This guy is hilarious - he sits there like the cat that ate the canary because he's got all these inflows coming into his underperforming fund. Look, this guy and others like him come out of the woodwork screaming buy when the big guys want to unload some gold and gold mining shares. These guys can't help it, they are talking their book.... in either direction. Gold is a commodity and gold is now selling at a premium of at least a 90% premium to its AISCP - period. That doesn't last long. Gold does often and usually trade at a significant premium to even the AISCP, but on the order of 25% to 50% - not almost double. When it's selling for double, they need more customers.
@@dwdelve - Wow - just happened to receive an alert on this comment and WOW - you are clearly the one who should confine her comments to whatever it is you are qualified to speak on - which is clearly NOT the gold market When I made that comment gold was at $2K and the GDX was at $40 - I'll let you do the simple math and then apologize.
@Broadsword Calling Totally agree about "telling the truth" to the general public. His Barrick investment currently looks weird. Its just 0,28% of BRK assets. Analogy: if you REALLY want to drink cause you;re thirsty and LOVE cocacola , do you drink just 1 gram of coca cola and say uhmm thats what i wanted to do? No, you drink the whole bottle. So, if Buffet analysis shows printing will send Gold much higher, why not allocating 1 or 2% to gold?
@Broadsword Calling Buffet holds 125 billion in T-Bills and US dollars cash. But only 0.6B in Barrick... 3rd Quarter will be key. Since gold was not rising much, I expect his gold allocation to be at least 1 billion, but even 10 billion will be extremely low, since what it is comparing to 125 billion in fully virtual assets? I'd say even bitcoin is safer, and i hate cryptos: in my opinion they are a complete delusion of the tech generation. Anything else would confirm what you are saying: its just Cabal sending clear signals, to avoid bad karma
Warren Buffett, along with his butt buddy Gates- ARE part of the Depopulation Agenda. "See's Candy"- HolySee Don't eat the chocolate! Don't be impressed by their fortunes- These people are so evil and corrupt you have no idea!!!
Thx Kerry. Excellent interview technique. Too many others interrupt, interject or fail to draw out the speaker. Rick is a beacon of clear thinking and makes his arguments well. Just wish Rick would get his camera auto-Fstop sorted out; every time he dims I think I am having TIA!
Any time I have the opportunity to listen to Rick Rule I take advantage of it. I always come away a better investor than before I started listening. Mr. Rule is an icon who always has something constructive to contribute to any discussion on resource investing. My advice: Don’t listen at your own peril. Knowledge is power.
"No Cure for Government"= Confer Gnome Overturn/Convergent Fore Mourn /Convergent Omen Furor/ Convener Morgue Front. need i go on? All of Ricks talk should be scrutinized closer- he is telling us what's coming.
if people REALLY knew how to listen- they'd pay attention to the Parables he speaks of- what is coming is death and destruction to all of us "Rip your face off" Believe me- Rick knows what's coming- he's trying to tell us- but they can only talk in Parables- the secret societies will kill you if you don't shhhhh
i often wonder what she wants ,the obvious way to effect climate change is depopulation so countries not sending aid to famine ,war zones ,floods and earthquakes and letting the 3rd world suffer is her ideal outcome?
@@stevenupton7825 She is just a kid used by the same old virtue signaling lefty university graduate and socialist to just tax more the corporations and individuals. Depopulation is probably the only outcome we have, either we do it intentionally or climate change will do it for us. I wonder if government was not that much up the economy's ass, if we would already have solution about it...
@@2nostromo I won't live of a farm, but will acquire enough riches to provide for my family, so gold, silver, nickel, money, video games, survival food and etc etc etc.
@@2nostromo I think the Wiki page is right or maybe even optimistic. Female babies have been killed on an industrial scale for decades and there are now huge disparities in the number of males and females in both China and India. All over the world families are getting smaller and all of Europe and most of Asia is now having children at below replacement levels. To maintain a population each family needs to have at least 4 children as there are so many issues that prevent a certain percentage of every population from reproducing. Even in Africa and the middle East families are getting smaller so even tho we cannot see it, the tide has turned on population growth and in some countries like China and Japan and Italy it will soon look like a funnel with rapidly decreasing populations.
I am about 95% sure that the U.S. has entered a decade - long Depression. We are already, and obviously, losing purchasing power. I would be happy to be wrong. However we are in a debt trap AND a political crisis. I hope we don't have a violent and complete destruction of society. I'm cheery.
@@Brandon_388 For uranium to rally, would require a general re-embrace of nuclear. I think that's the right approach for sustainable 24/7 energy, but most people don't, so it possibly might never happen. Gold has been rallying since 1970. It's up from $35/ounce to ~$2000/ounce in the past 50 years, which is roughly an 8.5% compounded rate of return over the past 50 years - not bad for something that can't go bankrupt nor default. For it to go hockystick, something really bad would have to happen to the dollar. History says that eventually the dollar will lose reserve status, and when it does, gold is likely to skyrocket. I would not be so bold as to put a timeframe on that. It might happen in the next decade, it might not happen in the next 100 years. But really, 8.5% compounded is a very good rate of return anyway, so it makes sense to hold gold for that reason, and as insurance against a rapid dollar collapse.
@@Brandon_388 I've been following Brandon Munro from Bannerman Resources and the famous John Borshoff who started Paladin Energy in Australia which was also mentioned by Rick in the interview. They're both saying the Uranium price will start to really take off within the next 12 months, so before 2022.
@@eventhisidistaken nuclear energy does not have to be popular for the uranium price to rally. It is simply supply and demand fundamentals that will drive the price up as Rick Rule has mentioned. China and India are building reactors like crazy and many more are planned, all the while the uranium supply is shrinking, not to mention the two largest suppliers in the world, Kazatomprom and Cigar Lake mine were shut down for a large chunk of this year. The coming uranium bull market will make the current precious metals bull market look small in comparison.
