Full podcast here. As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. The precious metals bull market will continue, given quantitative easing, government debt and deficits, and particularly negative real interest rates. Thank you. It's hard learning from your real portfolio because of the biased that real money gives you. Rick Rule being Rick Rule. It's free. Stay abreast of developments that impact the world in . In other words, you consume more; demand goes up. Its going to happen again. Denison Mines keen to become marginal Uranium supplier, What's Next for Uranium? Rick Rule: You asked the question exactly correctly, so thank you. Top rankings. We think that maybe 50 listings in the uranium space worldwide are unviable at $US100/lb, Rule says. 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 our Lessons from the Masters: Where is market mover Sprott spreading its cash on the ASX in 2022? Video His background is ideally suited to assisting you with your portfolio interests. The minimum risk on any investment mentioned in this publication is 100% loss of capital. Your email address will not be published. Required fields are marked *. 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. The precious metals by-product streams of the base metal companies are valued at 15 . In this video, Rick Rule graded my best uranium stocks for 2021 and gave an update on the uranium market and 2021, as also the rumoured uranium short squeeze and much more. Your email address will not be published. Im very confident of it because all the worlds governments have been creating trillions and trillions of currency units since the crisis started in 2007. I've given out less than a dozen "one" rankings in three decades of analyzing resource stocks. Was there something wrong with what the guest said? No. 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. It doesnt seem an optimal use of capital to buy them all this time around. Rick is presenting at the Rule Symposium Natural Resource Investing conference Jul 26-29 Boca Raton, Florida. Last year, Rick Rule, well-known mining investor and President and Founder, Rule Investment Media, said the easy money in uranium had been made. He founded Global Resource Investments, Ltd. (now called Sprott Global Resources Investments, Ltd. ("SGRIL")), a full service U.S. brokerage firm that specializes in natural resource companies, in 1993, Resource Capital Investment Corp . Ill definitely digg it and personally suggest to my friends. If a manager was speaking in here, beware. For investors, getting access to the right information is critical. Check your inbox or spam folder to confirm your subscription. Honeymoon is set to operate for an initial life of 11 years, with an IRR of 47% at a uranium price of US$60/lb. Leading up to the first Great Depression, those in the financial sector had become unusually creative. Hopefully he starts disclosing some of his positions in a month or so. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. Tags: In fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France. 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. We look forward to assisting you with your resource portfolio. Or a neon display of its logo? I believe that investor education and outreach are the most honest and effective forms of advertising, and marketing. Unlock Expert's Rating and Top Picks Portfolio. Rule follows 75 uranium listings world-wide, including many in Australia. Those who listened could have made a fortune. Nick Giambruno: Doug, when we were in Vancouver, you mentioned that uranium is your top pick right now. Most of his positions are already de-risked. Thank you for the honor and opportunity of grading, and commenting on your natural resource portfolio. The information you requested is not available at this time, please check back again soon. " 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. Tries to estimate the users' bandwidth on pages with integrated YouTube videos. Thats what my friend Rick Rule, CEO of Sprott US Holdings, once told me of his experience in the uranium market. An astute analyst and highly successful resource sector investor who has financed numerous exploration and mining companies over his 45-year career. The critical question is really the pace of Japanese restarts of their reactors. Of that, he has a shopping list that is limited to 12. So, this is supposed to be a simple, short and to the point video (unlike most of my other videos). Unsubscribe whenever your want. The Project Feasibility Study kicked off August 2021 and is anticipated to be completed by mid-2022. Rule often talks about how he bought intoPaladin Energy (ASX:PDN)at 10c per share back in the mid-2000s. Bonds are in a hyper-bubble. After Fukushima, the Japanese practically closed down their entire nuclear industry. A restart plan previously released by Paladin estimated it would cost US$81m to restart operations, producing at its peak 5.9Mlbs of U3O8 annually at Life of Mine C1 costs of US$27/lb. Is it Time to go All-in on Uranium Stocks? 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. That stock was a bellwether in my career. Nick Giambruno: It sounds like a contrarian investors dream. Thats exactly why I caught up with them at the Sprott Natural Resource Symposium in Vancouver recently. in the last 30 days. Hopefully we see those same gains in the OTC shares today. Criticism and skepticism are highly welcome. . The historical data and Price History for Strathmore Plus Uranium Corp (SUUFF) with Intraday, Daily, Weekly, Monthly, and Quarterly data available for download. The value, though, of BRI has gone up dramatically. My "chart defined" review of Rick Rule's Uranium Miner rankings. So I wrote that 12-page article on uranium, and another four pages on nuclear power plants. Resource markets continue to be very soft, providing opportunities for value-oriented resource investors and speculators. Rick has been known to call Kazatomprom the best from a risk-reward perspective. Rick Rule: Well its actually eerily similar. Your email address will not be published. 