Bad Junior Stocks & How to Avoid Mining Scams & Pitfalls. I was disappointed, but not surprised. Rick Rule and I talked about what's happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Rick's stance on platinum investing in 2022. Full podcast here. 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. So, Doug, why is uranium so volatile, and of course, how do we take advantage of that? The 2.45Mlb per annum yellowcake mine, which will cost around $113 million to construct and refurbish, will be just the third operating in Australia alongsideBHPs (ASX:BHP)Olympic Dam and the privately owned Beverley mine, also in SA. Thank you. . Yes, I'm just now publishing this second part because I'm an evil YouTuber who's after the ad money. Complete the form below and we'll send you Rick's Rankings of your . As you restart the Japanese nuclear fleet, first of all, you burn more and more uranium. I'll just sh. He focuses on sub $1,000,000,000 market . Renewed focus on decarbonization and high energy prices have rejuvenated the uranium sector. Please tell me about it. Three decades of underinvestment in natural resource productive capacity, supply chain concerns, as a consequence of war, and idiotic government policies around natural resource industries almost guarantee strong commodity pricing, albeit with a concern about recession-induced demand challenges. Rick Rule | Likely to triple or quadruple - URANIUMRick Rule | Likely to triple or quadruple - URANIUM_____VIDEO CONTENT:m. Tags: One thing that I would point out is that over the last 10 years, which have been very, very difficult years for companies in the . A veritable treasure trove of intelligence, all at no cost. Stay abreast of developments that impact the world in . You have to go where things are cheap. This field is for validation purposes and should be left unchanged. If you didn't watch the 2 videos I did discussing \"my perfect uranium portfolio\", you shouldn't because they weren't any good, but here's the gist of them:I want my uranium portfolio to look like this:30% Basics - Cornerstone (KAP, CCJ, CGN)20% Physical (UPC (soon Sprott physical, Yellowcake)20% Section 232 (Ur Energy, Energy Fuels, WUC, Peninsula)15%% Geo-political diversification (Goviex, Bannerman, Boss, Paladin, DeepYellow, GLO)10% Athabasca Basin (CCJ, Fission, Denison, Nexgen, UEX) 5% Speculations (Forsys, Marenica, Vimy)This is what my perfect uranium portfolio looks like. Despite the fact that we dont like uranium, uranium is about 15% of US baseload power, and its about 65% of non-carbon-generating US baseload. It doesnt seem an optimal use of capital to buy them all this time around. Rick Rule: Well its actually eerily similar. You can see a breakdown by market cap too as stock selection by market cap is also a skill. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. Its simple logic as far as Im concerned. Im sure they will be benefited from this site. Video Uranium Daily 2023. And public participation when the price didnt have to rise anymore was incredible. Doug Casey: A contrarian is somebody whos running against the crowd. Rick Rule being Rick Rule. Supply destruction is also taking place as we speak. You cant store enough coal. Finally, precious metals stocks are attractive, given their pathetic market performance, the spectre of inflation and very deep negative interest rates. Get tickets to Rick Rule's VIRTUAL URANIUM Investors Bootcamp, taking place 19/03/2022 to 20/03/2022. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Email Lists 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. Check your inbox or spam folder to confirm your subscription. So it wasnt just they were bored with it, which is what you look for as a contrarian. However, Rick Rule is currently very bullish on uranium and believes that the tourists have left the space, so its time for the next leg up. That is in the speculators memoryat least the rich speculators memorythe last bull market in uranium is still strong. Performance Analysis. Click here to download it now. has Rick Rule sold his uranium stocks or is he buying? 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. Very cool, thanks for sharing your interaction with a great mind! again. Rick Rule on Uranium & Platinum Stocks in 2022. See our PDF guide that will show you exactly how. Uranium was really the perfect contrarian material in the late 1990s. The other thing that goes to your contrarian point, Nick, is that when the price of uranium was $8 a pound and the cost to produce it was $20 a pound, the investment thesis was either the price goes up or the lights go out; those were the only two choices. Youve successfully subscribed to Uranium Daily. They actively hated it, which is how I knew that I was pretty lonely in this thesis and therefore likely would be rewarded if I were right. How sociopaths overran the Land of the Free and what theyve got planned for it next. But I wouldn't be surprised at all to see it free of