Kitco News, Released on 5/18/23
Rick Rule, founder and former CEO of Sprott Holdings and founder of Rule Investment Media, joins Ernest Hoffman of Kitco News to explain why investment demand for gold will quadruple, how the natural gas market will split, and why his uranium levels are a lock. They also discuss the impact of the developing world on battery metals prices and what the Fed should do about the banking crisis.
0:00 – Gold surge is sustainable
4:12 – Junior gold miners
7:27 – Natural gas market
11:35 – Battery metals
16:15 – Developing world demand
19:26 – Uranium bull market
24:29 – Banking crisis
29:14 – Fed’s response
32:06 – 2023 Rule Symposium
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.