The stock market continues to hit new record highs. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. Complete the form below and we'll send you Rick's Rankings of your . 2.) So I wrote that 12-page article on uranium, and another four pages on nuclear power plants. Of that, he has a shopping list that is limited to 12. "For speculators, I also see an increase in the price of uranium," said Rule. I was disappointed, but not surprised. Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. I watched the Wall Street Silver YouTube interview with RR. Nothing on this website should be considered as investment advice. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. The information on this website is provided for educational purposes only. What do you do to distinguish between them today? You can see a breakdown by market cap too as stock selection by market cap is also a skill. Returning to the Daily Dive today is Rick Rule, the former President and CEO of Sprott US Holdings. Criticism and skepticism are highly welcome. His suspicion is that margin calls have also added to the recent pain in uranium stocks. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his top picks: Equinox Gold, Sovereign Metals, and Centaurus Metals. In the circumstance that were in in 2018, there are probably billions of speculative dollars controlled by people who participated either directly or vicariously in the last bull market, and I guarantee their memories are still fresh. When the deck was stacked solidly against them but the price action verified the narrative, people were dying to get in. You cant even store enough liquefied natural gas. Your email address will not be published. The information you requested is not available at this time, please check back again soon. Then you have the Greens that hate nuclear, when in fact they ought to love nuclear. "I had expected the market to be flat. Dr. Robert Schug, Professor in the school of criminology, criminal justice and emergency managment at CSU Long Beach joins the show to talk more about Bryan Kohberger and the Idaho murders. Bought DNN calls at $.70 and while they fluctuated in Top 10 requested tickers. Specific recommendations are available to Sprott clients. JMM INC, Resource Talks. But things change, and the uranium price is doing some interesting things in 2022. In early June BOE formally announced plans to rebuild the Honeymoon uranium mine in South Australia. Rick Rule, president and CEO, Rule Investment Media LLC. A major shareholder of Ritchie Bros. Auctioneers Inc. filed with the U.S. Securities and Exchange Commission (SEC) Wednesday in opposition to its proposed takeover of IAA Inc., an auto parts auction company. Roles in marketing, cannabis dispensaries, sustainability and various digital roles are among the fastest-growing job titles in Canada, according to new data from LinkedIn. Im sure they will be benefited from this site. The latest news, tweets, videos, podcasts, and opinions in the Uranium sector tailored for Uranium investors. Heres why, Demand is assured, supply is not: Deep Yellows John Borshoff on why the uranium sector is in a broken-down state. Stockhead is providing factual information where there is a reasonable likelihood of doubt. Hopefully we see those same gains in the OTC shares today. Required fields are marked *. is Kazatomprom still Rick Rules #1 uranium pick? All Rights Reserved. Your email address will not be published. The other thing that goes to your contrarian point, Nick, is that when the price of uranium was $8 a pound and the cost to produce it was $20 a pound, the investment thesis was either the price goes up or the lights go out; those were the only two choices. Rick Rule: "Certainly a select group, and UEC is one of that select group, will do very well. Nick Giambruno: Rick, what do you think will turn the uranium market around? Because were all psychologically wired to be herd animals. Industrial materials markets will be led by population growth, an increase in frontier markets living standards, negative government policy decisions and decades of underinvestment. "Uranium is way too cheap relative to its supply." Rick Rule will rank readers' natural resource equities, on a free, no obligations basis. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his player picks: NAC Kazatomprom JSC, Sandstorm Gold, and Endeavour Mining PLC. This field is for validation purposes and should be left unchanged. So thats why it came down to uranium. Rule often talks about how he bought intoPaladin Energy (ASX:PDN)at 10c per share back in the mid-2000s. Leading up to the first Great Depression, those in the financial sector had become unusually creative. The price has either increased from $US18/lb to $US48/lb, or it has declined from $US65/lb to $US48/lb. Its particularly interesting to note that when there were 500 companies in the uranium space and everybody cared about uranium, there were probably still only 15 or 20 management teams that were really truly able to spell uranium. URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. You can see the top picks from Rick Rule below. Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. The price of uranium has to go up, but we dont know when. 2022 has been a news filled year beginning with civil unrest in Kazakstan, the invasion of Ukraine, energy sanctions on Russia, UK's big push into nuclear power, the restart of idled nuclear plants in Japan and the . That is in the speculators memoryat least the rich speculators memorythe last bull market in uranium is still strong. As a bonus, youll receive our wildly popular read, Doug Caseys International Man Communiqu. Do your own research as none of us is a financial advisor, and we are biased. At that point in time, when something had to happen, there were only five public companies and nobody cared. Famous speculator Rick Rule is looking to pour money into uranium stocks. Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide. 2022 Foxiz News Network. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Access our very popular e-letter, the IM Communiqu, and our other guides and country reports. Canadian luxury real estate may be shifting into buyer's market conditions this year, according to a new report from Sotheby's International Realty Canada, as prices readjust from pandemic-related upheaval. How will you protect yourself in the next crisis? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Get the latest stock news and insights straight to your inbox. New members should take a look into the NEW INVESTORS STARTING POST. 27, Is the Future of Uranium in Danger? A restart plan previously released by Paladin estimated it would cost US$81m to restart operations, producing at its peak 5.9Mlbs of U3O8 annually at Life of Mine C1 costs of US$27/lb. Please note that rankings and comments provided herein are not investment recommendations. Rick and I talked about most of the Canadian, and most of the African uranium stocks.Although Rick still thinks Kazatomprom is the best uranium company out there, he ranks Cameco the highest, at 3, and a few African stocks at 4. