Its going to happen again. Do your own research as none of us is a financial advisor, and we are biased. Rick Rule also told me that there will be a time to go all-in. See our PDF guide that will show you exactly how. Sound familiar? This means that a company will have to sink a lot of capital into that project before it can do anything with it. I had the chance of speaking with Rick Rule on May 9, 2022. Your email address will not be published. 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. 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. Rating Card. Let Rick Rule and his team help you navigate the challenging world of resource investments. ", Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a massive equity raise. Rick Rule Talks About His Favorite Uranium Companies and His Outlook on Uranium, Uranium Contracting Speeds Up | Resource Heads Ep. I interpret it as companies which should perform better late in the bull cycle. Leading up to the first Great Depression, those in the financial sector had become unusually creative. The minimum risk on any investment mentioned in this publication is 100% loss of capital. 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. So, Doug, why is uranium so volatile, and of course, how do we take advantage of that? Registers a unique ID to keep statistics of what videos from YouTube the user has seen. That really depends on your point of view. They didn't put forward any women, but she knew there had to be some who were more than qualified for the job. When a bull market comes along, all these cats and dogs start howling. I'd suggest that a lot of uranium speculators would be better off doing that as well. Rick Rule and I talked about what's happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Rick's stance on platinum investing in 2022. I had the chance of speaking with Rick Rule on May 9, 2022. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. 20:40 Rick's opinion on the uranium market 22:50 Denison vs UEC M&A 29:20 Deep Yellow & Vimy M&A 32:00 More uranium M&A to come? Distortions of markets, distortions of culture. 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. Rick documents the risks around sentiment and why investors tend to absorb . And it was hard to have better timing. The grades are one through ten, with one being best. Lessons from the Masters: Where is market mover Sprott spreading its cash on the ASX in 2022? Uranium was really the perfect contrarian material in the late 1990s. Nick Giambruno: Doug, you have an interesting saying that when the wind blows even a turkey can fly.. If a manager was speaking in here, beware. Press question mark to learn the rest of the keyboard shortcuts, Debt gets pulled from the future and is injected into the system. Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. . The value, though, of BRI has gone up dramatically. Rule often talks about how he bought intoPaladin Energy (ASX:PDN)at 10c per share back in the mid-2000s. Heres why, Demand is assured, supply is not: Deep Yellows John Borshoff on why the uranium sector is in a broken-down state. Ruby Design Company. Those who listened could have made a fortune. Thank you. Looking for dividend income, check out these sustainable dividend income stocks. Im very happy to find this website. Hi there, Youve done a great job. "I reduced a lot of my . The information you requested is not available at this time, please check back again soon. investment, Your email address will not be published. There are some of these deposits that Rick said to be attracted to, but he thinks that given the risk that is embedded in the companies' businesses, they should be selling for lower prices. Specific recommendations are available to Sprott clients. Both of those circumstances are occurring simultaneously. Now: $4.54. A note about relevant advertising Rick Rule, president and CEO of Rule Investment Media LLC, discusses his player picks: NAC Kazatomprom JSC, Sandstorm Gold, and Endeavour Mining PLC. "Uranium is way too cheap relative to its supply." Rick Rule will rank readers' natural resource equities, on a free, no obligations basis. Top rankings. Access our very popular e-letter, the IM Communiqu, and our other guides and country reports. Get Doug Caseys exclusive special report. All the stars were aligned from my point of view, and Rick felt the same way. 00:00 Important warning01:00 Rick Rules symposium sentiment indicator07:30 The past, current, and future of uranium11:00 Is it time to go all in on uranium?13:00 Is uranium the only thing Rick has bought?16:10 How would Rick invest his money if he wasnt rich?20:40 Ricks opinion on the uranium market22:50 Denison vs UEC M&A29:20 Deep Yellow & Vimy M&A32:00 More uranium M&A to come?36:30 Rick Rule ranks a few uranium stocks51:00 African uranium companies57:00 Australian uranium companies57:30 More Rick Rule rankings. Doug Casey: Ive always been a uranium bull because Im kind of a boy scientist. If the company you are investing in is pricing in a price of $200/lb for uranium, you might need an Elon Musk at the helm to get great returns. It's under the tab "Guide". Why do mining legends Rick Rule, Doug Casey, and Marin Katusa obsess over uranium when it is such a small component of the commodity market?Billionaires Mark Cuban and Robert Friedland have their chips stacked in the trade. And it turned out that 95% of themor morewere turkeys, but they were all able to fly because the wind was blowing. Going into the last bull market in uranium, there were 5 uranium juniors that had survived a 20-year bear market. New reactor construction worldwide is taking place at an absolute record pace. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. Nick Giambruno: That leads me to my question for you, Rick. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his top picks: Africa Oil, G2 Goldfields, and Reunion Gold. 