Low valuation, strong financials and a bright earnings outlook add up to a highly attractive investment case for the gold miners. We were recently reminded that investment legend Stan Druckenmiller once shared a key secret for his success. That secret was to stand pat for long periods, years if necessary, until exceptional opportunity presented itself. In baseball lingo, such an opportunity is called a “Fat Pitch”. We believe that the macro forces for gold and related mining stocks have coalesced into what may be one of the fattest investment pitches of our time. A fat pitch is a momentary event, akin to catching a major trend change in the financial markets. Such opportunities do not come around often. They deserve serious consideration and expeditious response.
Sprott Gold Equities Report Q2 2020
Sprott Gold Monitor Q2 2020