enCore. And that story about you buying all the uranium juniors in the late 1990s reminded me of that. GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash . Its a pico-cap market. . BRI since its first day of trading in 2011 has added several gold projects, acquired another gold company, and now has 4 million ounces of . Valuation. However, I think that investors as usual have taken a very short-term view, which I think is incorrect. Performance details for the top picks by Rick Rule. Ownership of Top Picks: 100.00%. Was there something wrong with what the guest said? They lose $25 a pound and do it 100 million times a year. Shortly: you will lose all of your money if you listen to talking heads on the internet. Thats an unbelievable number, quite frankly. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. 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. So what made you so confident about it? Holtec claims SMR-160 can repurpose any coal-fired plant How about we put together an explorers only project. Its a very emotional thing. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his past picks: Equinox Gold, Sovereign Metals, and Centaurus Metals. The Lundin family rarely lose money. I believe that investor education and outreach are the most honest and effective forms of advertising, and marketing. . "An easier investment themewould be copper. Managements like over-promising and under-delivering. Do remember that these grades are one person's opinion and shouldn't change yours. There are certainly Australian listed companies Lotus, Paladin, Boss, Deep Yellow that I think are excellent speculations.. The information you requested is not available at this time, please check back again soon. " 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. "I had expected the market to be flat. Maybe not, but investors who are confident of the uranium bull market thematic should hold their nerve. Fast-forwarding to today, in the 20 or 25 companies that either are or allege to be in the uranium business, there is still an unusually-high proportion of good management teams relative to numbers of listings, at least if you compare it to the rest of the mining sector. I've given out less than a dozen "one" rankings in three decades of analyzing resource stocks. Get the latest stock news and insights straight to your inbox. There is not a shred of historical evidence that the US economy needs a 2.00% inflation guardrail to thrive, or any fixed rate of inflation at all. Rick Rule talks with Maggie Lake on the My Life in 4 Trades Podcast about his incredible natural resources trading career. Rick is presenting at the Rule Symposium Natural Resource Investing conference Jul 26-29 Boca Raton, Florida. Youve successfully signed in. . I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. Rick Rule, Frank Holmes, Brent Cook and Peter Spina shared their top stock picks at this year's Vancouver Resource Investment Conference. Previously, Rick thought uranium and uranium stocks had gotten out of hand and ran ahead of themselves. I find Rick Rule's ratings to be honest, since they corollate with my own appraisal of the companies' balance sheets. Doug Casey: Well to start with, its perhaps the most political of all commodities, even more than gold. I suspect that if you buy the best five namesof course depending on how you do that allocationthat you would do quite well in the uranium space now. Leading up to the first Great Depression, those in the financial sector had become unusually creative. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his top picks: Africa Oil, G2 Goldfields, and Reunion Gold. Save my name, email, and website in this browser for the next time I comment. What does he mean with "Consolidator" regarding Denison and deep yellow? Now: $4.54. Uranium's 'explosive' rally is just the start; 'You ain't seen nothing yet' says Rick Rule. So what exactly is a contrarian? And so, at the peak, the statistical probability that your company was run by a competent team was really a function of the equation of taking the number of competent teams, 15, and dividing that by the number of aspiring companies, 500, which is statistically really bad odds. Therefore Dividend Earner doesn't bear any responsibility for any trading losses you might incur as a result of using this data. 00:00 important warning01:10 Are uranium stocks done crashing?06:25 Will the uranium equities outperform the spot price over the long term?11:30 Are the largest gains in uranium stocks still ahead of us or are they behind us?15:10 Are we in the 6th inning with uranium stocks?18:30 When does Rick Rule go all in?24:00 When will Rick Rule sell all of his uranium stocks?27:45 How does Rick Rule value uranium exploration stocks?35:00 Is Kazatomprom still the best risk-reward in uranium?39:00 Does sentiment in uranium matter to Rick?42:00 What matters most in uranium today?44:00 Is Rick still bullish on platinum?46:40 Is oversupply an issue for platinum?48:30 How would Rick Rule approach platinum investing?50:00 Which jurisdiction makes sense for platinum investing?52:00 Rick Rules holding a symposium. DISCLOSURE:Please note that I may have a position in one or many of the holdings listed. So it was a really excellent pick. Read our privacy policy for more info. It's free. As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. 