Liberty and Finance, Released on 10/2/23
Legendary investor Rick Rule joins us for a rapid fire Q&A session. He discusses silver’s performance and the need to be a contrarian. “The popular commodity that everybody hates is silver because it’s disappointed people so much, so often,” he says. “I’m looking for sharply higher prices.” He notes his delight when an investment he believes in falls in price. In such cases, he simply has a greater opportunity for accumulation.
0:00 Intro
3:00 Mine nationalizations
3:55 Gold confiscation
5:58 Uranium
8:25 Silver
11:20 ESG
12:30 De-banking
16:30 Selling metals
20:00 Mining balance sheets
22:00 Russian stocks
24:10 Favorite investing moment
27:20 Rule’s offer
28:25 Rule’s Royalty symposium
30:53 Miles Franklin
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.