Hopefully he starts disclosing some of his positions in a month or so. "I reduced a lot of my . 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. Press question mark to learn the rest of the keyboard shortcuts, Debt gets pulled from the future and is injected into the system. All Rights Reserved. Uranium was really the perfect contrarian material in the late 1990s. We can recognize it intellectually, but emotionally its hard to put the theory into practice, and now is one of those times. It was the single most important financial event of my career.. 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. And the timing was pretty good. 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. Deep Yellow, which has three uranium projects in Namibia Reptile, Nova and Yellow Dune is now one of a select group of ASX uranium stocks set to enter productiononce the impending boom hits. The Trust was launched in the . What does he mean with "Consolidator" regarding Denison and deep yellow? 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. Whats changed, has changed for the better. This field is for validation purposes and should be left unchanged. Rick Rule graded my uranium stocks again. And of all the commodities, uranium is the cheapest both relative to the cost of production and relative to historical highs and lows. So, people that are participating in the uranium space need to be particularly concerned about viability. View articles by Rick Rule. 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. Canadian investors should continue wayoverweight in the high-quality Canadian oil and gas sector. The incentive price for new production of uranium with inflation in the supply chain is $US75/lb, Rule says. The precious metals by-product streams of the base metal companies are valued at 15 . What makes uranium, and not some other commodity or speculation, more compelling at this moment? Those who listened could have made a fortune. Arthur Richards "Rick" Rule IV has over 43 years of experience in natural resource investing. 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. Youve successfully subscribed to Uranium Daily. 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. . JMM INC, Resource Talks. Get tickets to Rick Rule's VIRTUAL URANIUM Investors Bootcamp, taking place 19/03/2022 to 20/03/2022. Renewed focus on decarbonization and high energy prices have rejuvenated the uranium sector. The stock market continues to hit new record highs. Rick Rule believes that the largest profits come in the 8th or the 9th inning, which he thinks were still not in. For a complete list of my holdings, please see my Dividend Portfolio. He was right, of course, and it was the start of his fortune. I loved it! Last year Rule retired from executive and management roles at Sprott. 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. Criticism and skepticism are highly welcome and help me learn. 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 fact that Rick Rule has no opinion about Encore Corp and Appia Energy Corp makes me think he wants to buy a lot more of them !!! Do your own research as none of us is a financial advisor, and we are biased. Very cool, thanks for sharing your interaction with a great mind! Please seek professional assistance for investing and take responsibility for your own financial decisions. JMM INC, Resource Talks. Comments accompany rankings where appropriate. Now, Mr. Rule thinks the uranium market has returned to sanity, while the fundamentals of the uranium market have only improved since. 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 . Ricks favorite platinum jurisdiction is Brazil. 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. Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide. Im talking about all commodities. His research is intensive, and that is why he is a trusted Global resource in the industry. Is it Time to go All-in on Uranium Stocks? 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? The Germansidiotically quite franklyare trying to go to solar, which makes no sense in northern Europe where the skies are often cloudy. Rick Rule . 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. This bearish macro picture masks an ongoing bull market in both precious metals, and industrial materials. Aktien, Aktienkurse, Devisenkurse und Whrungsrechner, Rohstoffkurse. If you want more stock ideas, check out the best dividend stocks in Canada. So what exactly is a contrarian? Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. 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. What did you see that others did not? So it was a really excellent pick. Rick Rule Talks About His Favorite Uranium Companies and His Outlook on Uranium, Uranium Contracting Speeds Up | Resource Heads Ep. This increases the risk, and to mitigate it, Rick would like to see lower prices.In previous interviews, Rick has called NexGen a \"must own uranium stock\". Performance details for the top picks by Rick Rule. Famous speculator Rick Rule is looking to pour money into uranium stocks. Read our privacy policy for more info. The comments Rick gives on the companies, however, are valuable and can be used as starting points of a research. Last year, Rick Rule, well-known mining investor and President and Founder, Rule Investment Media, said the easy money in uranium had been made. Because were all psychologically wired to be herd animals. Since nuclear power is a highly-regulated industry, it depends on what these governments do. 36:30 Rick Rule ranks a few uranium stocks 51:00 African uranium companies 57:00 Australian uranium companies 57:30 More Rick Rule rankings. 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. Wars destroyed Rome, just as theyll destroy the U.S. As you restart the Japanese nuclear fleet, first of all, you burn more and more uranium. 853 Opinions Unlock Rating. All Rights Reserved. Shortly said, yes. Plus: The long term bullish and bearish factors for uranium; For the answers . Up, Up, Down, Down: Which commodities won and lost in 2022? The much larger island of Barbados came sixth in the world rankings, partly due to the high volume of British buyers now purchasing leisure properties. 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 . Read our privacy policy for more info. He is also not yet buying, though. Shortly: you will lose all of your money if you listen to talking heads on the internet. . All Rights Reserved. I sat down with Rick Rule, CEO of Rule Investment Media and life-long mining speculator, on August 5 to talk about uranium, and uranium stocks. 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. 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. You cant even store enough liquefied natural gas. Both comments and rankings are snapshots in time subject to rapid and unannounced change based on news or market conditions. 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 . 2.) This where the psychology of investing comes into play. 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. is Kazatomprom still Rick Rules #1 uranium pick? How Big Banks and Bigger Government collude to skew the news and skewer the taxpayer. It went down to 1c then all the way to ~$10 a share, creating fortunes in the process. Im still learning from you, but Im making my way to the top as well. When the deck was stacked solidly against them but the price action verified the narrative, people were dying to get in. Canadian Stock Coverage: 100.00%. Now: $26.82. Back then, the uranium market was in the middle of a bear market that had lasted almost 20 years. 