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. Hopin is your source for engaging events and experiences. The whole point of shining a light into the gloom is to avoid having it end in doom. Ruby Design Company. I'm uploading it now, because as I said I'm evil, and also because it takes time to edit, etc. GOOD VIBES ONLY No. What we offer. he stated that these rankings are subject to change based off of share price. Then you have the Greens that hate nuclear, when in fact they ought to love nuclear. By Patrick Karim Oct 7, 2022 stock: Blue Sky Uranium, stock: Cameco, stock: Canalaska Uranium, stock: Centrus Energy, stock: Denison Mines, . "Uranium is way too cheap relative to its supply." Rick Rule will rank readers' natural resource equities, on a free, no obligations basis. Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny . Whats really amazing about uranium is after you got through the investment case, when people got done being bored, as a consequence of Hiroshima, Nagasaki, Three Mile Island, and Chernobyl, people were angry. 2. In other words, you consume more; demand goes up. and our The previous part was interesting and sort of controversial, as Rick told me he had trimmed some of his uranium positions. The critical question is really the pace of Japanese restarts of their reactors. I have also personally asked Mr. Pattanaik, copied, to reach out to discuss your resource portfolio and provide you more information on Sprotts investment services and products. Nick Giambruno: Doug, when we were in Vancouver, you mentioned that uranium is your top pick right now. Doug Casey: Ive always been a uranium bull because Im kind of a boy scientist. 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. 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. So very quickly you sterilize, from the markets perspective, the overhang. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. New members should take a look into the NEW INVESTORS STARTING POST. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. Your email address will not be published. When asked Are uranium stocks done crashing? Rick Rule answered this: My suspicion is that there was some reflexes-selling around the failure of Sprott to be able to list the SPUT on the NYSE. The gold market will likely be over when these factors begin to reverse. Because its by far the safest and the cleanest form of mass-power generation. I'd imagine the same goes for DNN. Doug Casey: First of all, I have to say that all commodities are cheap right now relative to their historical prices, relative to their production costs. So its an emotional and political thing. Or a neon display of its logo? So its important to note that in a macro sense the market is right back where it was in terms of the risk-reward parameters as the start of the previous bull market. Rick Rule, president and CEO, Rule Investment Media LLC. From my own point of view the uranium price is up nicely and given that I am looking to add substantially to my uranium position I am delighted to see it lower in price.. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Reality often varies from peoples expectations. Rick Rule, president and CEO, Rule Investment Media LLC. The first time Rule and Morrison spoke about the uranium price three years ago it was at $US18/lb. Which uranium companies does Rick Rule like. A major shareholder of Ritchie Bros. Auctioneers Inc. filed with the U.S. Securities and Exchange Commission (SEC) Wednesday in opposition to its proposed takeover of IAA Inc., an auto parts auction company. Anyone who acted on that information probably made life-changing wealth. Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. After the uranium price had risen to $130 and the cost of production had risen to $45 or $50, in other words once the industry began enjoying 50-60% operating margins and the price did not have to go up anymore, the number of public companies looking for uranium increased from five to 500. Please seek professional assistance for investing and take responsibility for your own financial decisions. They are very timely, so watching this video after June 1 (when it was recorded) is possibly not a good idea. But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . Today, the total cost of producing a pound of uranium is between $55 and $60. For more information, please see our April 13, 2017. Fancy an espresso machine once used by Twitter employees? If a manager was speaking in here, beware. Please be fully informed regarding the risks and costs associated with trading, it is one of the riskiest investment forms possible. Comments accompany rankings where appropriate. Resource markets continue to be very soft, providing opportunities for value-oriented resource investors and speculators. Read our privacy policy for more info. It was the single most important financial event of my career.. 