Performance profile: Sprott strikes gold


Sprott Asset Management has a pretty depressing view of the world, but that shouldn't bother the Toronto-based firm's investors. Eric Sprott's grim predictions - that oil production is at or near its peak, that paper currencies are less dependable than gold and that the U.S. stock market is in a long-term decline - have led to outstanding returns.

Year-to-date through March, the Sprott Offshore Fund, a multistrategy fund with a focus on energy and precious metals, is up 19.79% net of fees, following a 14.26% return for 2005, 28.22% for 2004, 10.81% for 2003 and a stellar rise