Kitco News, Released on 11/8/23
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Rick Rule, President and CEO of Rule Investment Media and former CEO and President of Sprott, who discusses uranium’s rally to 15-year highs. Rule weighs in on what’s driving the market and what’s next, giving his top investment picks. Rule also discusses gold and oil markets in light of heightened geopolitical tensions.
00:00 – Intro
01:18 – Uranium rally
05:42 – Changes in the pricing of uranium
09:50 – Why has the sentiment changed?
12:46 – Upside potential & top picks
17:45 – Issues with supply
22:55 – Geopolitics: impact on uranium, oil, gas
32:54 – Take on gold and silver
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.