2022 Foxiz News Network. And when the Japanese shut down their nuclear fleet, what had been inventory became supply. How Big Banks and Bigger Government collude to skew the news and skewer the taxpayer. Specific recommendations are available to Sprott clients. 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. Now, Mr. Rule thinks the uranium market has returned to sanity, while the fundamentals of the uranium market have only improved since. URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. Looking forward three or four years, new plant construction, particularly in China but really spread all around the world, is sufficient that the Japanese become less and less relevant. investing, You can find out more about our policy and your choices, including how to op-outhere. Why Rick Rule Is the Uranium expert. Stocks followed. In early June BOE formally announced plans to rebuild the Honeymoon uranium mine in South Australia. Lunch Update Thats exactly why I caught up with them at the Sprott Natural Resource Symposium in Vancouver recently. 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. 2.) And its important to note that the new reactors that are being constructed consume a lot more uranium and produce a lot more power than the old ones that theyre replacing. Its wise to wonder whats going to happen, and to take advantage of growth while also being prepared for crisis. The price has either increased from $US18/lb to $US48/lb, or it has declined from $US65/lb to $US48/lb. And plenty will flow into uranium, which isnt a micro-cap or even a nano-cap market. Criticism and skepticism are highly welcome and help me learn. So from the political perspective of Japan, nuclear is an important part of their energy future. Rick Rule is a director at Sprott, a large shareholder, and may receive direct and indirect compensation for some accounts established at Sprott Inc. 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). Keep in mind:1.) So, I was ready to get some bad grades on my uranium stocks but I thought they were okay, especially given the YTD performance of uranium stocks.
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Bad Junior Stocks & How to Avoid Mining Scams & Pitfalls. I was disappointed, but not surprised. Rick Rule and I talked about what's happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Rick's stance on platinum investing in 2022. Full podcast here. 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. So, Doug, why is uranium so volatile, and of course, how do we take advantage of that? The 2.45Mlb per annum yellowcake mine, which will cost around $113 million to construct and refurbish, will be just the third operating in Australia alongsideBHPs (ASX:BHP)Olympic Dam and the privately owned Beverley mine, also in SA. Thank you. . Yes, I'm just now publishing this second part because I'm an evil YouTuber who's after the ad money. Complete the form below and we'll send you Rick's Rankings of your . As you restart the Japanese nuclear fleet, first of all, you burn more and more uranium. I'll just sh. He focuses on sub $1,000,000,000 market . Renewed focus on decarbonization and high energy prices have rejuvenated the uranium sector. Please tell me about it. Three decades of underinvestment in natural resource productive capacity, supply chain concerns, as a consequence of war, and idiotic government policies around natural resource industries almost guarantee strong commodity pricing, albeit with a concern about recession-induced demand challenges. Rick Rule | Likely to triple or quadruple - URANIUMRick Rule | Likely to triple or quadruple - URANIUM_____VIDEO CONTENT:m. Tags: One thing that I would point out is that over the last 10 years, which have been very, very difficult years for companies in the . A veritable treasure trove of intelligence, all at no cost. Stay abreast of developments that impact the world in . You have to go where things are cheap. This field is for validation purposes and should be left unchanged. If you didn't watch the 2 videos I did discussing \"my perfect uranium portfolio\", you shouldn't because they weren't any good, but here's the gist of them:I want my uranium portfolio to look like this:30% Basics - Cornerstone (KAP, CCJ, CGN)20% Physical (UPC (soon Sprott physical, Yellowcake)20% Section 232 (Ur Energy, Energy Fuels, WUC, Peninsula)15%% Geo-political diversification (Goviex, Bannerman, Boss, Paladin, DeepYellow, GLO)10% Athabasca Basin (CCJ, Fission, Denison, Nexgen, UEX) 5% Speculations (Forsys, Marenica, Vimy)This is what my perfect uranium portfolio looks like. Despite the fact that we dont like uranium, uranium is about 15% of US baseload power, and its about 65% of non-carbon-generating US baseload. It doesnt seem an optimal use of capital to buy them all this time around. Rick Rule: Well its actually eerily similar. You can see a breakdown by market cap too as stock selection by market cap is also a skill. