We dont spam! Hopin is your source for engaging events and experiences. Did I fail to ask an important question? It involved oil, and not uranium, but it was a good example nonetheless. What do you do to distinguish between them today? Last year, Rick Rule, well-known mining investor and President and Founder, Rule Investment Media, said the easy money in uranium had been made. Fancy an espresso machine once used by Twitter employees? Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny . So that whole category interests me. There are five factors (Federal liabilities, credit risks, money printing, negative interest rates, dollar confidence) that cause Mr. Rule to believe that we are in a new gold bull market. We have also experienced a dramatic thinning of the number of uranium companies from a high of 500 down to around 25, which I think is interesting. Rick Rule discusses the arbitrage between the biggest streaming companies and the largest base metals companies. That really depends on your point of view. Editor's note: Clearly, there are many strange things afoot in the world. Ownership of Top Picks: 100.00%. Rick joins us today to discuss rising oil prices (0:58), the potential for future rate increases (2:35), and the use of helium in small modular reactors for energy generation (4:30). For instance, indeed the comment for Paladin Energy isn't up to date anymore! 49 likes 6 comments. Reality often varies from peoples expectations. It looks like uranium is never going to come back, but it will for all kinds of reasons. Morning Update again. Hopefully he starts disclosing some of his positions in a month or so. The president and CEO of Rule Investment Media and the chair of Equinox Gold joins Harry Melandri to talk about why hes turning his focus to uranium. Dividend Earner would like to remind you that the data contained in this website is not necessarily real-time nor accurate. It doesnt seem an optimal use of capital to buy them all this time around. Going into the last bull market in uranium, there were 5 uranium juniors that had survived a 20-year bear market. All Rights Reserved. In the circumstance that were in in 2018, there are probably billions of speculative dollars controlled by people who participated either directly or vicariously in the last bull market, and I guarantee their memories are still fresh. The information you requested is not available at this time, please check back again soon. With all the volatility we have seen in the past 3 years, BRI's home exchange is down 70%, while BRI during the same period has seen a decline of 33%. Im very confident of it because all the worlds governments have been creating trillions and trillions of currency units since the crisis started in 2007. Lessons from the Masters: Where is market mover Sprott spreading its cash on the ASX in 2022? TIMESTAMPS:00:00 Important notice02:00 Shameless self promotion02:35 Cameco, Kazatomprom, China General Nuclear04:30 Uranium Participation \u0026 Yellow Cake07:50 Ur Energy Stock10:05 Peninsula Stock11:10 Goviex Stock12:09 Bannerman Stock13:00 Boss Resources Stock13:50 Deep Yellow Stock14:35 Baselode Stock15:30 Fission, Denison, UEX19:00 NexGen Stock22:25 Iso Energy Stock23:00 CanAlaska StockPlease understand that both me and Rick Rule have large incentives to see an increased interest and increased buying of these stocks, as that would increase their per share price, and given that, either me or Rick, own some of them, that could result in a financial stimulus for us to have a rosy view on them.In other words: The people talking in this video are biased on the stocks they're talking about because they likely own shares in them. The limiting factor, however, is that I ask individual retail investors to limit the number of companies in their portfolio to the number of hours per month they are willing to spend on research and knowledge maintenance. Your email address will not be published. These rankings are numerical, 1-10, with 1 being best. What we offer. Not being able to decide among them, you decided to buy them all. Pic: Rule Investment Media/ Getty Images, Stockhead. So he simply bought every US stock that was selling for less than $1. Nobody cared about uranium. Is it going to primarily be supply destruction or demand creation? So what made you so confident about it? The critical question is really the pace of Japanese restarts of their reactors. Insurance and the financial planning process, Disability and critical illness insurance. LOTs 43.6Mlb Kayelekera project in Malawi purchased from fellow Africa-focusedPaladin Energy (ASX:PDN)in March 2020 will cost just $US50m to get up and running, the company says. Through our team of resource specialists and a commitment to customer service, we assist our clients in creating a personalized resource "backbone" to