Inc bought 21,829 shares as the company’s stock rose 5.74% with the market. The hedge fund held 24,593 shares of the business services company at the end of 2016Q4, valued at $1.92M, up from 2,764 at the end of the previous reported quarter. Coldstream Capital Management Inc who had been investing in Visa Inc for a number of months, seems to be bullish on the $221.96B market cap company. The stock rose 0.73% or $0.69 reaching $96.1 per share. About 5.68 million shares traded. Visa Inc (NYSE:V) has risen 20.29% since June 2, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

More notable recent Seabridge Gold, Inc. (USA) (NYSE:SA) news were published by: Globenewswire.com which released: “Seabridge Gold Confirms Sale of Castle-Blackrock Claims to Columbus Gold” on February 22, 2017, also Globenewswire.com with their article: “New Study Finds Significant Further Gains for Seabridge Gold’s KSM Project” published on October 06, 2016, Streetinsider.com published: “Seabridge Gold, Inc. (SA) Reports Unfortunate Death of Board Member Douglass” on April 12, 2017. More interesting news about Seabridge Gold, Inc. (USA) (NYSE:SA) were released by: Seekingalpha.com and their article: “Why Seabridge Gold Won’t Be Producing Anytime Soon” published on June 07, 2016 as well as Seekingalpha.com‘s news article titled: “Seabridge Gold: Deep Kerr Falls Short” with publication date: October 18, 2016.

Sprott Inc, which manages about $3.27 billion and $1.17 billion US Long portfolio, decreased its stake in New Gold Inc Cda (NYSEMKT:NGD) by 1.58 million shares to 31,750 shares, valued at $111,000 in 2016Q4, according to the filing. It also reduced its holding in Tahoe Res Inc (NYSE:TAHO) by 446,594 shares in the quarter, leaving it with 1.05 million shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Coldstream Capital Management Inc, which manages about $1.42B and $614.55 million US Long portfolio, decreased its stake in Vanguard Index Fds (VB) by 9,008 shares to 65,121 shares, valued at $8.40 million in 2016Q4, according to the filing. It also reduced its holding in Vanguard Index Fds (VNQ) by 109,070 shares in the quarter, leaving it with 79,648 shares, and cut its stake in Ishares Tr (MUB).

Investors sentiment increased to 1.05 in 2016 Q4. Its up 0.12, from 0.93 in 2016Q3. It is positive, as 86 investors sold V shares while 540 reduced holdings. 132 funds opened positions while 525 raised stakes. 1.69 billion shares or 1.50% more from 1.66 billion shares in 2016Q3 were reported. Veritable Lp has 70,667 shares. Florida-based Raymond James Svcs Advsrs Inc has invested 0.34% in Visa Inc (NYSE:V). Psagot Investment House Limited reported 8,572 shares or 0.03% of all its holdings. Harvey Inv Co Limited Liability Company holds 0.04% in Visa Inc (NYSE:V) or 2,666 shares. Aristotle Capital Mgmt Ltd Limited Liability Company reported 2,700 shares or 0% of all its holdings. Charter Tru Com holds 0.16% or 18,744 shares. Freestone Capital Ltd Liability Corporation has invested 0% of its portfolio in Visa Inc (NYSE:V). 421,609 were reported by Waters Parkerson & Limited Liability. Lateef Invest Mngmt Lp, California-based fund reported 1.05 million shares. Ww Investors invested in 33.33M shares. Credit Agricole S A invested in 1.78M shares or 0.45% of the stock. Svcs Automobile Association, a Texas-based fund reported 3.30 million shares. 6.37M are owned by Allianz Asset Mgmt Ag. Strs Ohio holds 0.88% or 2.56M shares. Oregon Public Employees Retirement Fund, a Oregon-based fund reported 441,399 shares.

Among 23 analysts covering Visa Inc. (NYSE:V), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Visa Inc. had 44 analyst reports since July 21, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Friday, August 14 report. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, February 3. S&P Research downgraded the shares of V in report on Tuesday, July 28 to “Hold” rating. The stock of Visa Inc (NYSE:V) has “Hold” rating given on Tuesday, September 1 by Vetr. The company was maintained on Tuesday, October 25 by UBS. The firm has “Mkt Perform” rating by FBR Capital given on Friday, July 24. The firm has “Outperform” rating given on Tuesday, November 3 by RBC Capital Markets. The stock of Visa Inc (NYSE:V) earned “Outperform” rating by RBC Capital Markets on Friday, July 24. The stock has “Buy” rating by Sterne Agee CRT on Thursday, December 17. The stock of Visa Inc (NYSE:V) has “Outperform” rating given on Thursday, October 22 by Wells Fargo.

More notable recent Visa Inc (NYSE:V) news were published by: Seekingalpha.com which released: “Visa Is The Exception To The Rule” on May 29, 2017, also Seekingalpha.com with their article: “Visa: This Payments Powerhouse Is Not Done Yet” published on May 29, 2017, Seekingalpha.com published: “Warren Buffett Stocks In Focus: Visa” on May 31, 2017. More interesting news about Visa Inc (NYSE:V) were released by: Zacks.com and their article: “Are Options Traders Betting on a Big Move in Visa Inc. (V) Stock?” published on June 02, 2017 as well as Nasdaq.com‘s news article titled: “Visa Inc. (V) Ex-Dividend Date Scheduled for May 17, 2017” with publication date: May 16, 2017.

Since February 6, 2017, it had 0 insider buys, and 2 selling transactions for $11.71 million activity. On Monday, February 6 the insider HOFFMEISTER JAMES H sold $957,390.

- Source, Flint Daily