Rare Gold Stock Opportunity, Platinum Profits, & Mining Insights with Portfolio Manager Sam Broom

Sam Broom from Sprott Asset Management discusses market volatility, client psychology, and investment strategies within the precious metals and resource sectors. He attributes a recent market crash to a combination of factors, including leveraged positions in China and the surprise nomination of Kevin Walsh at the Fed. Broom emphasizes the importance of diversification, even within the commodity space, citing his investments in energy as a buffer against precious metals volatility. He notes that current client sentiment is cautious, with an absence of euphoria, and sees the mining cycle as being in its fourth inning. Broom expresses bullishness on platinum due to favorable supply-demand fundamentals, while also sharing insights on niche metals like nickel and vanadium, and oil and gas.