Rick Rule: Easy Uranium Money Has Been Made, How to Position Today

Investing News, Released on 11/7/23 (Recorded on 11/2/23)

At the New Orleans Investment Conference, Rick Rule of Rule Investment Media discussed sentiment among the juniors, his outlook for the US economy and how global conflicts are affecting sectors like gold and oil. He also weighed in on uranium, saying that while the “easy money,” has now been made, the sector has gained considerable structural strength in the last 18 months. In his view, it’s now time for the “real money” to be made as more advanced companies are repriced. “Right now you have to focus on real companies doing real things,” Rule said.

0:00 – Intro
0:26 – Juniors deserve current sentiment
3:37 – Cracks emerging in US economy
8:19 – Gold and oil during times of war
13:05 – Easy money is over in uranium
15:04 – How to invest in uranium today
18:42 – Dos and don’ts for investors

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.

Notify of

Inline Feedbacks
View all comments