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. By Patrick Karim Oct 7, 2022 stock: Blue Sky Uranium, stock: Cameco, stock: Canalaska Uranium, stock: Centrus Energy, stock: Denison Mines, . That when the uranium move gets going this time, the response will be, pardon the pun, even more explosive in its early stages than it was the last time. April 13, 2017. Thats exactly why I caught up with them at the Sprott Natural Resource Symposium in Vancouver recently. But probably more importantly, the inventory on the market, which the market now sees as supply, goes back to being inventory. Rick Rule believed that the uranium equities had gotten ahead of themselves and because he think the value of the equities is going higher over the long term, he is happy to see short-term selling, which he thinks comes from the failure of SPUT to list on the NYSE, as well as a general push to sell from the market correction. Your email address will not be published. For investors, getting access to the right information is critical. The Lundin family rarely lose money. AND TORONTO'S GLOBAL REACH 2020. investments, Since nuclear power is a highly-regulated industry, it depends on what these governments do. Especially if they have orange hair and no experience (me).Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. What was even more amusing, is three or four years later when the thesis had proven itself, some of the people who were actively hostile to me for attempting to profit from this sort of pariah substance were actually looking for tips on uranium stocks. "An easier investment themewould be copper. Hopefully he starts disclosing some of his positions in a month or so. They lose $25 a pound and do it 100 million times a year. 853 Opinions Unlock Rating. I don't yet have this, and if I manage to build it, it would be in a demo portfolio - not with real money. Criticism and skepticism are highly welcome and help me learn. Those are the only two choices. They didn't put forward any women, but she knew there had to be some who were more than qualified for the job. Last year Rule retired from executive and management roles at Sprott. However, I think that investors as usual have taken a very short-term view, which I think is incorrect. There's many valid, objective reasons to do it, and not so many reasons not to do it (I can't think of a valid one). Rick knew that, and Rick always felt the same way for the same reasons. I had the chance of speaking with Rick Rule on May 9, 2022. The uranium market has been plagued by illiquidity, but with the advent of metal-backed funds, like the Sprott Physical Uranium Trust Fund (SRUUF), the problem of liquidity is alleviated, said Rick Rule, director of Sprott. But I wouldn't be surprised at all to see it free of enCore. Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny . he stated that these rankings are subject to change based off of share price. How sociopaths overran the Land of the Free and what theyve got planned for it next. It's hard learning from your real portfolio because of the biased that real money gives you. When a bull market comes along, all these cats and dogs start howling. Rick Rule Investor and Speculator at Family office. But if the price must go through $US75/lb, it is a potential $US8 downside juxtaposed with a minimal $US27 upside the juxtaposition of risk v reward looks very attractive.. Full podcast here. Not being able to decide among them, you decided to buy them all. Now: $4.54. The overhang that weve seen in the market in the last three years in particular has been very much a function of the fact that Japanese inventories became regarded in the market as supply. Canadian inflation slowed in December and experts think this could support a final policy rate hike by the Bank of Canada next week, before pausing its aggressive interest rate strategy. How Big Banks and Bigger Government collude to skew the news and skewer the taxpayer. He founded Global Resource Investments, Ltd. (now called Sprott Global Resources Investments, Ltd. ("SGRIL")), a full service U.S. brokerage firm that specializes in natural resource companies, in 1993, Resource Capital Investment Corp . So what exactly is a contrarian? When emotions and politics are involved, that automatically gives you volatility. Tries to estimate the users' bandwidth on pages with integrated YouTube videos. As a conclusion, the highest grades that Rick gave some of my holdings were:- Kazatomprom at 4- China General Nuclear (1164) at 4- Boss Resources at 4All the other got grades between 5 and 6. When asked Are uranium stocks done crashing? Rick Rule answered this: My suspicion is that there was some reflexes-selling around the failure of Sprott to be able to list the SPUT on the NYSE. We dont spam! Rick Rule: At the point in time when I reviewed the five uranium juniorsand then when Doug sort of debriefed me on my reviewwe determined that the management teams who had survived a 20-year bear market were all competent enough and tough enough that all five would survive. Antonio Atanasov is not an investment advisor. Through our team of resource specialists and a commitment to customer service, we assist our clients in creating a personalized resource "backbone" to their overall investment plan. Rick Rule: Well, I don't think you forgot to ask much, Maurice. Then, in March, DYLannounced it had secured support from the board ofVimy Resources (ASX:VMY)for an all-scrip takeover worth $658 million that will increase the chances of developing Vimys world class Mulga Rock uranium mine in WA. Boss flagged the final investment decision in March with a $125 million share placement which, along with a strategic uranium stockpile of 1.25Mlb worth an estimated US$59.38m, should help fund it into production. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. In this video, Rick Rule graded my best uranium stocks for 2021 and gave an update on the uranium market and 2021, as also the rumoured uranium short squeeze and much more. investment, However, Rick Rule is currently very bullish on uranium and believes that the tourists have left the space, so its time for the next leg up. You have to go where things are cheap. JMM INC, Resource Talks. However rapid price declines in the juniors have made them relatively attractive, particularly for accredited investors who can take advantage of increasingly attractive private placement financing terms. Discover Rick & Rick Rule the World podcast daily stats and analytics with our detailed tracking progress charts, future predictions, sponsorships, and more. Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, said he sees oil demand normalizing in China this year and thinks it will be a tailwind for the sector. Verified the narrative, people were dying to get in and help learn! Real money gives you volatility memorythe last bull market comes along, all these cats dogs... Yourself in the price of uranium has to go up, but she knew there had to be animals. Stock selection by market cap is also a skill either increased from $ US65/lb to $ US48/lb in... Has either increased from $ US18/lb to $ US48/lb, or it has declined from $ US18/lb to $.. Available at this time, when in fact they ought to love nuclear psychologically wired be. Or so will be benefited from this site sure they will be from... 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