Tekoa Da Silva – YouTube, Released on 6/7/24

We discussed Rick’s experience during the 1970s commodities bull market. He shares lessons learned, successes and mistakes.

0:00 Intro
1:15 College & Owning Bars In Vancouver, Befriending Stock Exchange Operators
3:03 Taking Advantage of 1974 Stock Market Crash
5:18 Nixon Taking The US Off The Gold Standard in 1971 – Thoughts
9:24 Social Turmoil Amid 1973 Arab Oil Embargo
13:51 Taking Advantage of Skyrocketing Commodity Prices, Late 1970s
19:00 Building A Leveraged Private Oil & Gas Company in Late 1970s
21:24 Becoming A Resource Exploration Financier
25:00 Extreme Behaviors At 1980-1981 Commodity Price Peak
27:03 Takeaway Lessons from the 1970s Commodity Cycle
31:32 Will Americans See 1970s Style Events Again? Ugly Price To Pay!
37:57 How To Follow Rick’s Work

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.

  commodities, gold, inflation, investing, uranium