In an exclusive Q&A session for Sprott Private Wealth clients, Rick Rule shared his thoughts on the uranium market and explained why speculators shouldn't worry too much about being early.
You've probably given little thought to a perennially overlooked metal called cobalt, even though chances are you’re reading this very article on a device powered by a battery containing a significant proportion of the metal.
Natural resource investing is never a dull affair, and 2016 was certainly no exception.
Conversations and conferences of late have reinforced a few factors that define today’s young mining bull market.
For investors who are both just beginning their foray into gold investment, and for those who have been long time proponents of gold, Sprott Senior Advisor John Embry breaks down the recent history of the U.S., highlighting the pressures that have brought fiat currency to the brink, U.S. debt liabilities to staggering heights, and gold back to the institutional investor’s crosshairs.
The things that have moved in this market of course have been precious metal production and near term production stories, but people are coming to understand that high quality discoveries are rare.
For every new company entering the public markets, 15 are leaving.
Jim noted the world’s monetary structures resemble, “Two tectonic plates; there’s the natural tectonic plate—deflation—and then…the policy plate of inflation—which is money printing, currency wars, QE, operation twist, negative interest rates, and zero interest rates…”
Don’t get too excited about a deficit. Copper is ever a tight market, an 18-million-tonne giant that always seems to finish the year with only a few hundred thousand tonnes of surplus or deficit.
“These periods of deep despair are the necessary component, the necessary factor to turn a bear market into a bull market.”
James Rickards: "The system is highly unstable—If [confidence] is lost, it can melt down very quickly"
During a time of increasing uncertainty in global financial markets, James G. Rickards, best-selling author and advisor to US Department of Defense and Intelligence Communities, was kind enough to share a few comments.
‘Dis-aggregation,’ where mines become dispersed among more players, may lead to much greater efficiency in the mining sector.
Projects are being re-distributed among more players, and smaller companies are getting a chance to grow.
Watch Turkey for world’s next top gold projects –mining law, people, and infrastructure are improving: Han Ilhan, Aldridge Minerals
Turkey is partially located on a geological structure that may yield gold discoveries (Steve Todoruk, at Sprott Global Resource Investments, recently brought one project to our attention).
Rick Rule: When interviewing companies investors should start by asking—"What’s your liquidation value?"
Rick Rule, Chairman of Sprott US Holdings, recounts how a small mining event led to a career-changing investment.
Steve Todoruk, a broker at Sprott Global Resource Investments Ltd., has been calling attention to a trend that few investors have noticed in small gold miners.
Rip-roaring market valuations in the US are supported by ever-expanding corporate and government debt.
Rick Rule, Chairman of Sprott US Holdings, sat down with Tekoa Da Silva to discuss his early experience investing in natural resources.
Our main subject today, though, is a trend we’ve been seeing in Canadian gold stocks. Some companies have reached much higher share prices over the last 18 months.
Tekoa and Rick get into the ‘nuts and bolts’ of speculating in exploration stocks.
Steve Todoruk, a broker at Sprott Global Resource Investments Ltd., has been eyeing the next possible takeover. He believes he’s narrowed down the most likely targets.
Uranium has been on a tear recently. Stocks are going up fast in the sector. Even large companies like uranium miner Cameco have seen a double-digit move up in a month.
Temporary setbacks can cause shares in good companies to become cheap as investors exit the story.
Rick took at a stance in January that went against many investors’ contrarian instincts. He said to stay away from oil and gas for the time being.