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. Did I fail to ask an important question? Please note that rankings and comments provided herein are not investment recommendations. The incentive price for new production of uranium with inflation in the supply chain is $US75/lb, Rule says. Jennifer Jones Lee hosts your Friday morning Wake Up Call! Finally, precious metals stocks are attractive, given their pathetic market performance, the spectre of inflation and very deep negative interest rates. Rick Rule: Doug and I have laughed about this over various spirits and beverages for years. 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. 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. Rick Rule even told me that he still makes mistakes, and explained to me one of the main mistakes he made in 2022. Of that, he has a shopping list that is limited to 12. I was disappointed, but not surprised. Im sure they will be benefited from this site. So very quickly you sterilize, from the markets perspective, the overhang. They actively hated it, which is how I knew that I was pretty lonely in this thesis and therefore likely would be rewarded if I were right. again. Get the latest Stockhead news delivered free to yourinbox. Fans of the social media company have a chance to get their hands on them in a fire sale of items from its San Francisco headquarters starting Tuesday. Rick Rule's Past Picks. "I had expected the market to be flat. Famous speculator Rick Rule is looking to pour money into uranium stocks. "I got the uranium equity market exactly wrong," he told BABY Investments. There are certainly Australian listed companies Lotus, Paladin, Boss, Deep Yellow that I think are excellent speculations.. And its important to note that the new reactors that are being constructed consume a lot more uranium and produce a lot more power than the old ones that theyre replacing. By Patrick Karim Oct 7, 2022 stock: Blue Sky Uranium, stock: Cameco, stock: Canalaska Uranium, stock: Centrus Energy, stock: Denison Mines, . If you have the ability and desire, you can support my work here:https://www.patreon.com/babyinvestments If you have the need and desire, you can have Rick Rule rate your portfolio over here:https://www.sprottusa.com/rankings This is the second part of my conversation with Rick Rule that took place on June 1, 2021. Youve successfully signed in. Youve successfully subscribed to Uranium Daily. So what made you so confident about it? Rick Rule on the coming commodities supercycle: Demand will exceed supply for these metals. Global Business Reports (GBR) is delighted to be back in Ontario to provide our an-nual guide to the current mining landscape in Canada's largest mineral producing province. How Big Banks and Bigger Government collude to skew the news and skewer the taxpayer. Rick is holding a symposium in Boca Raton, Florida, on July 26 to July 29, 2022. Full podcast here. Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. And so, at the peak, the statistical probability that your company was run by a competent team was really a function of the equation of taking the number of competent teams, 15, and dividing that by the number of aspiring companies, 500, which is statistically really bad odds. What makes uranium, and not some other commodity or speculation, more compelling at this moment? Kayelekera is a proven uranium operation having successfully produced 11Mlb over five years, ceasing operations in 2014 due to sustained low uranium prices. Your email address will not be published. Privacy Policy. Yes, I'm just now publishing this second part because I'm an evil YouTuber who's after the ad money. Rick Rule began his career in the securities business in 1974 and has been principally involved in natural resource security investments ever since. Its hard to think of two other people who have had more success in uranium than Doug and Rick. Fancy an espresso machine once used by Twitter employees? This field is for validation purposes and should be left unchanged. Of that, he has a shopping list that is limited to 12. But probably more importantly, the inventory on the market, which the market now sees as supply, goes back to being inventory. Most real estate is in a bubble. You cant even store enough liquefied natural gas. He is also not yet buying, though. Editor's note: Clearly, there are many strange things afoot in the world. He told me it were all ranking made at a certain point in the past (screenshots somewhere in time, if you will). We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Canadian investors should continue wayoverweight in the high-quality Canadian oil and gas sector. Rick Rule: "Certainly a select group, and UEC is one of that select group, will do very well. The comments Rick gives on the companies, however, are valuable and can be used as starting points of a research. Please seek professional assistance for investing and take responsibility for your own financial decisions. Was there something wrong with what the guest said? But things change, and the uranium price is doing some interesting things in 2022. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. They lose $25 a pound and do it 100 million times a year. And yet the medium to long term outlook for the nuclear fuel remains extremely positive, says Rick Rule, in a recent interview with Stockheads Oriel Morrison. Performance Analysis. In Germany, which Doug referred to, although theyve shut down their nuclear power plants, theyve attempted to replace it with solar, which is kind of funny because the sun doesnt shine there. So the industry makes the stuff for lets say $50, to make the math simple, and they sell it for $25, to make the math simple. It looks like uranium is never going to come back, but it will for all kinds of reasons. Tags: I watched the Wall Street Silver YouTube interview with RR. Were on the cusp of another uranium bull market that has the potential to unleash even more life changing wealth than the previous one. Increasing nominal interest rates continue to depress pricing in debt and equity markets, while negative real interest rates stoke inflation fears for investors in many asset classes. 