
Sprott Q1 Precious Metals Report
Gold's Strength Amid a Crisis of Confidence
Gold's record-breaking rally in Q1 2025 reflects mounting investor anxiety over stagflation, policy volatility and a fraying global economic order. U.S. tariffs and policy unpredictability have elevated the risk of stagflation, fueling demand for gold as the lone liquid safe-haven asset. We also believe silver is potentially poised to break out.

Sprott Webcast Replay
A Closer Look at Gold and Silver, Metals and Miners
Gold and silver provide a powerful blend of potential wealth preservation, inflation mitigation and portfolio diversification. This webcast provides insights from John Hathaway and Maria Smirnova on the key technical drivers influencing gold, silver and precious metals mining equities.

Shifting Energy
Global Trade Wars: Unraveling the Impact on Critical Materials Markets
In this episode of Shifting Energy, Thalia Hayden interviews Steven Schoffstall, Director, ETF Product Management at Sprott Asset Management about how the global energy shift and market volatility are impacting precious metals and critical materials. Schoffstall provides valuable insights into what's happening with gold, silver, uranium and copper.

Interview
Trump Tariffs: Disruption or Opportunity?
Are tariffs set to disrupt gold, silver and uranium markets? Find out how potential trade barriers could impact prices and create arbitrage opportunities. Kitco’s Senior Mining Editor and Anchor Paul Harris interviews John Ciampaglia, CEO of Sprott Asset Management, at the 2025 BMO Global Metals, Mining & Critical Minerals Conference.

Special Report
GBUG and The Case for Active Management
Sprott Asset Management has launched GBUG which seeks long-term appreciation through value-oriented, contrarian investing. Sprott's active management team looks to capitalize on the wide dispersion of returns within the mining sector and the potential for silver to catch up to gold's rise.

Special Report
Top 10 Themes for 2025
What forces will shape the markets in critical materials and precious metals in 2025 and beyond? We identify 10 critical macro and market themes investors should watch in the coming year.

Sprott Gold Report
Recalibrating Our Crystal Ball
Gold was a strong performer in 2024, gaining 27.22% to end the year at $2,624.50, fueled by geopolitical tensions, central bank purchases and bond market struggles. These strong gains occurred with negligible participation or interest from investors in North America or Europe. Key catalysts for a gold rally could include stock or cryptocurrency downturns, bond market disruptions or a U.S. dollar reset.
Important Disclosures
An investor should consider the investment objectives, risks, charges, and expenses of each fund carefully before investing. To obtain a fund’s Prospectus, which contains this and other information, contact your financial professional, call 1.888.622.1813 or visit SprottETFs.com. Read the Prospectus carefully before investing.
Exchange Traded Funds (ETFs) are considered to have continuous liquidity because they allow for an individual to trade throughout the day, which may indicate higher transaction costs and result in higher taxes when fund shares are held in a taxable account.
The funds are non-diversified and can invest a greater portion of assets in securities of individual issuers, particularly those in the natural resources and/or precious metals industry, which may experience greater price volatility. Relative to other sectors, natural resources and precious metals 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.
Shares are not individually redeemable. Investors buy and sell shares of the funds on a secondary market. Only market makers or “authorized participants” may trade directly with the fund, typically in blocks of 10,000 shares.
The Sprott Active Gold & Silver Miners ETF and the Sprott Silver Miners & Physical Silver ETF are new and have limited operating history.
Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott ETFs. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member. ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.