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April 28, 2025

“Breaking Up...”

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“Breaking Up...”

A market update from one of today’s top resource-market analysts.

Editor’s Note: 

Last month I introduced you to one of the rising stars in the mining industry, Edward Bonner. Today I have the pleasure to share another one of his great market analyses.
 

As I noted before, Edward is eminently qualified to speak on the resource sector as an experienced exploration geologist and a graduate from the Colorado School of Mines with a Master’s in Economic Geology. He’s now helping many investors protect and build wealth as an investment advisor at Sprott Wealth Management.
 

I’ve been very impressed with Edward’s bi-monthly commentaries for Sprott clients, and he shares his latest letter with us today.
 

While gold and the markets have reversed some of the trends that he commented on when this letter was written, they remain the underlying drivers of this gold (and now mining equity) bull market. In short, this is the new “mean” to which I believe the trends will revert. So it’s especially important to remember these powerful drivers that remain in place, and Edward does a superb job of explaining them.
 

I hope you enjoy Edward’s contribution below. And feel free to contact him with any comments or questions via his contact information at the end of the article.

 

— BL
 

 

Breaking Up

By Edward Bonner


Thank God for sealed windows and NY scaffolding. 
 

What a mess. Not even 24 hours had passed since tariffs took effect and Trump was already reversing course. But not before he tweeted: “THIS IS A GREAT TIME TO BUY!!! DJT”… Four hours later, the White House announced a 90-day pause on reciprocal tariffs… 
 

Now, if I’m a sovereign wealth fund or a foreign central bank, I might also take a second to pause and reflect on what… just happened. 
 

This is not the kind of behavior you might expect from a reliable and trustworthy partner. 

Click here to read the rest of the article...


P.S. If you need help with managing your portfolio of mining equities, please reach out for a free consultation.
 

Edward Bonner
Investment Advisor, Geologist
 

Sprott Global Resource Investments Ltd.
1910 Palomar Point Way, #200
Carlsbad, CA 92008
 

Interested readers can contact me directly via email at ebonner@sprottglobal.com

 

Important Disclosure
 

Relative to other sectors, precious metals and natural resources investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations.  Risks related to extraction, storage and liquidity should also be considered.
 

Gold and precious metals are referred to with terms of art like store of value, safe haven and safe asset. These terms should not be construed to guarantee any form of investment safety. While “safe” assets like gold, Treasuries, money market funds and cash generally do not carry a high risk of loss relative to other asset classes, any asset may lose value, which may involve the complete loss of invested principal.
 

Past performance is no guarantee of future results. You cannot invest directly in an index. Investments, commentary, and opinions are unique and may not be reflective of any other Sprott entity or affiliate. Forward-looking language should not be construed as predictive.  While third-party sources are believed to be reliable, Sprott makes no guarantee as to their accuracy or timeliness. This information does not constitute an offer or solicitation and may not be relied upon or considered to be the rendering of tax, legal, accounting or professional advice. 

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GNL Admin2025-04-28T20:20:10+00:00April 28th, 2025|

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