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. Its simple logic as far as Im concerned. Im sure they will be benefited from this site. Video Uranium Daily 2023. And public participation when the price didnt have to rise anymore was incredible. Doug Casey: A contrarian is somebody whos running against the crowd. Rick Rule being Rick Rule. Supply destruction is also taking place as we speak. You cant store enough coal. Finally, precious metals stocks are attractive, given their pathetic market performance, the spectre of inflation and very deep negative interest rates. Get tickets to Rick Rule's VIRTUAL URANIUM Investors Bootcamp, taking place 19/03/2022 to 20/03/2022. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Email Lists 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. Check your inbox or spam folder to confirm your subscription. So it wasnt just they were bored with it, which is what you look for as a contrarian. However, Rick Rule is currently very bullish on uranium and believes that the tourists have left the space, so its time for the next leg up. That is in the speculators memoryat least the rich speculators memorythe last bull market in uranium is still strong. Performance Analysis. Click here to download it now. has Rick Rule sold his uranium stocks or is he buying? 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. Very cool, thanks for sharing your interaction with a great mind! again. Rick Rule on Uranium & Platinum Stocks in 2022. See our PDF guide that will show you exactly how. Uranium was really the perfect contrarian material in the late 1990s. The other thing that goes to your contrarian point, Nick, is that when the price of uranium was $8 a pound and the cost to produce it was $20 a pound, the investment thesis was either the price goes up or the lights go out; those were the only two choices. Youve successfully subscribed to Uranium Daily. They actively hated it, which is how I knew that I was pretty lonely in this thesis and therefore likely would be rewarded if I were right. How sociopaths overran the Land of the Free and what theyve got planned for it next. But I wouldn't be surprised at all to see it free of enCore. And that story about you buying all the uranium juniors in the late 1990s reminded me of that. GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash . Its a pico-cap market. . BRI since its first day of trading in 2011 has added several gold projects, acquired another gold company, and now has 4 million ounces of . Valuation. However, I think that investors as usual have taken a very short-term view, which I think is incorrect. Performance details for the top picks by Rick Rule. Ownership of Top Picks: 100.00%. Was there something wrong with what the guest said? They lose $25 a pound and do it 100 million times a year. Shortly: you will lose all of your money if you listen to talking heads on the internet. Thats an unbelievable number, quite frankly. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. 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. So what made you so confident about it? Holtec claims SMR-160 can repurpose any coal-fired plant How about we put together an explorers only project. Its a very emotional thing. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his past picks: Equinox Gold, Sovereign Metals, and Centaurus Metals. The Lundin family rarely lose money. I believe that investor education and outreach are the most honest and effective forms of advertising, and marketing. . "An easier investment themewould be copper. Managements like over-promising and under-delivering. Do remember that these grades are one person's opinion and shouldn't change yours. There are certainly Australian listed companies Lotus, Paladin, Boss, Deep Yellow that I think are excellent speculations.. The information you requested is not available at this time, please check back again soon. " 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. "I had expected the market to be flat. Maybe not, but investors who are confident of the uranium bull market thematic should hold their nerve. Fast-forwarding to today, in the 20 or 25 companies that either are or allege to be in the uranium business, there is still an unusually-high proportion of good management teams relative to numbers of listings, at least if you compare it to the rest of the mining sector. I've given out less than a dozen "one" rankings in three decades of analyzing resource stocks. Get the latest stock news and insights straight to your inbox. There is not a shred of historical evidence that the US economy needs a 2.00% inflation guardrail to thrive, or any fixed rate of inflation