Kenton Ralph Toews
Kenton is an advocate of free markets and the principles of Austrian economics. He believes we are living through the end of the fiat monetary system because interest rates are at historic lows and even defying logic by going negative. The manipulation of interest rates is distorting all markets around the world and is sure to end badly for those who aren’t prepared when rates eventually start rising again. When interest rates rise it will force all the leverage in the system to unwind and any assets tied to debt will go down with it. Therefore he views preservation of capital of utmost importance, not only to preserve ones wealth, but to ultimately increase it. The deleveraging process will create tremendous buying opportunities and only those with capital will be able to take advantage of it. In the meantime, this low interest rate environment is creating fantastic speculations for us to take advantage of.
Kenton grew up in Alberta, Canada. He has 10 years of experience as a petroleum engineer in the oil & gas industry. He graduated in 2002 with a B.Sc. in Mechanical Engineering from the University of Calgary. After finishing school he worked in the oil fields of Northern Alberta and British Columbia. This led to postings in Australia, Yemen, Libya, Turkey, and Cuba. Prior to joining Sprott Global, Kenton worked on a team alongside the Cuban government to drill extended reach horizontal oil wells and operate 10,000 bopd heavy oil production, with a $160 million annual budget
Kenton’s passion for free markets and investing resulted in him starting to sell gold and silver bullion in 2010. Shortly thereafter in 2011, he joined Sprott Global as an investment advisor. Kenton continues to sell bullion as well as stocks. He applies the same techniques in evaluating oil wells to valuing all resource stocks. Mining and oil & gas are both extractive industries and the valuation of the underlying companies are based on the same principles.
Kenton feels very strongly about making precious metals a core position in your portfolio for capital preservation and using resource stocks, in particular private placements, for speculative upside potential. He advises accredited investors with a minimum account size of $200,000.
Kenton is a Professional Engineer with the Association of Professional Engineers and Geoscientists of Alberta (APEGA), has a Series 7 license, Series 66 license, Canadian Securities Course (CSC), and completed Level 1 of the CFA program.