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. In fact, people hated uranium. Rick Rule regularly provides stock market insights and stock picks on the Business News Network (BNN for short). Now, such an approach was practical then, when there were only around five uranium juniors. 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. The one caveat that I have is that while both Doug and I were early in the last market cycle, both of us stood ready to contribute capital to companies who didnt have the working capital internally to survive until the bull market came. For mobile users: Menu (next to "About) > Guide, Rick Rule's Ratings of my Junior Miner Portfolio. Rick has been known to call Kazatomprom the best from a risk-reward perspective. So, Doug, why is uranium so volatile, and of course, how do we take advantage of that? These rankings are numerical, 1-10, with 1 being best. Mr. Pattanaik is an employee at Sprott Inc. and was a Geoscientist with Royal Dutch Shell before joining my team at Sprott. Get numerous opinions before taking your own decision in the end. 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. They lose $25 a pound and do it 100 million times a year. Note too, that these rankings are snapshots in time, subject to rapid change, with new news, different markets, and changing share prices. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. In fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France. A note about relevant advertising The Project Feasibility Study kicked off August 2021 and is anticipated to be completed by mid-2022. Keep in mind:1.) Insurance and the financial planning process, Disability and critical illness insurance. Thank you. . We participated in a $0 . The minimum risk on any investment mentioned in this publication is 100% loss of capital. We dont spam! We dont spam! Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. The gold market will likely be over when these factors begin to reverse. 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. January 12, 2023 | Josh Chiat, November 4, 2022 | Josh Chiat, October 27, 2022 | Josh Chiat. My "chart defined" review of Rick Rule's Uranium Miner rankings. I'm uploading it now, because as I said I'm evil, and also because it takes time to edit, etc. Rule follows 75 uranium listings world-wide, including many in Australia. In other words, when the upside was inevitable and absolutely had to happen, nobody cared. 2022 Foxiz News Network. Industrial materials markets will be led by population growth, an increase in frontier markets living standards, negative government policy decisions and decades of underinvestment. He told me that he expects the biggest profits in uranium to be in front of us rather than behind us. And I would suggest to people who are interested in speculating in the space that they understand that it could easily be 18 to 24 months from here before the market turns. Get Doug Caseys exclusive special report. again. 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. You have to go where things are cheap. Which uranium companies does Rick Rule like. Could the price of uranium go from $US48/lb to $US40/lb first?, Rule asks. Maybe not, but investors who are confident of the uranium bull market thematic should hold their nerve. {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. Also discussed is Rick's current view on uranium (5:59 . It was a little before the bottom. Of that, he has a shopping list that is limited to 12. For investors, getting access to the right information is critical. Rick Rule: Well its actually eerily similar. Managements like over-promising and under-delivering. 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. We think that maybe 50 listings in the uranium space worldwide are unviable at $US100/lb, Rule says. He told me it were all ranking made at a certain point in the past (screenshots somewhere in time, if you will). 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.. 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. So its an emotional and political thing. Supply destruction is also taking place as we speak. Rule follows 75 uranium listings world-wide, including many in Australia. So thats why it came down to uranium. See our PDF guide that will show you exactly how. Its a pico-cap market. Rick Rule, president and CEO, Rule Investment Media LLC. I watched the Wall Street Silver YouTube interview with RR. 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. 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. 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. Making the Most of Your Personal Freedom and Financial Opportunity Around the World! Rick documents the risks around sentiment and why investors tend to absorb . Tickets are available here. Both of those circumstances are occurring simultaneously. 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. Nick Giambruno: That leads me to my question for you, Rick. But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . Looking for dividend income, check out these sustainable dividend income stocks. Unlock Expert's Rating and Top Picks Portfolio. Bonds are in a hyper-bubble. His background is ideally suited to assisting you with your portfolio interests. Looking forward three or four years, new plant construction, particularly in China but really spread all around the world, is sufficient that the Japanese become less and less relevant. Heres why, Demand is assured, supply is not: Deep Yellows John Borshoff on why the uranium sector is in a broken-down state. Nick Giambruno: Doug, when we were in Vancouver, you mentioned that uranium is your top pick right now. 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. 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\". Some veterans of the last bull market were waiting for uranium companies to fall to real liquidation levels in 2020 and 2021. Get the latest stock news and insights straight to your inbox. In other words, you consume more; demand goes up. 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. 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). The minimum risk on any investment mentioned in this publication is 100% loss of capital. But probably more importantly, the inventory on the market, which the market now sees as supply, goes back to being inventory. And it turned out that 95% of themor morewere turkeys, but they were all able to fly because the wind was blowing. This means that a company will have to sink a lot of capital into that project before it can do anything with it. Today, the total cost of producing a pound of uranium is between $55 and $60. His suspicion is that margin calls have also added to the recent pain in uranium stocks. Please understand that these are company rankings, rather than investment recommendations. Antonio Atanasov owns shares of companies mentioned in this publication. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Welcome back! Lunch Update He gave me a very interesting example of a time when he went all-in on an investment. I'd imagine the same goes for DNN. Curated by Michael O'Reilly since 2020 1550+ opinions with 4.81 rating (one of the best performing expert) All Rating Big Win . Rick lives and breathes natural resources, so you better believe he didn't get his Uranium insight from an uncle at a BBQ on the weekend. Certainly, its their money, not my money, so I can only suggest what they do rather than tell them what to do.
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