Kitco News, Released on 3/9/22
Putin’s war in Ukraine has caused significant moves in major commodities. Since the invasion of Kiev on the 24th of February, the prices of oil, gold, uranium, and even soft commodities like wheat have all surged. Rick Rule, director of Sprott U.S. Holdings, discusses the market implications of the invasion of Ukraine with Michelle Makori, editor-in-chief of Kitco News.
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.