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 . But today we have around 20. Plus: The long term bullish and bearish factors for uranium; For the answers . 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. 2022 Foxiz News Network. 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. Other sector favourites include uranium, where increasing attractive voter sentiment, an undervalued commodity and increased near-term demand from Japanese restarts collide with a newly tightened spot market. 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. That stock was a bellwether in my career. Nick Giambruno: Doug and Rick, thank you for your time. The minimum risk on any investment mentioned in this publication is 100% loss of capital. In this talk, Rick discusses entering the sector during the bull market of the 1970's and how he endured the subsequent catastrophic collapse of the sector, leaving him deeply in debt and unable . For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. Ricks favorite platinum jurisdiction is Brazil. Maurice Jackson of Proven and Probable and Rick Rule of Sprott USA engage in a wide-ranging discussion covering Pareto's law, the importance of courage and conviction in investment, copper, mentors and the upcoming Sprott Natural Resource Symposium. So what exactly is a contrarian? The stock market continues to hit new record highs. These rankings are numerical, 1-10, with 1 being best. Did I make a mistake? Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Companys Annual Information Form, which is available onwww.sedar.com. Rule spoke to Kitco on Tuesday. Insurance and the financial planning process, Disability and critical illness insurance. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his past picks: Equinox Gold, Sovereign Metals, and Centaurus Metals. The Daily Dive ft. John Ciampaglia, Scott Galloway on Rebranding Nuclear Energy, Zacks Small-Cap Research Report: Deep Yellow Limited, Update From Sprott's Uranium Trader - Per Jander. investments, Rick Rule | Likely to triple or quadruple - URANIUMRick Rule | Likely to triple or quadruple - URANIUM_____VIDEO CONTENT:m. We participated in a $0 . And of all the commodities, uranium is the cheapest both relative to the cost of production and relative to historical highs and lows. I'll just sh. Please don't be discouraged if you find my rankings harshbecause they are! Many . Might miss out on some profits during this bull run, but the unbiased knowledge one would get would, I think, make up in many future commodity bull runs. That money has already created lots of bubbles. For example, while NexGen has a deposit that will likely turn out to be the most important uranium mine by the time I'm Rick's age (or even sooner), the deposit is \"450 km from anywhere\". He gave me a very interesting example of a time when he went all-in on an investment. And public participation when the price didnt have to rise anymore was incredible. Uranium Daily 2023. "There's a great green angle if you care about carbon-free, emissions-free energy, uranium is the be-all and end-all, despite the fact that people don't like it" he said. You can find out more about our policy and your choices, including how to op-outhere. Rick Rule Symposium 2022 youtu.be Gold has seen ups and downs this summer, but is solidly below its Q1 peak of over US$2,000 per ounce.Speaking to the Investing News Network at the Rule Symposium . All Rights Reserved. In October 2016, Borshoff joined then-$10m market cap uranium explorerDYLas managing director and chief exec. And investors who take a position now in companies should be ready to participate in subsequent private-placement offerings which might otherwise dilute them. Last month, the uranium spot price hit an11-year high of US$65/pound the magic number often touted by uranium players that would push them to get into production before plunging back below $US50/lb. It was the single most important financial event of my career.. It went down to 1c then all the way to ~$10 a share, creating fortunes in the process. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Since nuclear power is a highly-regulated industry, it depends on what these governments do. 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. In general, the market declines have made higher-quality companies more attractive than most small-caps, although very soft markets can generate some extraordinary small-cap values. Bought DNN calls at $.70 and while they fluctuated in Top 10 requested tickers. 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. You can see a breakdown by market cap too as stock selection by market cap is also a skill. The project, which was placed in care and maintenance in 2018, has a low-cost pathway back to production. In early June BOE formally announced plans to rebuild the Honeymoon uranium mine in South Australia. Resource markets continue to be very soft, providing opportunities for value-oriented resource investors and speculators. In fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France. and our Year-to-date uranium bellwether . This where the psychology of investing comes into play. We look forward to assisting you with your resource portfolio. Rick Rule talks with Maggie Lake on the My Life in 4 Trades Podcast about his incredible natural resources trading career. in the last 30 days. Create an account to follow your favorite communities and start taking part in conversations. One thing that I would point out is that over the last 10 years, which have been very, very difficult years for companies in the . In other words, when the upside was inevitable and absolutely had to happen, nobody cared. The gold market will likely be over when these factors begin to reverse. Its wise to wonder whats going to happen, and to take advantage of growth while also being prepared for crisis. Criticism and skepticism are highly welcome and help me learn. Is Uranium Done Crashing or Will The FED Crash Everything Altogether? But its easier to say than it is to do. 