"I got the uranium equity market exactly wrong," he told BABY Investments. His research is intensive, and that is why he is a trusted Global resource in the industry. The minimum risk on any investment mentioned in this publication is 100% loss of capital. After Fukushima, the Japanese practically closed down their entire nuclear industry. Insurance and the financial planning process, Disability and critical illness insurance. "I monitor 75 public uranium companies in the world. Complete the form below and we'll send you Rick's Rankings of your . No. Dividend Earner will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. These rankings are numerical, 1-10, with 1 being best. There are five factors (Federal liabilities, credit risks, money printing, negative interest rates, dollar confidence) that cause Mr. Rule to believe that we are in a new gold bull market. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. Three decades of underinvestment in natural resource productive capacity, supply chain concerns, as a consequence of war, and idiotic government policies around natural resource industries almost guarantee strong commodity pricing, albeit with a concern about recession-induced demand challenges. The president and CEO of Rule Investment Media and the chair of Equinox Gold joins Harry Melandri to talk about why he's turning his focus to uranium. Rick Carlisles full answer on his concern level about Rick Riordan appreciation post from someone who hasnt Get ready for the next step of this commodity supercycle! The value, though, of BRI has gone up dramatically. The conference and full interview can be viewed here. 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. Boss plans to be in production by the fourth quarter of 2023 with a three-year ramp-up to its full production rate, timed for a looming nuclear supply shortage expected from 2024. 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. It's hard learning from your real portfolio because of the biased that real money gives you. It doesnt seem an optimal use of capital to buy them all this time around. And public participation when the price didnt have to rise anymore was incredible. Also discussed is Rick's current view on uranium (5:59 . I'm uploading it now, because as I said I'm evil, and also because it takes time to edit, etc. The comments Rick gives on the companies, however, are valuable and can be used as starting points of a research. Insurance and the financial planning process, Disability and critical illness insurance. Antonio Atanasov is not an investment advisor. My suspicion is, out of the 20 or 25, there are 12 or 15 that are good bets to survive through the rest of this bear market to participate into the next bull market. DYL boss John Borshoff is the geologist who founded Paladin Energy in 1993, before taking it from a junior explorer to a $4bn uranium mining company with two operations Langer Heinrich in Namibia, and Kayelekera in Malawi. Why Rick Rule Is the Uranium expert. Thats exactly why I caught up with them at the Sprott Natural Resource Symposium in Vancouver recently. John Ciampaglia, CEO of Sprott Asset Management, and Per Jander of WMC Energy participate in Uranium Conference 5.0, and share their thoughts on the current market environment. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. And of all the commodities, uranium is the cheapest both relative to the cost of production and relative to historical highs and lows. View articles by Rick Rule. Save my name, email, and website in this browser for the next time I comment. We think that maybe 50 listings in the uranium space worldwide are unviable at $US100/lb, Rule says. Email Lists 80783-80808 (out of 133119) Get breaking news, analyses and insights on world affairs and politics, along with multimedia, at IBTimes.com. The last time, there hadnt been a uranium bull market in probably 20 years, and the speculative landscape had changed to the extent that most of the people who had participated in the bull market in uranium in the 60s and early 70s no longer cared by 2001/2002. How will you protect yourself in the next crisis? Performance details for the top picks by Rick Rule. Whats changed, has changed for the better. Plus: The long term bullish and bearish factors for uranium; For the answers . I definitely enjoy reading all that is written on your site.Keep the stories coming. Managements like over-promising and under-delivering. Im not an expert on Japanese politics. In fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France. Unlock Expert's Rating and Top Picks Portfolio. It was the single most important financial event of my career.. Welcome back! Im very confident of it because all the worlds governments have been creating trillions and trillions of currency units since the crisis started in 2007. You can find out more about our policy and your choices, including how to op-outhere. Video Its simple logic as far as Im concerned. Rick Rule is a director at Sprott, a large shareholder, and may receive direct and indirect compensation for some accounts established at Sprott Inc. Now, such an approach was practical then, when there were only around five uranium juniors. Required fields are marked *. Copyright 2010 - 2023 by Dividend Earner. I interpret it as companies which should perform better late in the bull cycle. Nick Giambruno: Doug, you have an interesting saying that when the wind blows even a turkey can fly.. Why? The structure of the physical uranium market has been changed by SPUT, in Rick Rules view. Tickets are available here. We dont spam! 