Daily Reckoning Australia, Released on 10/28/20
Shae Russell speaks to Rick Rule — founder of Global Resource Investments and President and CEO of Sprott US Holdings Inc — about the divisive US election and its impact on the precious metals markets. Rick Rule believes neither candidate (Joe Biden nor Donald Trump) would have a negative impact on the precious metals market, he does, however, believe that the election would not be good for the broader commodities market.
Rick also believes that Australian mining companies could start to begin outperforming again, which could see Aussie mining stocks rise. Rick Rule provides a special offer to our Australian subscribers and viewers, so be sure to watch ‘til the end!
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.