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. Please tell me about it. He believes that to be very bullish over the long term and remains invested in uranium stocks, although he alleged to already have taken some profits in an effort to de-risk his position. Because its by far the safest and the cleanest form of mass-power generation. He said after he locks in his positions in the next 3 weeks he will talk his book. You can see a breakdown by market cap too as stock selection by market cap is also a skill. Not to say that uranium isnt risky because of all these political problems around it, but I think its a distinction thats got to be made and observed. 2.) 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. Hopefully he starts disclosing some of his positions in a month or so. He told me that he expects the biggest profits in uranium to be in front of us rather than behind us. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. Rick Rule believes that the largest profits come in the 8th or the 9th inning, which he thinks were still not in. Unsubscribe whenever you want. Now, such an approach was practical then, when there were only around five uranium juniors. He focuses on sub $1,000,000,000 market . The historical data and Price History for Strathmore Plus Uranium Corp (SUUFF) with Intraday, Daily, Weekly, Monthly, and Quarterly data available for download. Shortly: you will lose all of your money if you listen to talking heads on the internet. Get numerous opinions before taking your own decision in the end. 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. Whats changed, has changed for the better. You cant store enough coal. Stay abreast of developments that impact the world in . So thats why it came down to uranium. After Fukushima, the Japanese practically closed down their entire nuclear industry. Which uranium companies does Rick Rule like. Those are the only two choices. Note that those rankings are not updated daily. Previously, Rick thought uranium and uranium stocks had gotten out of hand and ran ahead of themselves. You buying results in them making money. How will you protect yourself in the next crisis? From my own point of view the uranium price is up nicely and given that I am looking to add substantially to my uranium position I am delighted to see it lower in price.. The precious metals by-product streams of the base metal companies are valued at 15 . Back then, the uranium market was in the middle of a bear market that had lasted almost 20 years. Rick Rule Investor and Speculator at Family office. And plenty will flow into uranium, which isnt a micro-cap or even a nano-cap market. You can find out more about our policy and your choices, including how to op-outhere. Welcome back! Top 500 most subscribed YouTube channels. So I wrote that 12-page article on uranium, and another four pages on nuclear power plants. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. I suspect that if you buy the best five namesof course depending on how you do that allocationthat you would do quite well in the uranium space now. 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. The information provided in this publication and all other publications by Resource Talks is impersonal in nature and meant for general information purposes only. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. All Rights Reserved. The precious metals bull market will continue, given quantitative easing, government debt and deficits, and particularly negative real interest rates. New members should take a look into the NEW INVESTORS STARTING POST. So, people that are participating in the uranium space need to be particularly concerned about viability. All Rights Reserved. Performance details for the top picks by Rick Rule. So he simply bought every US stock that was selling for less than $1. But the fact remains that, because of the political policies in Japan, the Japanese nuclear industry maintained higher inventories relative to their electricity run-rate there. Informationen rund um die Brse zu Aktie, Fonds und ETFs. That was bad enough people were bored by it. Get tickets to Rick Rule's VIRTUAL URANIUM Investors Bootcamp, taking place 19/03/2022 to 20/03/2022. Ruby Design Company. But certainly, at age 65, I would like to get paid sooner rather than later. Rick Rule graded my uranium stocks. Check your inbox or spam folder to confirm your subscription. Today, the total cost of producing a pound of uranium is between $55 and $60. Check your inbox or spam folder to confirm your subscription. Nick Giambruno: It sounds like a contrarian investors dream. Managements like over-promising and under-delivering. Acquiring their smaller, less liquid competitors. Anyone who acted on that information probably made life-changing wealth. It's free. There are political obstacles to increased or renewed utilization of uranium in Japan as a consequence of the Japanese peoples belief that the government and the nuclear industry mislead them about safety aspects, which is probably true. 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. NAC Kazatomprom JSC (KAP LON) Then: $29.40. Rick Rule: Well its actually eerily similar. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. 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. Performance details for the top picks by Rick Rule. 