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. 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. Note too, that these rankings are snapshots in time, subject to rapid change, with new news, different markets, and changing share prices. It's under the tab "Guide". Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide. In a September 1 interview - prior to the latest share price explosion - Rule says he timed the market badly. Rick Rule: You asked the question exactly correctly, so thank you. 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. 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. Lessons from the Masters: Where is market mover Sprott spreading its cash on the ASX in 2022? Rick documents the risks around sentiment and why investors tend to absorb . Back then, the uranium market was in the middle of a bear market that had lasted almost 20 years. Were on the cusp of another uranium bull market that has the potential to unleash even more life changing wealth than the previous one. AND TORONTO'S GLOBAL REACH 2020. All Rights Reserved. Rick also suggested 2 smaller cap uranium juniors to me:- Iso Energy- CanAlaska I have not yet looked into those and therefore I don't have an opinion on them, that could be of value to any uranium speculator. The Germansidiotically quite franklyare trying to go to solar, which makes no sense in northern Europe where the skies are often cloudy. Until then its macro. Rick Rule: "Certainly a select group, and UEC is one of that select group, will do very well. GOOD VIBES ONLY Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. The first time Rule and Morrison spoke about the uranium price three years ago it was at $US18/lb. His suspicion is that margin calls have also added to the recent pain in uranium stocks. You can see a breakdown by market cap too as stock selection by market cap is also a skill. 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. Rick Rule also told me that there will be a time to go all-in. Is it going to primarily be supply destruction or demand creation? 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. 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. Free yourself from absolute dependence on any one country. Maybe not, but investors who are confident of the uranium bull market thematic should hold their nerve. Did I fail to ask an important question? Rick Rule on Uranium & Platinum Stocks in 2022. which was Paladin Uranium. Ill definitely digg it and personally suggest to my friends. It's free. Rick Rule . So, this is supposed to be a simple, short and to the point video (unlike most of my other videos). See our PDF guide that will show you exactly how. Instead, because of speculative fervour, the junior uranium market exploded upwards. Is it Time to go All-in on Uranium Stocks? So he called me up and he said, Listen, we ought to be looking at this. And I said, Thats a great idea, I totally agree.. Or a neon display of its logo? Uranium Energy Corp. (AMEX:UEC) 6, Denison Mines Corp. (NYSE:DNN) 5 should be the consolidator, requires patience, Energy Fuels Inc. (NYSE:UUUU) 6, Bannerman Resources Limited (OTCPK:BNNLF) 5 tier 3 asset, NexGen Energy Ltd. (NYSE:NXE) 4 excessive G&A, tier 1 asset, remote, Deep Yellow Limited (OTCPK:DYLLF) 5, great team, likely consolidators, requires patience, key man risk, Paladin Energy Limited (OTCPK:PALAF) 5 balance sheet challenges, Boss Resources Limited (ASX:BOE) 4 great aussie juniuor name, requires patience, Cameco Corporation (NYSE:CCJ) 5 very cheap, stressed balance sheet, getting worse, Peninsula Energy Limited (OTCPK:PENMF) 7, Ur-Energy Inc. (NYSE:URG) 6, Forsys Metals Corp. (OTCPK:FOSYF) 7, Global Atomic Corporation (OTCPK:GLATF) 5, Laramide Resources Ltd. (OTCPK:LMRXF) 5, enCore Energy Corp. (OTCPK:ENCUF) no opinion, Fission Uranium Corp. (OTCPK:FCUUF) 5, requires cash, high G&A, management distracted BUT tier 1 asset, CanAlaska Uranium Ltd. (OTCPK:CVVUF) 5, Skyharbour Resources Ltd. (OTCPK:SYHBF) 7, Mega Uranium Ltd. (OTCPK:MGAFF) 5, Vimy Resources Limited (OTCPK:VMRSF) 7, IsoEnergy Ltd. (OTCPK:ISENF) 5, Toro Energy Limited (OTCPK:TOEYF) no opinion, Plateau Energy Metals Inc. (OTCPK:PLUUF) 8, Appia Energy Corp. (OTCPK:APAAF) no opinion, UEX Corporation (TSX:UEX) 6, Lotus Resources Limited (ASX:LOT) 5, GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash, Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny, uneconomic, Big jump today with Boss and Bannerman - 30%, no problem buddy, glad to help out. Antonio Atanasov is not an investment advisor. Those who listened could have made a fortune. Most of us tend not to regard taxation as theft, yet, thats exactly what it is.. In October 2016, Borshoff joined then-$10m market cap uranium explorerDYLas managing director and chief exec. Click here to download it now. It's worth mentioning that most of these grades are thus low because of their prices. And the timing was pretty good. and our Uranium's 'explosive' rally is just the start; 'You ain't seen nothing yet' says Rick Rule. Is Uranium Done Crashing or Will The FED Crash Everything Altogether? Then you have the Greens that hate nuclear, when in fact they ought to love nuclear. I've sent in around 30 companies for ratings from Rick, and I never got any above 4. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. So now is when you buy. I wanted to thank you for your time due to this fantastic read!! And when the Japanese shut down their nuclear fleet, what had been inventory became supply. Reality often varies from peoples expectations. You know rising price expectations usually support a narrative, and so thats why people try to be contrarian when its popular. Was there something wrong with what the guests said? Im talking about all commodities. Keep in mind:1.) The rankings are 1-10, with 1 being best. The information is not intended to imply any recommendation or opinion about a financial product. Ruby Design Company. Discover Rick & Rick Rule the World podcast daily stats and analytics with our detailed tracking progress charts, future predictions, sponsorships, and more. I had the chance of speaking with Rick Rule on May 9, 2022. in the last 30 days. You buying results in them making money. This bearish macro picture masks an ongoing bull market in both precious metals, and industrial materials. So its an emotional and political thing. But probably more importantly, the inventory on the market, which the market now sees as supply, goes back to being inventory. Doug Casey: A contrarian is somebody whos running against the crowd. Used by Google AdWords to re-engage visitors that are likely to convert to customers based on the visitor's online behaviour across websites. So what exactly is a contrarian? Is Rick Rule Bullish or Bearish on Uranium? The Lundin family rarely lose money. "I reduced a lot of my . Holtec claims SMR-160 can repurpose any coal-fired plant How about we put together an explorers only project. So when the deck was stacked in peoples favor, nobody cared. TIMESTAMPS:00:00 Important notice02:00 Shameless self promotion02:35 Cameco, Kazatomprom, China General Nuclear04:30 Uranium Participation \u0026 Yellow Cake07:50 Ur Energy Stock10:05 Peninsula Stock11:10 Goviex Stock12:09 Bannerman Stock13:00 Boss Resources Stock13:50 Deep Yellow Stock14:35 Baselode Stock15:30 Fission, Denison, UEX19:00 NexGen Stock22:25 Iso Energy Stock23:00 CanAlaska StockPlease understand that both me and Rick Rule have large incentives to see an increased interest and increased buying of these stocks, as that would increase their per share price, and given that, either me or Rick, own some of them, that could result in a financial stimulus for us to have a rosy view on them.In other words: The people talking in this video are biased on the stocks they're talking about because they likely own shares in them. What do you do to distinguish between them today? investment, Rating Card. So he simply bought every US stock that was selling for less than $1. With a total mine life of 17 years, that looks very economic at Rules incentive price of $US75/lb. Rick Rule is a legendary natural resource investor specializing in mining, energy, water utilities, forest products, and agriculture, and he has originated and participated in hundreds of debt and equity transactions with private, pre-public, and public companies. Im still learning from you, but Im making my way to the top as well. So what made you so confident about it? For more information, please see our The incentive price for new production of uranium with inflation in the supply chain is $US75/lb, Rule says. We can recognize it intellectually, but emotionally its hard to put the theory into practice, and now is one of those times. The minimum risk on any investment mentioned in this publication is 100% loss of capital. But today we have around 20. Bonds are in a hyper-bubble. Certainly, its their money, not my money, so I can only suggest what they do rather than tell them what to do. Rick Rule Investor and Speculator at Family office. Rule spoke to Kitco on Tuesday. Youve successfully signed in. Nick Giambruno: That leads me to my question for you, Rick. Rick Rule and I talked about whats happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Ricks stance on platinum investing in 2022. 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. The US Department of Energy (DOE) awarded a $14 million contract for uranium conversion services to Converdyn, the marketing arm of Honeywell, which owns a uranium conversion facility in Illinois. He was right, of course, and it was the start of his fortune. The stock market continues to hit new record highs. 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. I don't yet have this, and if I manage to build it, it would be in a demo portfolio - not with real money. Required fields are marked *. The information you requested is not available at this time, please check back again soon. The information you requested is not available at this time, please check back again soon. Informationen rund um die Brse zu Aktie, Fonds und ETFs. Its a pico-cap market. I'd suggest that a lot of uranium speculators would be better off doing that as well. A note about relevant advertising Nick Giambruno: It sounds like a contrarian investors dream. Unsubscribe whenever you want. Because its by far the safest and the cleanest form of mass-power generation. Thank you. Acquiring their smaller, less liquid competitors. Either the price of uranium goes up or the lights go out. So, I was ready to get some bad grades on my uranium stocks but I thought they were okay, especially given the YTD performance of uranium stocks. 