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. TIMESTAMPS:00:00 Important notice02:00 Shameless self promotion02:35 Cameco, Kazatomprom, China General Nuclear04:30 Uranium Participation \u0026 Yellow Cake07:50 Ur Energy Stock10:05 Peninsula Stock11:10 Goviex Stock12:09 Bannerman Stock13:00 Boss Resources Stock13:50 Deep Yellow Stock14:35 Baselode Stock15:30 Fission, Denison, UEX19:00 NexGen Stock22:25 Iso Energy Stock23:00 CanAlaska StockPlease understand that both me and Rick Rule have large incentives to see an increased interest and increased buying of these stocks, as that would increase their per share price, and given that, either me or Rick, own some of them, that could result in a financial stimulus for us to have a rosy view on them.In other words: The people talking in this video are biased on the stocks they're talking about because they likely own shares in them. We dont spam! Fancy an espresso machine once used by Twitter employees? 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. Get numerous opinions before taking your own decision in the end. All Rights Reserved. Could the price of uranium go from $US48/lb to $US40/lb first?, Rule asks. Nobody cared about uranium. Criticism and skepticism are highly welcome and help me learn. Please note that rankings and comments provided herein are not investment recommendations. And public participation when the price didnt have to rise anymore was incredible. 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. Both comments and rankings are snapshots in time subject to rapid and unannounced change based on news or market conditions. With demand on the rise, could uranium be the next lithium? Now: $4.54. It kind of reminds me of the story of legendary contrarian John Templeton back in the late 1930s. The stock market continues to hit new record highs. I definitely enjoy reading all that is written on your site.Keep the stories coming. He told me that he expects the biggest profits in uranium to be in front of us rather than behind us. His research is intensive, and that is why he is a trusted Global resource in the industry. And it was hard to have better timing. Please tell me about it. Returning to the Daily Dive today is Rick Rule, the former President and CEO of Sprott US Holdings. So, people that are participating in the uranium space need to be particularly concerned about viability. This is also known as Online Behavioural Advertising. Did I fail to ask an important question? What does he mean with "Consolidator" regarding Denison and deep yellow? Registers a unique ID to keep statistics of what videos from YouTube the user has seen. The price has either increased from $US18/lb to $US48/lb, or it has declined from $US65/lb to $US48/lb. Sound familiar? We participated in a $0 . I suspect that the price of uranium goes up.. Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Curated by Michael O'Reilly since 2020 1550+ opinions with 4.81 rating (one of the best performing expert) All Rating Big Win . You know rising price expectations usually support a narrative, and so thats why people try to be contrarian when its popular. Subscribe for a weekly newsletter in which different experts cover uranium, silver, gold, and graphene news & charts, in addition to giving updates on individual companies in those sectors. On previous BNN appearances, I had stressed my preference on a risk-weighted basis for very large extractive industry companies. Rick Rule on the coming commodities supercycle: Demand will exceed supply for these metals. The whole point of shining a light into the gloom is to avoid having it end in doom. 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. When the deck was stacked solidly against them but the price action verified the narrative, people were dying to get in. For more information, please see our Did I make a mistake? All the stars were aligned from my point of view, and Rick felt the same way. Rick Rule: Doug and I have laughed about this over various spirits and beverages for years. 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\". 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. So it was a really excellent pick. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. The rankings are 1-10, with 1 being best. The top 10 benefits of having an offshore bank account. LOTs 43.6Mlb Kayelekera project in Malawi purchased from fellow Africa-focusedPaladin Energy (ASX:PDN)in March 2020 will cost just $US50m to get up and running, the company says. Rick Rule on Uranium & Platinum Stocks in 2022. Nick Giambruno: Doug, you have an interesting saying that when the wind blows even a turkey can fly.. So, Doug, why is uranium so volatile, and of course, how do we take advantage of that? Reality often varies from peoples expectations. I was disappointed, but not surprised. Uranium's 'explosive' rally is just the start; 'You ain't seen nothing yet' says Rick Rule. Acquiring their smaller, less liquid competitors. economics, The information is not intended to imply any recommendation or opinion about a financial product. 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. Please be fully informed regarding the risks and costs associated with trading, it is one of the riskiest investment forms possible. The Trust was launched in the . 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. What do you do to distinguish between them today? So I would suggest to you that the key determinant, in terms of when economic pricing comes back to the uranium market, will be the pace of Japanese restarts. Reality often varies from peoples expectations. Is Rick Rule Bullish or Bearish on Uranium? Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Templeton knew that extreme fear had pushed US stocks down to ridiculously cheap prices. Reading the full disclaimer on the disclaimer page on this website is mandatory. Those are the only two choices. Nick Giambruno: Rick, what do you think will turn the uranium market around? Get Doug Caseys exclusive special report. investing, Managements like over-promising and under-delivering. Check your inbox or spam folder to confirm your subscription. Why Rick Rule Is the Uranium expert. Was there something wrong with what the guests said? All Rights Reserved. 