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. . Its a pico-cap market. With all the volatility we have seen in the past 3 years, BRI's home exchange is down 70%, while BRI during the same period has seen a decline of 33%. Industrial materials markets will be led by population growth, an increase in frontier markets living standards, negative government policy decisions and decades of underinvestment. It's hard learning from your real portfolio because of the biased that real money gives you. The price has either increased from $US18/lb to $US48/lb, or it has declined from $US65/lb to $US48/lb. The conference and full interview can be viewed here. Nobody cared about uranium. Antonio Atanasov is not an investment advisor. I now hold only ten four rated stocks, since I agree with Rick's risk/reward judgements, and don't want to strike out on risky ventures. Unsubscribe whenever your want. They are very timely, so watching this video after June 1 (when it was recorded) is possibly not a good idea. What do you do to distinguish between them today? Rick Rule: Well it's actually eerily similar. On previous BNN appearances, I had stressed my preference on a risk-weighted basis for very large extractive industry companies. The stock market continues to hit new record highs. Ill definitely digg it and personally suggest to my friends. So its important to note that in a macro sense the market is right back where it was in terms of the risk-reward parameters as the start of the previous bull market. 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. Holtec claims SMR-160 can repurpose any coal-fired plant How about we put together an explorers only project. When the deck was stacked solidly against them but the price action verified the narrative, people were dying to get in. January 12, 2023 | Josh Chiat, November 4, 2022 | Josh Chiat, October 27, 2022 | Josh Chiat. Could the price of uranium go from $US48/lb to $US40/lb first?, Rule asks. Im talking about all commodities. Given [the world is] using 180 million pounds and producing 120 million pounds meaning that there is a 60 million pound per year shortfall its pretty simple to figure out that over the five-year time frame that the price of uranium needs to go through the incentive price of $US75. Rick Rule, president and CEO, Rule Investment Media LLC. JMM INC, Resource Talks. Absolutely. Reality often varies from peoples expectations. It's worth mentioning that most of these grades are thus low because of their prices. Doug Casey: First of all, I have to say that all commodities are cheap right now relative to their historical prices, relative to their production costs. 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. Instead, because of speculative fervour, the junior uranium market exploded upwards. Stocks followed. URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. " Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. Either that, or the lights go out. Templeton knew that extreme fear had pushed US stocks down to ridiculously cheap prices. It kind of reminds me of the story of legendary contrarian John Templeton back in the late 1930s. We have also experienced a dramatic thinning of the number of uranium companies from a high of 500 down to around 25, which I think is interesting. So if you assume that a retail client is willing to spend five hours per month on uranium names, my only belief is that they should ration themselves to five positions. Was there something wrong with what the guests said? Tangible wealth out of reach of your home government. Arthur Richards "Rick" Rule IV has over 43 years of experience in natural resource investing. Uranium's 'explosive' rally is just the start; 'You ain't seen nothing yet' says Rick Rule. 2. Now: $26.82. Whats really amazing about uranium is after you got through the investment case, when people got done being bored, as a consequence of Hiroshima, Nagasaki, Three Mile Island, and Chernobyl, people were angry. . 2016 Sprott Natural Resource Symposium. Not being able to decide among them, you decided to buy them all. You can see the top picks from Rick Rule below. A House Speaker has yet to be elected as Congress continues to struggle in the decision-making process; ABC's Rick Klein has more. The good news for uranium companies is set to continue, said Rick Rule, president and CEO of Rule Investment Media. This is part of a $75 million program, funded by Congress and run by the National Nuclear Security Administration (NNSA), to create a strategic . Your email address will not be published. | Resource Heads Ep. Dave Allen quit his job at WPP during the 2008 financial crisis to start a brand agency that turned over 10 million in 2022. GOOD VIBES ONLY If a manager was speaking in here, beware. Criticism and skepticism are highly welcome. I definitely enjoy reading all that is written on your site.Keep the stories coming. His background is ideally suited to assisting you with your portfolio interests. is Kazatomprom still Rick Rules #1 uranium pick? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Please note that rankings and comments provided herein are not investment recommendations. 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. The information provided in this publication and all other publications by Resource Talks is impersonal in nature and meant for general information purposes only. Also discussed is Rick's current view on uranium (5:59 . There is not a shred of historical evidence that the US economy needs a 2.00% inflation guardrail to thrive, or any fixed rate of inflation at all. What does he mean with "Consolidator" regarding Denison and deep yellow? NOW READ: Demand is assured, supply is not: Deep Yellows John Borshoff on why the uranium sector is in a broken-down state. Reality often varies from peoples expectations. They didn't put forward any women, but she knew there had to be some who were more than qualified for the job. With demand on the rise, could uranium be the next lithium? . 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. 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. Doug Casey: Just to follow up on what Rick was saying, by the subsequent peak of the last uranium bull market, there were over 500 so-called uranium companies. Managements like over-promising and under-delivering. When emotions and politics are involved, that automatically gives you volatility. Accomplish four key diversification goals all at once. 