Special Edition: Rick Rule Discusses Plan for $898-million Hostile Takeover bid! – 05/06/15

Collin Kettell May 6, 2015
Category: Palisade Videos

Near the end of April, Sprott Asset Management LP announced plans for a $898-million hostile takeover bid for Central GoldTrust and Silver Bullion Trust. The offer would involve trading units of the target trusts for units in Sprott’s trusts, all on a one-for-one, net-asset value basis.

We asked Rick Rule, CEO of Sprott US Holdings, to join us once again for a Special Mid-week Edition of Palisade Radio. Not only did we want to learn more about the takeover bid, but though prudent to use this as a time to learn about the pros and cons of investing into a tradable gold and silver bullion trust.

In this Special Edition, find out –

● The advantages to purchasing your metals via a trust, rather than taking physical possession

● Rick’s case for why the Central Trust shareholders should choose Sprott

● The difference between a certificated bullion and redeemable bullion trust

● Why its crucial to store large amounts of precious metals professionally

● How NATO assures that your gold with Sprott stays safe!

Did You Like What You Read? Get Our Free Exclusive Content
Enter your email below and you'll receive our 'Weekly Palisade Newsletter' covering Contrarian Ideas and Macro-Situations that the mainstream financial media ignores. You'll also get our Top Investment Ideas and Asymmetric Trading Opportunities right when we find them...
Don't worry - we respect your privacy

Get our Research for FREE