their overall investment plan. Note that those rankings are not updated daily. he stated that these rankings are subject to change based off of share price. Why do mining legends Rick Rule, Doug Casey, and Marin Katusa obsess over uranium when it is such a small component of the commodity market?Billionaires Mark Cuban and Robert Friedland have their chips stacked in the trade. New members should take a look into the NEW INVESTORS STARTING POST. If a manager was speaking in here, beware. He believes that to be very bullish over the long term and remains invested in uranium stocks, although he alleged to already have taken some profits in an effort to de-risk his position. And when the Japanese shut down their nuclear fleet, what had been inventory became supply. Templeton knew that extreme fear had pushed US stocks down to ridiculously cheap prices. As you restart the Japanese nuclear fleet, first of all, you burn more and more uranium. Nick Giambruno: It sounds like a contrarian investors dream. {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. Mr. Pattanaik is an employee at Sprott Inc. and was a Geoscientist with Royal Dutch Shell before joining my team at Sprott. So were back to the same conundrum that we were at in the late 1990s. Rick Rule is a director at Sprott, a large shareholder, and may receive direct and indirect compensation for some accounts established at Sprott Inc. Because I've no idea what I'm doing and I'd like to learn first. Rick Carlisles full answer on his concern level about Rick Riordan appreciation post from someone who hasnt Get ready for the next step of this commodity supercycle! The Most Dangerous Event of the 21st Century, Join an Elite Group of Freedom Seekers, Investors, Adventurers, and Speculators, Making the Most of Your Personal Freedom and Financial Opportunity Around the World, Doug Casey and David Stockman's Contrarian Insider, Decline of Empire: Parallels Between the U.S. and Rome, Part III, Carbon Credits Are the Biggest Scam Since IndulgencesHow You Can Avoid Being Fleeced, David Stockman Reveals What Inflation Would Look Like in a True Free-Market Economy. So now is when you buy. Read our privacy policy for more info. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. You can see a breakdown by market cap too as stock selection by market cap is also a skill. JMM INC, Resource Talks. In a September 1 interview - prior to the latest share price explosion - Rule says he timed the market badly. And the only substance that you can store sufficiently to power an industrial economy like Japan is uranium. The conference and full interview can be viewed here. Instead, because of speculative fervour, the junior uranium market exploded upwards. Hi there, Youve done a great job. You can see a breakdown by market cap too as stock selection by market cap is also a skill. Thats what my friend Rick Rule, CEO of Sprott US Holdings, once told me of his experience in the uranium market. Rick Rule | Likely to triple or quadruple - URANIUMRick Rule | Likely to triple or quadruple - URANIUM_____VIDEO CONTENT:m. 2022 Foxiz News Network. Why? I was disappointed, but not surprised. In fact, people hated uranium. Did I fail to ask an important question? investments, And todaynearly 20 years lateruranium is right back at the same position in the cycle. Given that Kazatomprom has underperformed its peers and even the ETF in the last six months, I had to ask him about that as well and he said Absolutely, when I asked him in KAP is still his favorite risk-reward play. investment, Nick Giambruno: Doug and Rick, thank you for your time. New reactor construction worldwide is taking place at an absolute record pace. When it comes down to picking exploration stocks, Rick told me that you make money by employing new ideas in old places or old ideas in new places, but never by employing old ideas in old places. Nick Giambruno: Doug, when we were in Vancouver, you mentioned that uranium is your top pick right now. Shortly said, yes. Last year Rule retired from executive and management roles at Sprott. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. So it was a really excellent pick. Rating Card. Up to you, of course, I'm not a financial advisor. Doug Casey: Well to start with, its perhaps the most political of all commodities, even more than gold. To both. It kind of reminds me of the story of legendary contrarian John Templeton back in the late 1930s. But look, you had to like uranium for all the technical and scientific reasons, and you had to like it because nobody even knew or cared that it existed. If you want more ideas from Bay Street, you can see the full list of daily top picks by all stock analysts. Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Meanwhile, stocks are in a bubble. Palisade's top 3 uranium stock picks for 2017 Feb. 7, 2017, 3:16 PM / Uranium Stocks TOPICS - Palisade Research - Uranium. So the industry makes the stuff for let's say $50, to make the math simple, and they sell it for $25, to make the math simple. Rick Rule talks with Maggie Lake on the My Life in 4 Trades Podcast about his incredible natural resources trading career. It's under the tab "Guide". Performance details for the top picks by Rick Rule. Jennifer Jones Lee hosts your Friday morning Wake Up Call! For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. The president and CEO of Rule Investment Media and the chair of Equinox Gold joins Harry Melandri to talk about why he's turning his focus to uranium. Cookie Notice This where the psychology of investing comes into play. JMM INC, Resource Talks. Its worth noting, if my memory serves me well, that the worst of those five went up 20 to 1 in the ensuing bull market. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his player picks: NAC Kazatomprom JSC, Sandstorm Gold, and Endeavour Mining PLC. Some veterans of the last bull market were waiting for uranium companies to fall to real liquidation levels in 2020 and 2021. Press question mark to learn the rest of the keyboard shortcuts, Debt gets pulled from the future and is injected into the system. Rick Rule. Supply destruction is also taking place as we speak. For example, while NexGen has a deposit that will likely turn out to be the most important uranium mine by the time I'm Rick's age (or even sooner), the deposit is \"450 km from anywhere\". Honeymoon is set to operate for an initial life of 11 years, with an IRR of 47% at a uranium price of US$60/lb. Acquiring their smaller, less liquid competitors. We can recognize it intellectually, but emotionally its hard to put the theory into practice, and now is one of those times. You have to go where things are cheap. Year-to-date uranium bellwether . I don't yet have this, and if I manage to build it, it would be in a demo portfolio - not with real money. If you have the ability and desire, you can support my work here:https://www.patreon.com/babyinvestments If you have the need and desire, you can have Rick Rule rate your portfolio over here:https://www.sprottusa.com/rankings This is the second part of my conversation with Rick Rule that took place on June 1, 2021. Its important to note that Japan has had a policy of energy security since the Arab oil embargo in the early 1970s. Today, the total cost of producing a pound of uranium is between $55 and $60. Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. Video There's many valid, objective reasons to do it, and not so many reasons not to do it (I can't think of a valid one). Is it Time to go All-in on Uranium Stocks? So its an emotional and political thing. Those are the only two choices. Subscribe for a weekly newsletter in which different experts cover uranium, silver, gold, and graphene news & charts, in addition to giving updates on individual companies in those sectors. Unsubscribe whenever your want. So very quickly you sterilize, from the markets perspective, the overhang. The precious metals bull market will continue, given quantitative easing, government debt and deficits, and particularly negative real interest rates. Rick Rule on the coming commodities supercycle: Demand will exceed supply for these metals. Check your inbox or spam folder to confirm your subscription. Email Lists However rapid price declines in the juniors have made them relatively attractive, particularly for accredited investors who can take advantage of increasingly attractive private placement financing terms. Your email address will not be published. Rick Rule, Frank Holmes, Brent Cook and Peter Spina shared their top stock picks at this year's Vancouver Resource Investment Conference. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. And it was hard to have better timing. Canadian investors should continue wayoverweight in the high-quality Canadian oil and gas sector. Rick Rule on Uranium & Platinum Stocks in 2022. Rick Rule: Well its actually eerily similar. You had to like it because there were only about five uranium mining companies in the world at that time. We participated in a $0 . I continue to be very attracted to conventional oil and gas, particularly in Canada where popular sentiment appears to be in favour of reversing Ottawas own goal policies with regard to Canadas energy industry. Resource markets continue to be very soft, providing opportunities for value-oriented resource investors and speculators. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. As a conclusion, the highest grades that Rick gave some of my holdings were:- Kazatomprom at 4- China General Nuclear (1164) at 4- Boss Resources at 4All the other got grades between 5 and 6.
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