Euro Pacific Asset Management, LLC

Background

Euro Pacific Asset Management, LLC is a registered investment advisor associated with Peter Schiff, a longtime advocate for hard-money economics and a vocal critic of dollar-denominated asset inflation. The firm is best known for its concentrated exposure to precious metals equities and royalty companies — a positioning that reflects Schiff's longstanding view that gold and silver miners represent undervalued stores of real wealth relative to fiat-currency-inflated equity markets. Euro Pacific is not a mega manager by AUM, but its niche conviction has attracted followers who share a skeptical view of mainstream monetary policy. The firm runs a focused book of roughly 70 holdings, with meaningful weight concentrated in the top tier.

Current Portfolio Signal

Euro Pacific's portfolio reads like a curated index of the global precious metals complex, but with sharper conviction than any passive product would allow. Agnico Eagle Mines (AEM) anchors the book at 8.6%, followed by Pan American Silver (PAAS) at 6.4% and Barrick Mining (B) at 6.3%. Franco-Nevada (FNV), a royalty name with lower operational risk, holds 5.9%. Collectively, the top four positions represent roughly 27% of the portfolio. Royalty and streaming companies — FNV, Royal Gold (RGLD) at 4.3%, OR Royalties (OR)…