Rick Rule: All Gold Miners Will Not Be Able To Grow Dividends & Free Cash Flow Despite $2300 Gold

Wall St. For Main St., Released on 5/25/24

Rick has decades of experience successfully investing and speculating in commodities, natural resources companies, miners, junior explorers and oil and natural gas companies. Rick has also helped finance hundreds of mines through development and into production in his long and successful, multi decade career as a credit analyst and mine financier. During this 50+ minute interview, Rick talks about why many gold miners will struggle to grow dividends, grow free cash flow and maintain profit margins despite gold prices at $2300/oz. Rick also talks about near term uranium mines that can come back online and how that supply will from smaller in situ uranium mines in the US will not be sufficient to meet demand growth for nuclear power. To end the interview Rick discusses finding dividends in commodities like Sprott Inc and precious metals royalty and streaming companies, how to play a rally in platinum and palladium prices and why ESG investments by governments cannot supply the real economy with enough copper supply or cheap electricity. Rick talks about how dire the copper supply problem is in the future if next generation data centers are built by the Big Tech companies.

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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.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

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