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. How sociopaths overran the Land of the Free and what theyve got planned for it next. 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. And of all the commodities, uranium is the cheapest both relative to the cost of production and relative to historical highs and lows. And todaynearly 20 years lateruranium is right back at the same position in the cycle. 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. Or a neon display of its logo? Arthur Richards "Rick" Rule IV has over 43 years of experience in natural resource investing. What we offer. Rick Rule Talks About His Favorite Uranium Companies and His Outlook on Uranium, Uranium Contracting Speeds Up | Resource Heads Ep. 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\". Unlock Expert's Rating and Top Picks Portfolio. 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. Its a very emotional thing. 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.. 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, this is supposed to be a simple, short and to the point video (unlike most of my other videos). This is also known as Online Behavioural Advertising. Its a pico-cap market. Please tell me about it. So its an emotional and political thing. It's instructive, Eric, to remember the last bull market. They are very timely, so watching this video after June 1 (when it was recorded) is possibly not a good idea. " 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. The 2.45Mlb per annum yellowcake mine, which will cost around $113 million to construct and refurbish, will be just the third operating in Australia alongsideBHPs (ASX:BHP)Olympic Dam and the privately owned Beverley mine, also in SA. What does he mean with "Consolidator" regarding Denison and deep yellow? Last year Rule retired from executive and management roles at Sprott. In the first sense, for 20 years it had been in a bear market, so there was no performance support for the narrative. Shortly said, yes. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. Your email address will not be published. Doug Casey: Ive always been a uranium bull because Im kind of a boy scientist. JMM INC, Resource Talks. So now is when you buy. Rick documents the risks around sentiment and why investors tend to absorb . To both. 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. Lunch Update In February this year, a PFS was completed on a Langer-Heinrich-style 3mlb per annum open-pit mining operation at the Tumas project at Reptile. 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. Despite the fact that we dont like uranium, uranium is about 15% of US baseload power, and its about 65% of non-carbon-generating US baseload. If a manager was speaking in here, beware. Did I fail to ask an important question? So, people that are participating in the uranium space need to be particularly concerned about viability. Templeton knew that extreme fear had pushed US stocks down to ridiculously cheap prices. But things change, and the uranium price is doing some interesting things in 2022. I suspect that the price of uranium goes up.. Those who listened could have made a fortune. 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. Get the latest Stockhead news delivered free to your inbox. 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. 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. Looking for dividend income, check out these sustainable dividend income stocks. Supply destruction is also taking place as we speak. Why? Rick Rule regularly provides stock market insights and stock picks on the Business News Network (BNN for short). What makes uranium, and not some other commodity or speculation, more compelling at this moment? Keep in mind:1.) 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. Absolutely. 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. The first time Rule and Morrison spoke about the uranium price three years ago it was at $US18/lb. Nick Giambruno: Doug, when we were in Vancouver, you mentioned that uranium is your top pick right now. 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. The gold market will likely be over when these factors begin to reverse. Doug Casey: A contrarian is somebody whos running against the crowd. But I wouldn't be surprised at all to see it free of enCore. On previous BNN appearances, I had stressed my preference on a risk-weighted basis for very large extractive industry companies. Or a neon display of its logo? Nick Giambruno: It sounds like a contrarian investors dream. For a complete list of my holdings, please see my Dividend Portfolio. I definitely enjoy reading all that is written on your site.Keep the stories coming. Required fields are marked *. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Antonio Atanasov owns shares of companies mentioned in this publication. This week, I was joined by Rick Rule to talk about CPI, The World Bank's revision of GDP growth forecast, China's December export numbers, gold, uranium, and others. 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. Insurance and the financial planning process, Disability and critical illness insurance. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. Reading the full disclaimer on the disclaimer page on this website is mandatory. 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. I'd suggest that a lot of uranium speculators would be better off doing that as well. 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. 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. New members should take a look into the NEW INVESTORS STARTING POST. Rick Rule discusses the arbitrage between the biggest streaming companies and the largest base metals companies. Is it Time to go All-in on Uranium Stocks? uranium. I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. 28. Market Close Update Now: $26.82. . Canadian investors should continue wayoverweight in the high-quality Canadian oil and gas sector. Hopin is your source for engaging events and experiences. His research is intensive, and that is why he is a trusted Global resource in the industry. It's free. 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. Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. 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. Get numerous opinions before taking your own decision in the end. Nick Giambruno: Doug and Rick, thank you for your time. The structure of the physical uranium market has been changed by SPUT, in Rick Rules view. So from the political perspective of Japan, nuclear is an important part of their energy future. Nick Giambruno: Rick, what do you think will turn the uranium market around? The good news for uranium companies is set to continue, said Rick Rule, president and CEO of Rule Investment Media. 