29 December 2022
Filmed in November 2022
In this special episode of BullionStar Perspectives, the legendary Rick Rule joins Ronan Manly to share his insights on a career spanning five decades.
The discussion is wide-ranging, covering many aspects of precious metals stocks, as well as physical gold and silver, the US Dollar, and the uranium market. Rick also shares fascinating reminiscences on his early days in the Vancouver financial and natural resources scene.
Rick is president and CEO of Rule Investment Media, a director of Sprott, and the organizer of the annual Rule Symposium on natural resource investing. Rick was also President and CEO of Sprott US Holdings until early 2021.
00:00 Introduction
00:50 Why the US dollar is the current go-to safe haven and not gold
02:00 Potential shift in safe-haven status from USD to precious metals
04:04 Precious metals mining stocks – Indicator for PM bull market?
06:07 Factor based investing in Sprott’s PM stock portfolios
09:00 M & A the precious metals mining space
11:26 Rule Ranking service of Precious Metals stocks
13:50 Physical silver demand and settlement risks of the paper markets
17:26 Price drivers for Uranium equities and market developments
20:26 Rick as a Libertarian and the uniqueness of the asset gold
22:33 The US Gold Standard Reserve Bill – Chances of success
24:21 Key reasons to invest in physical precious metals
26:16 Do the World Gold Council and Silver Institute do a good job?
27:20 Effectiveness of the Shareholder’s Gold Council
29:08 The Rule Symposium (conference events) – dates for next year
30:47 Rick in Vancouver in the early days – Career formation
34:12 Wrap-up
Rule Investment Media – Rick’s Stock Rankings Service – https://ruleinvestmentmedia.com
Sprott Rule Managed Account https://sprottusa.com/managed-accounts/sprott-rule-managed-account
The Rule Symposium https://rulesymposium.com