I LOVE PROSPERITY, Released on 10/9/21
For Part 1 of this interview, CLICK HERE
In this video, Rick Rule breaks down the Uranium market. We talk about Uranium stocks and what the latest updates on the uranium market are. Since Sprott got involved in the Uranium market, the price went from about $30 to $50 per pound, before cooling back off. The market is in a major supply shortage and there are 200 million pounds used globally. We only mine about 130 million pounds. So we’re talking about major shortages in the market that could truly send the prices soaring in a very short period of time.
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.