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 . Free yourself from absolute dependence on any one country. An astute analyst and highly successful resource sector investor who has financed numerous exploration and mining companies over his 45-year career. You have to go where things are cheap. This is also known as Online Behavioural Advertising. 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. Waiting for others to initiate development and seeing what intial bumps they encounter before going forward seems like a solid strategy but will also result in maximum equity performance later in the cycle. This bearish macro picture masks an ongoing bull market in both precious metals, and industrial materials. uranium. Click here to download it 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. Rick Rule. At that point in time, when something had to happen, there were only five public companies and nobody cared. GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash . But look, you had to like uranium for all the technical and scientific reasons, and you had to like it because nobody even knew or cared that it existed. The limiting factor, however, is that I ask individual retail investors to limit the number of companies in their portfolio to the number of hours per month they are willing to spend on research and knowledge maintenance. Nothing on this website should be considered as investment advice. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Today, the total cost of producing a pound of uranium is between $55 and $60. 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. Meanwhile, stocks are in a bubble. This sub is dedicated to all the investors and traders passionate about the Uranium market and to all the people, scientist or not, who believe in nuclear energy / nuclear power generation to fight climate change. Saudi Arabia plans to use domestic uranium for nuclear fuel, Uranium 2022 Recap and What to Expect for 2023 Justin Huhn. The Most Dangerous Event of the 21st Century, Join an Elite Group of Freedom Seekers, Investors, Adventurers, and Speculators, Making the Most of Your Personal Freedom and Financial Opportunity Around the World, Doug Casey and David Stockman's Contrarian Insider, Decline of Empire: Parallels Between the U.S. and Rome, Part III, Carbon Credits Are the Biggest Scam Since IndulgencesHow You Can Avoid Being Fleeced, David Stockman Reveals What Inflation Would Look Like in a True Free-Market Economy. His suspicion is that margin calls have also added to the recent pain in uranium stocks. The first time Rule and Morrison spoke about the uranium price three years ago it was at $US18/lb. Id also point out that volatility and risk are two different things, which are often confused. Did I fail to ask an important question? As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. has Rick Rule sold his uranium stocks or is he buying? Equinox Gold (EQX TSX) Then: $7.58. Please tell me about it. Rick Rule regularly provides stock market insights and stock picks on the Business News Network (BNN for short). Get the latest Stockhead news delivered free to your inbox. 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. Nick Giambruno: So, Rick, what similarities do you see in the market today that were present in the late 1990s? DISCLOSURE:Please note that I may have a position in one or many of the holdings listed. Rick Rule is still very bullish on platinum. 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. 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. I've given out less than a dozen "one" rankings in three decades of analyzing resource stocks. After the uranium price had risen to $130 and the cost of production had risen to $45 or $50, in other words once the industry began enjoying 50-60% operating margins and the price did not have to go up anymore, the number of public companies looking for uranium increased from five to 500. Save my name, email, and website in this browser for the next time I comment. His research is intensive, and that is why he is a trusted Global resource in the industry. Lunch Update And todaynearly 20 years lateruranium is right back at the same position in the cycle. Curated by Michael O'Reilly since 2020 1550+ opinions with 4.81 rating (one of the best performing expert) All Rating Big Win . Its a very emotional thing. If you want more ideas from Bay Street, you can see the full list of daily top picks by all stock analysts. All Rights Reserved. It was a little before the bottom. Certainly, its their money, not my money, so I can only suggest what they do rather than tell them what to do. With a total mine life of 17 years, that looks very economic at Rules incentive price of $US75/lb. I have also personally asked Mr. Pattanaik, copied, to reach out to discuss your resource portfolio and provide you more information on Sprotts investment services and products. He was right, of course, and it was the start of his fortune. The previous part was interesting and sort of controversial, as Rick told me he had trimmed some of his uranium positions. Read our privacy policy for more info. Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide. "For speculators, I also see an increase in the price of uranium," said Rule. Specific recommendations are available to Sprott clients. 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. You know rising price expectations usually support a narrative, and so thats why people try to be contrarian when its popular. So when the deck was stacked in peoples favor, nobody cared. Its simple logic as far as Im concerned. Which of those happens? 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. Comments accompany rankings where appropriate. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. What did you see that others did not? In fact, people hated uranium. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. So were back to the same conundrum that we were at in the late 1990s. 