Rick RuleUranium is an entirely different commodity cycle, particularly as compared to gold.  The uranium price is currently at a 10 year low.  There is exceptional investor fatigue in the space, even loathing.  According to Amir Adnani, “That means it’s the ultimate contrarian play, because anything I look at in terms of the long term fundamentals is absolutely positive.”

Rick RuleShort of attending a conference or scheduling a sit down meeting with Rick Rule, the interview below is the best way to tap into his insights. In fact, this is one of the few opportunities Rick has had to tell the story of his colorful early career.  He also shares his views on where the market is heading today, and explains in detail several opportunities for investors searching for value in this environment. He illustrates what to expect in the oil and gas industry over the next year, argues for uranium, and ends with a candid chat on precious metals.

Rick RuleOne of the hardest things for a mining executive to do may be nothing.  But in a market that is not rewarding companies for pulling resources out of the ground, Sprott US Holdings Inc. CEO Rick Rule would prefer to see what he calls “optionality” rather than dilution from companies looking to justify salaries. In this interview with The Gold Report, he praises innovative precious metals streams on base metal projects and one Canadian company that is adding value and being rewarded for it.

collapse bail in“The capitulation we’ve been talking about for a couple of years is beginning to occur…
I suspect that this capitulation will be over by the end of October. And it could get MUCH WORSE before then.”