at all. Rick Rule talks with Maggie Lake on the My Life in 4 Trades Podcast about his incredible natural resources trading career. Rick is presenting at the Rule Symposium Natural Resource Investing conference Jul 26-29 Boca Raton, Florida. Youve successfully signed in. . I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. Rick Rule, Frank Holmes, Brent Cook and Peter Spina shared their top stock picks at this year's Vancouver Resource Investment Conference. Previously, Rick thought uranium and uranium stocks had gotten out of hand and ran ahead of themselves. I find Rick Rule's ratings to be honest, since they corollate with my own appraisal of the companies' balance sheets. Doug Casey: Well to start with, its perhaps the most political of all commodities, even more than gold. I suspect that if you buy the best five namesof course depending on how you do that allocationthat you would do quite well in the uranium space now. Leading up to the first Great Depression, those in the financial sector had become unusually creative. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his top picks: Africa Oil, G2 Goldfields, and Reunion Gold. Save my name, email, and website in this browser for the next time I comment. What does he mean with "Consolidator" regarding Denison and deep yellow? Now: $4.54. Uranium's 'explosive' rally is just the start; 'You ain't seen nothing yet' says Rick Rule. So what exactly is a contrarian? And so, at the peak, the statistical probability that your company was run by a competent team was really a function of the equation of taking the number of competent teams, 15, and dividing that by the number of aspiring companies, 500, which is statistically really bad odds. Therefore Dividend Earner doesn't bear any responsibility for any trading losses you might incur as a result of using this data. 00:00 important warning01:10 Are uranium stocks done crashing?06:25 Will the uranium equities outperform the spot price over the long term?11:30 Are the largest gains in uranium stocks still ahead of us or are they behind us?15:10 Are we in the 6th inning with uranium stocks?18:30 When does Rick Rule go all in?24:00 When will Rick Rule sell all of his uranium stocks?27:45 How does Rick Rule value uranium exploration stocks?35:00 Is Kazatomprom still the best risk-reward in uranium?39:00 Does sentiment in uranium matter to Rick?42:00 What matters most in uranium today?44:00 Is Rick still bullish on platinum?46:40 Is oversupply an issue for platinum?48:30 How would Rick Rule approach platinum investing?50:00 Which jurisdiction makes sense for platinum investing?52:00 Rick Rules holding a symposium. DISCLOSURE:Please note that I may have a position in one or many of the holdings listed. So it was a really excellent pick. Read our privacy policy for more info. It's free. As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. 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. Hopin is your source for engaging events and experiences. The whole point of shining a light into the gloom is to avoid having it end in doom. Ruby Design Company. I'm uploading it now, because as I said I'm evil, and also because it takes time to edit, etc. GOOD VIBES ONLY No. What we offer. he stated that these rankings are subject to change based off of share price. Then you have the Greens that hate nuclear, when in fact they ought to love nuclear. By Patrick Karim Oct 7, 2022 stock: Blue Sky Uranium, stock: Cameco, stock: Canalaska Uranium, stock: Centrus Energy, stock: Denison Mines, . "Uranium is way too cheap relative to its supply." Rick Rule will rank readers' natural resource equities, on a free, no obligations basis. Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny . Whats really amazing about uranium is after you got through the investment case, when people got done being bored, as a consequence of Hiroshima, Nagasaki, Three Mile Island, and Chernobyl, people were angry. 2. In other words, you consume more; demand goes up. and our The previous part was interesting and sort of controversial, as Rick told me he had trimmed some of his uranium positions. The critical question is really the pace of Japanese restarts of their reactors. I have also personally asked Mr. Pattanaik, copied, to reach out to discuss your resource portfolio and provide you more information on Sprotts investment services and products. Nick Giambruno: Doug, when we were in Vancouver, you mentioned that uranium is your top pick right now. Doug Casey: Ive always been a uranium bull because Im kind of a boy scientist. 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. 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. So very quickly you sterilize, from the markets perspective, the overhang. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. New members should take a look into the NEW INVESTORS STARTING POST. