Gold Bullion
As part of its wealth preservation and capital protection strategy, Sprott Resource Corp. has invested in physical gold bullion. 2010 was the tenth consecutive year in which the price of gold increased. The company expects demand for physical gold to remain strong throughout 2011 and beyond as investors continue to seek the security of gold bullion over fiat currencies. Sprott Resource Corp. currently holds 73,971 ounces of physical gold with a market value of approximately $105.6 million.
“Gold still represents the ultimate form of payment in the world.”
- Alan Greenspan, former Chairman of the U.S. Federal Reserve