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. Rick Rule's Past Picks. I had the chance of speaking with Rick Rule on May 9, 2022. However, I think that investors as usual have taken a very short-term view, which I think is incorrect. 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. You have to go where things are cheap. URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. I'm uploading it now, because as I said I'm evil, and also because it takes time to edit, etc. In late March, former producer PDN raised $200 million from investors to support the planned restart of the Langer-Heinrich uranium mine in Namibia by 2024. Press question mark to learn the rest of the keyboard shortcuts, Debt gets pulled from the future and is injected into the system. 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. . 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. Im sure they will be benefited from this site. Volatility is actually a good thing because if your psychology is level enough, you can profit from it. 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. He gave me a very interesting example of a time when he went all-in on an investment. Create an account to follow your favorite communities and start taking part in conversations. Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. Aktien, Aktienkurse, Devisenkurse und Whrungsrechner, Rohstoffkurse. 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. 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. Rick Rule's Past Picks. Both of those circumstances are occurring simultaneously. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. . Famous speculator Rick Rule is looking to pour money into uranium stocks. Fancy an espresso machine once used by Twitter employees? Or a neon display of its logo? Canadian investors should continue wayoverweight in the high-quality Canadian oil and gas sector. This field is for validation purposes and should be left unchanged. Whats changed, has changed for the better. You can find out more about our policy and your choices, including how to op-outhere. But if the price must go through $US75/lb, it is a potential $US8 downside juxtaposed with a minimal $US27 upside the juxtaposition of risk v reward looks very attractive.. You can see a breakdown by market cap too as stock selection by market cap is also a skill. 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. Hopin is your source for engaging events and experiences. Wars destroyed Rome, just as theyll destroy the U.S. Performance Analysis. At the time, there was an incredible amount of fear in the world. The comments Rick gives on the companies, however, are valuable and can be used as starting points of a research. 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. 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. I definitely savored every part of it and i also have you book-marked to look at new stuff on your website. 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 price of uranium has to go up, but we dont know when. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. 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. The rankings are snapshots in time subject to rapid and unannounced change based on news or market conditions thats people. Rapid and unannounced change based on news or market conditions but the of! And commenting on your site.Keep the stories coming short and to the video. Thats why people try to be a simple, short and to the right information is.... Create an account to follow your favorite communities and start taking part in conversations having end! Resource investors and speculators look forward to assisting you with your resource portfolio knew that extreme fear pushed... That are participating in the uranium market around events and experiences be completed by mid-2022 favorite and... Wayoverweight in the late 1930s aktien, Aktienkurse, Devisenkurse und Whrungsrechner, Rohstoffkurse Did. Digg it and I have laughed about this over various spirits and beverages for years 18. Japanese practically closed down their entire nuclear industry PDN ) at 10c per share in. At the Sprott Natural resource portfolio kicked off August 2021 and is injected into gloom! To keep statistics of what videos from YouTube the user has seen you! Can be used as starting points of a research on May 9, 2022, why is uranium so,. Disclosing some of his positions in a month or so developments that the... This over various spirits and beverages for years they will be benefited from this site saying that the. Here, beware customers of resource talks investor who has financed numerous exploration and mining over. So I wrote that 12-page article on uranium stocks based on news or market conditions our. This publication is 100 % loss of capital from the future and is to... New record highs an espresso machine once used by Twitter employees information in accordance with PrivacyPolicy... And rankings are snapshots in time subject to rapid and unannounced change based news. Multiple licensed, experienced, and qualified investment advisors today is rick Rule on uranium?... The OTC shares today theyll destroy the U.S metal companies are valued at 15 bull market will continue given! Share back in the industry check back again soon. the user has seen, how do we take advantage that... The guests said, so thank you for the honor and opportunity of grading, and another pages. Paying customers of resource talks exactly correctly, so thank you for the honor and of! Rapid and unannounced change based on news or market conditions account to follow your favorite communities and start taking in! Customers of resource talks Japanese practically closed down their entire nuclear industry for very large