MiningStockEducation.com, Released on 3/4/21
0:00 Introduction
0:56 Rick going through a “reset” rather than “retirement”
4:16 Expect a more raw Rick Rule in this next season
5:22 Rick Rule’s thoughts on altruism
8:59 #SilverSqueeze “These kids are trying to make us rich”
13:35 “Comex is run for the benefit of the Comex, not for you and me”
17:51 Rick’s thoughts on brokers preventing selling of $AMC & $GME
20:08 Rick still offers free portfolio reviews
In this interview Rick Rule, president and CEO of Sprott U.S. Holdings, says that “it has become difficult for institutions to buy silver.” Six weeks ago Rick did not believe that retail investors could have that big of an effect on the silver price, but that view is beginning to change with the ongoing #SilverSqueeze push. He also discusses his retirement as president and CEO of Sprott U.S. Holdings and says that it is more of a “reset.” Rick will be taking the Sprott media division with him and will do more on the media/communications front moving forward. He also shares his thoughts regarding how some brokers dealt with the $AMC and $GME run-up and short squeeze. Finally, Rick reminds listeners that he still offers a free mining portfolio review.
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.