Global Trade Wars: Unraveling the Impact on Critical Materials Markets

In this episode of Shifting Energy (Season 2), Thalia Hayden @etfguide speaks with Steven Schoffstall, Director, ETF Product Management at Sprott Asset Management about the impact of global trade wars on critical materials like copper, silver and uranium.

Beyond today’s policymaking chaos, this episode analyzes the big picture energy transition. It also examines the latest supply/demand trends and which critical materials, from an ETF investment angle, might be best positioned to deal with higher uncertainty and market volatility.

Among the ETF strategies mentioned includes:

Sprott Active Gold & Silver Miners ETF (GBUG)
Sprott Silver Miners & Physical Silver ETF (SLVR)
Sprott Uranium Miners ETF (URNM)
Sprott Junior Uranium Miners ETF (URNJ)
Sprott Copper Miners ETF (COPP)
Sprott Junior Copper Miners ETF (COPJ)

To learn more, read the disclosure below and visit https://sprottetfs.com/ for the prospectus and more info.

*****

*Important Video Disclosures*
*An investor should consider the investment objectives, risks, charges, and expenses of each fund carefully before investing. To obtain a fund’s Prospectus, which contains this and other information, contact your financial professional, call 1.888.622.1813 or visit https://sprottetfs.com/. Read the Prospectus carefully before investing.*

Exchange Traded Funds (ETFs) are considered to have continuous liquidity because they allow for an individual to trade throughout the day, which may indicate higher transaction costs and result in higher taxes when fund shares are held in a taxable account.

The funds are non-diversified and can invest a greater portion of assets in securities of individual issuers, particularly those in the natural resources and/or precious metals industry, which may experience greater price volatility. Relative to other sectors, natural resources and precious metals investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.

Shares are not individually redeemable. Investors buy and sell shares of the funds on a secondary market. Only market makers or “authorized participants” may trade directly with the fund, typically in blocks of 10,000 shares.

The Sprott Silver Miners & Physical Silver ETF is new and has limited operating history.

Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott ETFs. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member. ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.

© 2025 Sprott Inc. All rights reserved.

#uraniummining #stockmarket #uranium #nuclearenergy #electricity #commodities #preciousmetals #copper #silver #miningstocks #trading #goldstocks

The post Global Trade Wars: Unraveling the Impact on Critical Materials Markets appeared first on ETFguide.