Rick Rule: Positioning for the Good, the Bad and the Ugly in Mining

Investing News Network, Released on 7/1/20

0:00 – Intro
0:19 – Economic and fiscal response to COVID-19
3:09 – 3 reasons the wind is in the sails of precious metals
6:04 – Treating gold as an insurance policy
8:17 – The path forward for global governments
10:26 – Mining industry’s response to COVID-19
12:55 – Positioning for the good, the bad and the ugly
16:14 – “Buckle your seatbelts” in the near term
18:55 – The new type of investor entering the mining space
22:56 – Taking the Sprott Natural Resource Symposium online
26:07 – Special offer from Rick Rule (https://sprottusa.com/rankings/)
28:08 – Outro

COVID-19 has left many investors wondering what their path forward should be, and the question remains even as countries around the world begin to ease lockdown restrictions.

“I think the message to investors and speculators … is precious metals now, but get ready for — two years from now, three years from now, four years from now — a stupendous rally in industrial commodities,” said Rick Rule of Sprott.

“And for those people who are really contrarian and able to choose, in movie parlance, between the good and the bad and the ugly — you might begin to position yourself in the better names in anticipation.”

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.

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