I had the opportunity to catch up with Steve Todoruk, whom you all know. Steve gave me a very valuable update on my mining portfolio. I encourage you to watch this and contact me, or Steve directly, with any questions. Please note that this is a private conversation intended only for the original recipient list. I request that you please do not share. Click to play video: Steve Todoruk …
Read MoreUpdate: Steve Todoruk
Dear Investor, I had the opportunity to catch up with Steve Todoruk, whom you all know. Steve gave me a very valuable update on my mining portfolio. I encourage you to watch this and contact me, or Steve directly, with any questions. Please note that this is a private conversation intended only for the original recipient list. I request that you please do not share.
Read MoreEvent: The Rule Symposium on Natural Resource Investing
Dear Client, The Rule Symposium (formerly the Sprott Symposium) will be taking place online, July 15-17. We have a number of excellent speakers lined up, including the CEOs of major junior mining companies and several best-selling authors. If you would like to attend as my guest, please use the attached VIP link. I hope to see you there. Best regards, Albert ps. If you cannot attend you can still watch…
Read MoreLetter to Clients: New information on de-linking your account
Dear Client, Some of us, including me, have experienced difficulty de-linking our accounts from Sprott Asset Management because we submitted an old form to Interactive Brokers. If you are among the effected, please resubmit your request (by email) using the updated form below. Please don’t forget to include a copy of your government ID. DELINK form 6-10-21 Requests to de-link are processed over the weekend. Please contact me with any…
Read MoreLetter to Clients – June 2021
Interactive Brokers has provided a new form to request de-linking from the old financial advisor. Please use this form if you have not yet de-linked your account. DELINK form 6-10-21 Dear Investors, I’m happy to inform you that preparations for Luma Financial are moving along nicely. At this time, I encourage you to de-link your Interactive Brokers account from Sprott Asset Management but submitting the attached form directly…
Read MoreMarket Commentary – May 18, 2021
May 18, 2021 US INFLATION RISES TO 13-YEAR HIGH Recent headlines are all about the rise of inflation, and I don’t expect it to stop anytime soon. Here are just a few headlines from the last 24 hours. https://www.wsj.com/articles/inflations-magic-number-is-four-11621355006 https://www.bloomberg.com/news/articles/2021-05-17/inflation-rate-2021-and-shortages-companies-panic-buying-as-supplies-run-short https://www.ft.com/content/9935be40-d041-4b7d-acac-4d86f3c25100 https://finance.yahoo.com/video/going-see-higher-inflation-numbers-192846353.html https://finance.yahoo.com/news/home-depot-q-1-sales-and-profits-lifted-by-skyrocketing-inflation-182424800.html It seems the nonstop monetary stimulus, which accelerated during the pandemic, has finally caught up with us. Recent data confirm the U.S. rate of inflation rose to…
Read MoreLecture: The Big Economic Picture by David Stockman
April 29, 2021 Virtual Conference: Robinhood, Reddit and The Rise of the Retail Investor About David Stockman David Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year…
Read MoreLetter to Clients – May 2021
Dear Valued Client, First, thanks for being such a great client. It’s been a true pleasure working with you, and I am so glad you will be joining me at my new firm. This email will outline the steps we must take. I will do my best to keep the transition simple and hassle free. STEP 1 – Terminate Advisory Contract With Sprott Asset Management The first step is to…
Read MoreWelcome to Luma Financial
Albert offers separate account portfolio management for high net worth individual investors. In building client portfolios, Albert aims for long-term success while minimizing short-term market volatility. He achieves this through a long-only, diversified strategy, which incorporates a wide range of asset classes, including equities, bonds, and precious metals. His opinions have appeared in popular news media, including MarketWatch, SmartMoney Magazine, The Daily Caller, and FOXBusiness.com. A proponent of the Austrian…
Read MoreBest Business Theme
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s. Lorem Ipsum is simply dummy…
Read More