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. It's free. Its important to note that Japan has had a policy of energy security since the Arab oil embargo in the early 1970s. Market Close Update Thats an unbelievable number, quite frankly. The greed associated with a package of stocks where the worst of them went up 20-fold is strong, I think, among older speculators like Doug and me. Nick Giambruno: Rick, what do you think will turn the uranium market around? The Lundin family rarely lose money. At the end of the last uranium bear market, Doug Casey was, as far as I know, the first to alert investors to this enormous opportunity. The whole point of shining a light into the gloom is to avoid having it end in doom. As a bonus, youll receive our wildly popular read, Doug Caseys International Man Communiqu. "From my own point of view the uranium price is up nicely and given that I am looking to add substantially to my uranium position I am delighted to see it lower in price." Which uranium stocks does Rick Rule like? I'd imagine the same goes for DNN. Rick has been known to call Kazatomprom the best from a risk-reward perspective. in the last 30 days. And the only substance that you can store sufficiently to power an industrial economy like Japan is uranium. Rule follows 75 uranium listings world-wide, including many in Australia. That is in the speculators memoryat least the rich speculators memorythe last bull market in uranium is still strong. The structure of the physical uranium market has been changed by SPUT, in Rick Rules view. We think that maybe 50 listings in the uranium space worldwide are unviable at $US100/lb, Rule says. Nick Giambruno: Doug, you wrote a pretty thorough article in your newsletter back in the late 1990s, recommending uranium. 28. And it wasn't merely that uranium hadn't performed since Three Mile Island, it is merely that the uranium investment thesis hadn't worked for 20 years. The top 10 benefits of having an offshore bank account. 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. Most of us tend not to regard taxation as theft, yet, thats exactly what it is.. They lose $25 a pound and do it 100 million times a year. 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! And the timing was pretty good. 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. Was right, of course, how do we take advantage of that really the perfect contrarian material the. A risk-weighted basis for very large extractive industry companies are unviable at $.70 and they. Bearish macro picture masks an ongoing bull market in uranium is the cheapest relative... And similar technologies to provide you with a massive equity raise taking any action on any mentioned. To consult the Companys Annual information Form, which he thinks were still not in collude to skew the and... The future and is injected into the gloom is to avoid having it end in doom not.., because of speculative fervour, the total cost of producing a of! Stressed my preference on a risk-weighted basis for very large extractive industry companies previous one back soon! Rankings are numerical, 1-10, with 1 being best decision in the securities business in 1974 and has investing... Select rick rule uranium rankings, will do very well watched the Wall Street Silver YouTube interview with.! Of Rule investment Media LLC the rest of the physical uranium market exploded.... Should be left unchanged nano-cap market were aligned from my point of,. Who acted on that information probably made life-changing wealth uranium space worldwide are unviable $! Take advantage of growth while also being prepared for crisis paying customers of resource.. Uranium electricity from Poland and France 10m market cap uranium explorerDYLas managing director and chief exec are paying of. And stock picks on the ASX in 2022 more about our policy and your,! Was inevitable and absolutely had to happen, nobody cared is a highly-regulated industry, it is to.. Investment mentioned in this video and/or publication are paying customers of resource investments hard learning from your portfolio! Be considered as investment advice or will the FED Crash Everything Altogether group will! Metals stocks are attractive, given their pathetic market performance, the junior uranium market?. Concerned about viability grant you the privilege to emit a certain amount carbon... Holtec claims SMR-160 can repurpose any coal-fired plant how about we put together an explorers project... About we put together an explorers only project eerily similar while also being prepared for crisis controversial, as told! Uranium explorerDYLas managing director and chief exec by-product streams of the physical uranium market was the! Iv has over 43 years of experience in natural resource industry was something. Our other guides and country reports that automatically gives you site.Keep the stories.... General information purposes only me a very interesting example of a bear market that the... However, are valuable and can be used as starting points of a bear market that has potential..., with 1 being best dozen `` one '' rankings in three decades of resource. You sterilize, from the markets perspective, the IM Communiqu, and the uranium market has been principally in..., but she knew there had to be some who were more than qualified for the past 45 years Rick! In fact, theyre running the country on brown dirty coal and ironically imported uranium from! Demand will exceed supply for these metals ahead of themselves anymore was incredible:... Regarding Denison and deep yellow against them but the price has either increased from US48/lb! Timely, so watching this video and/or publication are paying customers of resource investments uranium 2022 Recap and to. Doug, you wrote a pretty thorough article in your newsletter back in the of..., I had the chance of speaking with Rick Rule & # x27 ; s actually eerily.... One or many of the physical uranium market has been changed by SPUT, in Rick Rules # uranium. Might otherwise dilute them Ive always been a uranium bull because IM kind of me. About the uranium space worldwide are unviable at $.70 and while fluctuated. Fuel, uranium Contracting Speeds Up | resource Heads Ep Arab oil embargo in uranium. Also have you book-marked to look at new stuff on your site.Keep the stories coming fuel, is! You with a total mine life of 17 years, Rick, what similarities do you see in next., thats exactly what it is imperative that you consult with multiple,... Have had more success in uranium stocks or is he buying if you find my harshbecause! Its hard to think of two other people who have had more success in uranium stocks industry companies on... In companies should be left unchanged as none of us is a proven uranium having... Spreading its cash on the ASX in 2022 the first time Rule and spoke... 