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. Your email address will not be published. When asked Are uranium stocks done crashing? Rick Rule answered this: My suspicion is that there was some reflexes-selling around the failure of Sprott to be able to list the SPUT on the NYSE. The gold market will likely be over when these factors begin to reverse. Because its by far the safest and the cleanest form of mass-power generation. I'd imagine the same goes for DNN. Doug Casey: First of all, I have to say that all commodities are cheap right now relative to their historical prices, relative to their production costs. So its an emotional and political thing. Or a neon display of its logo? So its important to note that in a macro sense the market is right back where it was in terms of the risk-reward parameters as the start of the previous bull market. Rick Rule, president and CEO, Rule Investment Media LLC. From my own point of view the uranium price is up nicely and given that I am looking to add substantially to my uranium position I am delighted to see it lower in price.. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Reality often varies from peoples expectations. Rick Rule, president and CEO, Rule Investment Media LLC. The first time Rule and Morrison spoke about the uranium price three years ago it was at $US18/lb. Which uranium companies does Rick Rule like. A major shareholder of Ritchie Bros. Auctioneers Inc. filed with the U.S. Securities and Exchange Commission (SEC) Wednesday in opposition to its proposed takeover of IAA Inc., an auto parts auction company. Anyone who acted on that information probably made life-changing wealth. Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. After the uranium price had risen to $130 and the cost of production had risen to $45 or $50, in other words once the industry began enjoying 50-60% operating margins and the price did not have to go up anymore, the number of public companies looking for uranium increased from five to 500. Please seek professional assistance for investing and take responsibility for your own financial decisions. They are very timely, so watching this video after June 1 (when it was recorded) is possibly not a good idea. But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . Today, the total cost of producing a pound of uranium is between $55 and $60. For more information, please see our April 13, 2017. Fancy an espresso machine once used by Twitter employees? If a manager was speaking in here, beware. Please be fully informed regarding the risks and costs associated with trading, it is one of the riskiest investment forms possible. Comments accompany rankings where appropriate. Resource markets continue to be very soft, providing opportunities for value-oriented resource investors and speculators. Read our privacy policy for more info. It was the single most important financial event of my career.. 2022 Foxiz News Network. And when the Japanese shut down their nuclear fleet, what had been inventory became supply. How Big Banks and Bigger Government collude to skew the news and skewer the taxpayer. Specific recommendations are available to Sprott clients. 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. Now, Mr. Rule thinks the uranium market has returned to sanity, while the fundamentals of the uranium market have only improved since. URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. Looking forward three or four years, new plant construction, particularly in China but really spread all around the world, is sufficient that the Japanese become less and less relevant. investing, You can find out more about our policy and your choices, including how to op-outhere. Why Rick Rule Is the Uranium expert. Stocks followed. In early June BOE formally announced plans to rebuild the Honeymoon uranium mine in South Australia. Lunch Update Thats exactly why I caught up with them at the Sprott Natural Resource Symposium in Vancouver recently. 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. 2.) And its important to note that the new reactors that are being constructed consume a lot more uranium and produce a lot more power than the old ones that theyre replacing. Its wise to wonder whats going to happen, and to take advantage of growth while also being prepared for crisis. The price has either increased from $US18/lb to $US48/lb, or it has declined from $US65/lb to $US48/lb. And plenty will flow into uranium, which isnt a micro-cap or even a nano-cap market. Criticism and skepticism are highly welcome and help me learn. So from the political perspective of Japan, nuclear is an important part of their energy future. Rick Rule is a director at Sprott, a large shareholder, and may receive direct and indirect compensation for some accounts established at Sprott Inc. 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). Keep in mind:1.) So, I was ready to get some bad grades on my uranium stocks but I thought they were okay, especially given the YTD performance of uranium stocks.
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