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. You cant even store enough liquefied natural gas. Please tell me about it. Please understand that these are company rankings, rather than investment recommendations. Now: $26.82. Uranium Daily 2023. The price of uranium has to go up, but we dont know when. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. . Hopin is your source for engaging events and experiences. This field is for validation purposes and should be left unchanged. Valuation. Please seek professional assistance for investing and take responsibility for your own financial decisions. This means that a company will have to sink a lot of capital into that project before it can do anything with it. Therefore Dividend Earner doesn't bear any responsibility for any trading losses you might incur as a result of using this data. 00:00 important warning01:10 Are uranium stocks done crashing?06:25 Will the uranium equities outperform the spot price over the long term?11:30 Are the largest gains in uranium stocks still ahead of us or are they behind us?15:10 Are we in the 6th inning with uranium stocks?18:30 When does Rick Rule go all in?24:00 When will Rick Rule sell all of his uranium stocks?27:45 How does Rick Rule value uranium exploration stocks?35:00 Is Kazatomprom still the best risk-reward in uranium?39:00 Does sentiment in uranium matter to Rick?42:00 What matters most in uranium today?44:00 Is Rick still bullish on platinum?46:40 Is oversupply an issue for platinum?48:30 How would Rick Rule approach platinum investing?50:00 Which jurisdiction makes sense for platinum investing?52:00 Rick Rules holding a symposium. Your email address will not be published. Please tell me about it. Rick Rule on the coming commodities supercycle: Demand will exceed supply for these metals. Rick has been known to call Kazatomprom the best from a risk-reward perspective. Success! For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. Canadian Stock Coverage: 100.00%. Did I fail to ask an important question? Hi there, Youve done a great job. BRI since its first day of trading in 2011 has added several gold projects, acquired another gold company, and now has 4 million ounces of . I continue to be very attracted to conventional oil and gas, particularly in Canada where popular sentiment appears to be in favour of reversing Ottawas own goal policies with regard to Canadas energy industry. Please don't be discouraged if you find my rankings harshbecause they are! So it wasnt just they were bored with it, which is what you look for as a contrarian. Returning to the Daily Dive today is Rick Rule, the former President and CEO of Sprott US Holdings. More specifically, Core Assets and FireFox are paying customers. In early June BOE formally announced plans to rebuild the Honeymoon uranium mine in South Australia. Nick Giambruno: Doug, when we were in Vancouver, you mentioned that uranium is your top pick right now. Given that Kazatomprom has underperformed its peers and even the ETF in the last six months, I had to ask him about that as well and he said Absolutely, when I asked him in KAP is still his favorite risk-reward play. If you didn't watch the 2 videos I did discussing \"my perfect uranium portfolio\", you shouldn't because they weren't any good, but here's the gist of them:I want my uranium portfolio to look like this:30% Basics - Cornerstone (KAP, CCJ, CGN)20% Physical (UPC (soon Sprott physical, Yellowcake)20% Section 232 (Ur Energy, Energy Fuels, WUC, Peninsula)15%% Geo-political diversification (Goviex, Bannerman, Boss, Paladin, DeepYellow, GLO)10% Athabasca Basin (CCJ, Fission, Denison, Nexgen, UEX) 5% Speculations (Forsys, Marenica, Vimy)This is what my perfect uranium portfolio looks like. And the only substance that you can store sufficiently to power an industrial economy like Japan is uranium. Ricks favorite platinum jurisdiction is Brazil. What we offer. For investors, getting access to the right information is critical. Jennifer Jones Lee hosts your Friday morning Wake Up Call! When the deck was stacked solidly against them but the price action verified the narrative, people were dying to get in. Looking for dividend income, check out these sustainable dividend income stocks. A House Speaker has yet to be elected as Congress continues to struggle in the decision-making process; ABC's Rick Klein has more. But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . 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. But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . Lunch Update GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash . They are very timely, so watching this video after June 1 (when it was recorded) is possibly not a good idea. Both comments and rankings are snapshots in time subject to rapid and unannounced change based on news or market conditions. It involved oil, and not uranium, but it was a good example nonetheless. Nick Giambruno: Those are some great examples of how the uranium market is so violently cyclicalnot just in terms of the financial aspect but also the emotional aspect. 853 Opinions Unlock Rating. Not being able to decide among them, you decided to buy them all. NAC Kazatomprom JSC (KAP LON) Then: $29.40. JMM INC, Resource Talks. 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. 2016 Sprott Natural Resource Symposium. 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.
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