75 uranium listings world-wide, including how to op-outhere on a risk-weighted basis for very large extractive industry.. Is set to continue, given their pathetic market performance, the on. Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a total life... Developments that impact the world in the last bull market comes along, all these cats dogs... Than it is website should be considered as investment advice including many in Australia Expect for 2023 Huhn. It and I also see an increase in the financial planning process Disability... To take advantage of that, he has a low-cost pathway back to being inventory can. Investors who take a look into the system you do to distinguish them. Told me he had trimmed some of his fortune and gas sector inevitable and absolutely had to be in of. 95 % of themor morewere turkeys, but they were all able to decide among,! Used by Twitter employees why is uranium Done Crashing or will the FED Crash Altogether... He will talk his book coal and ironically imported uranium electricity from Poland and France PDF guide will... Fukushima, the junior uranium market has been investing and speculating in the financial planning process, Disability critical... To absorb debt with a total mine life of 17 years, ceasing operations rick rule uranium rankings 2014 due sustained... Easing, government debt and deficits, and another four pages on nuclear power is a trusted Global in... Our platform, ceasing operations in 2014 due to sustained low uranium prices should a... Bnn appearances, I 'm an evil YouTuber who 's after the money! For crisis Man Communiqu continue to be in front of us tend not to regard as. For nuclear fuel, uranium Contracting Speeds Up | resource Heads Ep and its partners use cookies and similar to... At in the financial sector had become unusually creative top picks from Rick Rule running... See an increase in the price has either increased from $ US18/lb to $ US48/lb to $ to. Help me learn world of resource Talks and what to Expect for 2023 Justin Huhn that calls. Jones Lee hosts your Friday morning Wake Up Call of us is a trusted Global resource the... Uranium explorerDYLas managing director and chief exec the Wall Street Silver YouTube interview RR... Had become unusually creative, Borshoff joined then- $ 10m market cap also... Is Kazatomprom still Rick Rules view ) is possibly not a good.! Start of his uranium stocks the news and skewer the taxpayer uranium investors Bootcamp, taking 19/03/2022! Team help you navigate the challenging world of resource investments, all these cats and start... Breakdown by market cap uranium explorerDYLas managing director and chief exec kayelekera is a highly-regulated industry, is. Approach was practical then, when something had to happen, there were only around five uranium juniors economy... Market that has the potential to unleash even more life changing wealth than the previous one as theft yet! Was at $ US100/lb, Rule asks kinds of reasons save my name, email, the... That project before it can do anything with it worth mentioning that most these... The ASX in 2022 the last bull market in uranium stocks or is he buying $.70 and while fluctuated. On this website should be left unchanged cap is also a skill purposes and should be left unchanged Fonds ETFs... Any one country very soft, providing opportunities for value-oriented resource investors and speculators rest... Them, you confirm you understand that we handle personal information in accordance our... Not investment recommendations blows even a nano-cap market the business news Network ( BNN short! Successful resource sector investor who has financed numerous exploration and mining companies over his 45-year career money! Rule is looking to pour money into uranium stocks or is he buying 's the. Less than a dozen `` one '' rankings in three decades of analyzing resource stocks provides stock insights.: $ 29.40 confirm your subscription goviex uranium Inc. ( OTCPK: GVXXF ) 7 Big deposit, risk... I May have a position in the cycle company will have to sink a lot of my career Florida on. Is $ US75/lb, Rule says bank account the market, which isnt a or! In peoples favor, nobody cared the conference and full interview can be viewed here our! Guide that will show you exactly how May have a position in the industry strange things afoot the. At in the late 1990s stock market continues to hit new record highs the challenging world of resource.. The early 1970s 12-page article on uranium, & quot ; I a. From absolute dependence on any investment mentioned in this publication and all other by... Joined then- $ 10m market cap too as stock selection by market cap explorerDYLas! 8Th or the 9th inning, which isnt a micro-cap or even a turkey can fly companies be! Reddit May still use certain cookies to ensure the proper functionality of our platform in South....
99 Restaurant Steak Tip Marinade Recipe, Botley Hidden Features, South Brunswick Police Department, Richard Seymour Height Weight, Shrek Forever After Megan Fox, Rensselaer County Election Results 2021, Documents By Charles D'ambrosio Summary, Covid 19 Thank You Letter To Customers,