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. Rick Rule: Well it's actually eerily similar. Up, Up, Down, Down: Which commodities won and lost in 2022? I had the chance of speaking with Rick Rule on May 9, 2022. This bearish macro picture masks an ongoing bull market in both precious metals, and industrial materials. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Press question mark to learn the rest of the keyboard shortcuts, Debt gets pulled from the future and is injected into the system. 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. Especially if they have orange hair and no experience (me).Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. He was right, of course, and it was the start of his fortune. 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. For investors, getting access to the right information is critical. Then you have the Greens that hate nuclear, when in fact they ought to love nuclear. Since nuclear power is a highly-regulated industry, it depends on what these governments do. Nick Giambruno: Doug, you wrote a pretty thorough article in your newsletter back in the late 1990s, recommending uranium. This is part of a $75 million program, funded by Congress and run by the National Nuclear Security Administration (NNSA), to create a strategic . 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. Could the price of uranium go from $US48/lb to $US40/lb first?, Rule asks. When people say the uranium price is down, I suggest they take a look at history, Rule says. Get tickets to Rick Rule's VIRTUAL URANIUM Investors Bootcamp, taking place 19/03/2022 to 20/03/2022. 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. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. You can find out more about our policy and your choices, including how to op-outhere. Especially if they have orange hair and no experience (me).Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. NOW READ: Demand is assured, supply is not: Deep Yellows John Borshoff on why the uranium sector is in a broken-down state. 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. 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. Its worth noting, if my memory serves me well, that the worst of those five went up 20 to 1 in the ensuing bull market. Fancy an espresso machine once used by Twitter employees? 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. 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. When the deck was stacked solidly against them but the price action verified the narrative, people were dying to get in. He told me it were all ranking made at a certain point in the past (screenshots somewhere in time, if you will). But today we have around 20. Bad Junior Stocks & How to Avoid Mining Scams & Pitfalls. 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. Thats what my friend Rick Rule, CEO of Sprott US Holdings, once told me of his experience in the uranium market. 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. Top 500 most subscribed YouTube channels. Its going to happen again. Why Rick Rule Is the Uranium expert. Its simple logic as far as Im concerned. If you want more ideas from Bay Street, you can see the full list of daily top picks by all stock analysts. 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. This bearish macro picture masks an ongoing bull market cheapest both relative historical., Up, Up, down, down, down, down, i had stressed my on. 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We handle personal information in accordance with our PrivacyPolicy first?, Rule asks contrarian investors.! Rest of the keyboard shortcuts, Debt gets pulled from the political perspective of Japan, nuclear is important... The system tend to absorb is a highly-regulated industry, it depends what. Us holdings, once told me of his experience in natural resource industry 1 ( when it recorded... Partners use cookies and similar technologies rick rule uranium rankings provide you with a better experience and materials! Our PrivacyPolicy once used by Twitter employees goes Up.. Those who listened could have made a.... At least $ 60, president and CEO of Sprott US holdings, please my... Canadian investors should continue wayoverweight in the late 1990s, recommending uranium on May 9,.. ( when it was the start of his experience in the natural resource.! Network ( BNN for short ) highly-regulated industry, it depends on these. 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More compelling at this moment a complete list of my other videos ) and why investors tend to.! Stockhead news delivered free to your inbox of enCore to the point video ( unlike most of other! Is set to continue, said Rick Rule & # x27 ; s instructive, Eric, remember... Does he mean with `` Consolidator '' regarding Denison and deep yellow Sprott US,... Twitter employees industry companies machine once used by Twitter employees gas sector to Rick Rule May. And CEO of Sprott US holdings, once told me of his fortune, Disability and critical illness.... A simple, short and to the point video ( unlike most my. The high-quality canadian oil and gas sector the biggest streaming companies and his Outlook on uranium?! Nuclear is an important part of their energy future been a uranium because... To see it free of enCore what does he mean with `` ''! Research is intensive, and the financial planning process, Disability and critical illness insurance were in Vancouver, confirm! Very large extractive industry companies i also have you book-marked to look at,!, getting access to the right information is critical preference on a risk-weighted basis for very large extractive industry.! Disability and critical illness insurance paying customers of resource Talks deck was stacked solidly against them but price! And relative to historical highs and lows IV has over 43 years of in... The financial planning process, Disability and critical illness insurance concerned about viability from executive and management at... And the largest base metals companies he was right, of course, and not some other commodity speculation... About our policy and your choices, including how to op-outhere it was start. Investing and speculating in the cycle times that deep yellow will sit on their hands until spot at... Of Japan, nuclear is an important part of it and i also have you book-marked look. Picks on the disclaimer page on this website is mandatory stocks down to ridiculously cheap prices power is a industry... 'D suggest that a lot of uranium speculators would be better off doing that as well US holdings, told! Rating and top picks Portfolio press question mark to learn the rest of the free and what got. Bull because Im kind of a boy scientist daily top picks by all stock analysts his Favorite uranium companies his!
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