Rick Rule: When Gold Moves, It Really, Really, Really Moves!
Collin welcomes back legendary investor, President, and CEO of Sprott U.S. Holdings Rick Rule who says, “That business at Sprott has gone from improving to white-hot.”
Rick believes that interest in the juniors will return to the sector in a few months because the prices that will be paid for discoveries will be astronomical. The gold trade will gain strength because the dollar remains “The prettiest mare at the slaughterhouse” and since bond investors will continue to experience, “Return free risk!”
Rick is convinced that we will see “a rip your face off rally in oil and oil stocks… electric vehicles notwithstanding.”
Time Stamp References:
0:40 – How gold moves in a bull market.
2:05 – Outlook for juniors.
4:00 – Benefits of warrants.
7:10 – Shortage of money in exploration.
8:30 – Pattern of recoveries in gold sector.
11:45 – Why gold is really shining right now.
17:30 – Future expectations and the immediate past.
20:20 – Whats happening today in oil?
22:10 – Uranium outlook.
25:20 – Previous uranium cycle.
Talking Points From This Episode
- Physical gold is very much in demand.
- Juniors will seek financing this year.
- Get in position but don’t expect anything yet.
- The benefits of warrants.
- His outlook for oil and uranium.
Rick Rule has dedicated his entire adult life to many aspects of natural resources securities investing. In addition to the knowledge and experience gained in a long and focused career, he has a global network of contacts in the natural resources and finance sectors. As President, and Chief Executive Officer of Sprott U.S. Holdings Inc., Mr. Rule leads a highly skilled team of earth science and finance professionals who enjoy a worldwide reputation for resources investment management.
Mr. Rule is a frequent speaker at industry conferences and is interviewed often for radio, television, print, and online media outlets concerning natural resources investment and industry topics. He is frequently quoted by prominent natural resources oriented newsletters and advisories. Mr. Rule and his team have expertise in many resources sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. Mr. Rule is particularly active in private placement markets, having originated and participated in hundreds of debt and equity transactions with private, pre-public, and public companies.
Rick offers a free portfolio review if you visit https://sprottusa.com/rankings