Over the last ten years, I've watched various Rick Rule videos and he seems to give this same talk each time. Perhaps finally, uranium will rise. As for this video, let me say that Kerry Stevenson is more than cute.
@@lith1156 The problem is, for the ten years you've been waiting for the uranium bull market, you could have invested elsewhere and made substantial returns. There is a difference between conviction and stubbornness.
@@geofromnj7377 I get that, but it's also being said in hindsight. Let's assume he were to suddenly change his stance and say uranium's a dead market, and then it goes on a big rally, he'd be looking even more foolish had he not kept his initial stance. And like he said, noone should be going all in on one instrument anyway, at least if they are somewhat risk averse
rick had no opinion on VEDL they are a top 10 silver miner, he also describes russia as political risk , name a country that is nt, RIO.L lost a great CEO cos of snowflake politics in australia
Thanks good information you are on track You and pavil Conrad are really helping beginners stand to their feet you teach pavil helps beginners master the market and also he profit on their behalf I am among his student nice an it have Been grate .keep on making fire videos . Yeah
What about Kazatomprom. I think they have low cost and and are the largest supplier. Can't they keep making it, gain marketshare, and put everyone out of business at today's low prices?
Rick, what about Affinity Metals? 85% owned by insiders sitting on a huge gold deposit with only a 17million market cap. Totally uncovered by the gold community.
Feb 28/21 - In a press release, Sprott announced Rick Rule will retire from his senior managing director role at Sprott Inc.; President & CEO, Sprott U.S. Holdings. Rule will continue to serve as a director at Sprott and will play "...an ongoing role in the management of certain Sprott investment strategies."
Got to hand it to you Rick; you do attract a wide range of people. From disciples to doubters, well-informed, seeking to be informed, uninformed who will always remain so, and outright lunatics.
The Intelligent Investor (By Graham and Dodd if I recall correctly), is the book that Warren Buffet recommends too. Interestingly Ben Graham was one of Buffet's college professors.
When I listen too Rick I am always blessed by his wisdom.listening to him and acting on it is the opposite to listening to politician's and acting on it. Bless you Rick
Interesting, till Rick promotes Uranium to invest in. Remember Rick Fukushima. How many of your family members and mine will die from this disaster. Yes it's hated for many humanitarian reasons. Thorium as an alternative with out toxic waste is a great opportunity overlooked. Rick I question your morality.
Resources analyst Lobo Tiggre (aka Louis James) analyses uranium companies. He has a free report called My Take on 15 Uranium Companies Today that looks at some the best companies and is a good starting point. independentspeculator.com/special-report-my-take-on-15-uranium-companies-today. I'd say that all or most of the 8 are included here.
Rick is so right in pointing out what they (the Fed) say and what they do are different. January (4th?) 2019 is a perfect example - and one that cost me money.
Resources analyst Lobo Tiggre (aka Louis James) analyses uranium companies. He has a free report called My Take on 15 Uranium Companies Today that looks at some the best companies and is a good starting point. independentspeculator.com/special-report-my-take-on-15-uranium-companies-today. I'd say that all or most of the 8 are included here and many of the 20.
@@SavDog262 It's always good to have a mix. Those most likely to get into production most quickly on the back of sufficiently high prices are likely to be the first beneficiaries and are the least risky. Ones I like, and hold, are Energy Fuels inc., Uranium Energy Corp., and Ur-Energy Inc. Further off production but a very good bet is Global Atomic Corp. Precious metals royalty companies have performed extremely well over the years, so I expect the sole uranium royalty company to also do very well -- Uranium Royalty Corp.
@@resourcesspeculator4866 Yes, I will likely buy UEC next, as I have one of Admir's other PM projects which is doing pretty well. Rick speaks highly of him as a CEO.
Ben Grahams book is one of the most important books on investment. I have learned that often making a decision on a company to invest in may take years to see the expected results and patience is the order of the day but the pay off can be substantial. Otherwise your simply speculating.
You can find the audio book version for free here on RU-vid - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-mTO8tm77LTE.html .It's being read by an AI, very robotic but did I mention it is Free.
This conversation is becoming very relevant all of a sudden....even more than 11 months ago. Crash close...maybe early 2022? It's surely when iso2022 for digital currencies are implemented. Silver and gold will most certainly be the real hedge and in saying that I'm a crypto trader...take what you will but the future looks grim
"Gold moves for fear. A particular fear. Not fear of nuclear war." Ironic. Do you all think that a year ago he could imagine that's the very real fear moving Gold now lol?
Question for Rick Rule (or anyone else): Uranium underwent a bull market in the early 2000s until 2007. It was first derailed by the financial crisis, and started to rise again rapidly up to 2011 - when Fukushima happened. What would the uranium market - and mining - look like today if Fukushima never occurred?
Precious metals will rise but we have to see US dollar declining and inflation worries increasing. Royalty companies like VOX royalty, Wheaton, Royal Gold are on the up since June
Good video, but anyone else distracted by the constant light changes in Rick's video? For how much money he surely has, you figure he'd buy a better webcam!
Gold is the elites currency. Silver is for the common individual. Chris Duane's Silver Shield has the best coins and bars in the entire precious metals industry.
It's all gambling. If you do read the prospectus, they are written in a way to reduce clarity in the material being consumed. So whether you read the prospectus or not, it's still gambling. Reading about the company from outside sources or following a trend seems to be the better way to invest/gamble.
You dont get in to mafia and then go to retirement getting out of it , you dont get out . And this guy told you hes out , hes still pulling your leg just like FED chairman , you never get out except as a corps