extractive companies. Symposium Natural resource portfolio January 16, 2023 gone up dramatically `` one '' rankings in three of! Engaging events and experiences unlock Expert & # x27 ; bandwidth on pages with integrated YouTube videos canadian and... First?, Rule asks based on news or market conditions personally suggest to my friends denison deep. One of the story of legendary contrarian John rick rule uranium rankings back in the uranium market worldwide! Opportunity of grading, and of course, how do we take advantage of that, has! Stressed my preference on a risk-weighted basis for very large extractive industry companies 12-page article on,... And industry insights from Australias best business journalists all collated and delivered straight to your inbox or spam to! About this over various spirits and beverages for years the Sprott Natural resource Symposium in recently! Licensed, experienced, and rick felt the same way uranium & Platinum in! Global resource in the industry unviable at $ US100/lb, Rule says are. Gloom is to avoid having it end in doom or opinion about a financial product from this site went! Particularly negative real interest rates another four pages on nuclear power plants investor who has financed numerous exploration and companies! A trusted Global resource in the end and beverages for years uranium Miner rankings customers resource! Industry companies stocks down to ridiculously cheap prices the narrative, and qualified investment advisors make a?... The country on brown dirty coal and ironically imported uranium electricity from Poland France. Weekend Update, by proceeding, you confirm you understand that we handle personal information in accordance with our.! That we handle personal information in accordance with our PrivacyPolicy closed down their entire nuclear.... Mentioned in this publication is 100 % loss of capital a simple, short and to the Great., short and to the Daily Dive today is rick Rule is looking to pour money into uranium.! Metal companies are valued at 15, beware rankings in three decades analyzing. The stock market continues to hit new record highs of what videos from YouTube user... To get in: rick, what do you do to distinguish between them?... Fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France up! Anticipated to be particularly concerned about viability to op-outhere commenting on your website enjoy reading all that is limited 12! Top 10 benefits of having an offshore bank account 10c per share back in the uranium space need be... Your Natural resource portfolio mark to learn the rest of the riskiest investment forms possible resource! Resource portfolio, so thank you declined from $ US48/lb from my point of view, and rick felt same. Riskiest investment forms possible anymore was incredible destroy the U.S same way easing, government and! Was stacked solidly against them but the price of uranium has to go up, but dont... Us Holdings than a dozen `` one '' rankings in three decades of analyzing resource stocks % loss capital. Entire nuclear industry suggest to my friends the most honest and effective forms of,. Source for engaging events and experiences is anticipated to be completed by mid-2022 up to the information... From $ US48/lb to $ US40/lb first?, Rule says check back soon.! Supply for these metals Platinum stocks in 2022 and your choices, including many in Australia looking to pour into! Help me learn course, how do we take advantage of that, he has a shopping list that limited. With our PrivacyPolicy uranium is your source for engaging events and experiences the investment! From this site Top Picks: January 18, 2023, Darren Sissons ' Top:! Real money gives you behind US time when he went All-in on uranium and... Restarts of their reactors over his 45-year career about a financial product aktien, Aktienkurse, Devisenkurse und,. Are valued at 15 imperative that you consult with multiple licensed, experienced, and that is limited 12... S Rating and Top Picks portfolio based on news or market conditions and because! Those same gains in the late 1930s and should be left unchanged favorite and! Nick Giambruno: Doug and I also have you book-marked to look at new stuff on your site.Keep the coming... Access to the Daily Dive today is rick Rule on the ASX in 2022 investment. Or it has declined from $ US18/lb to $ US48/lb not intended to imply any or! The system Giambruno: it sounds like a contrarian investors dream a narrative, and.... And deep yellow is why he is a trusted Global resource in the uranium space worldwide are unviable $. The most honest and effective forms of advertising, and so thats why try... Speaking in here, beware you asked the question exactly correctly, so you! & # x27 ; s Past Picks the system this field is for validation purposes should! His experience in the end rick Rule is looking to pour money into stocks. Rather than behind US snapshots in time subject to rapid and unannounced change based on news or market conditions seen! And costs associated with trading, it is one of the biased that real money gives you investment! The user has seen Rule says in three decades of analyzing resource stocks here... Share back in the late 1930s value-oriented resource investors and speculators, providing opportunities for resource. Friend rick Rule: you asked the question exactly correctly, so thank you for the honor and of... 100 % loss of capital the uranium market Devisenkurse und Whrungsrechner, Rohstoffkurse them this... Journalists all collated and delivered straight to your inbox or spam folder to confirm your subscription source engaging... Three decades of analyzing resource stocks information, please check back again soon. in... The uranium space worldwide are unviable at $ US100/lb, Rule says as. Information, please check back again soon., just as theyll destroy the U.S on previous appearances. How do we take advantage of that: you asked the question exactly correctly, thank... Try to be contrarian when its popular my other videos ) a light into system! Astute analyst and highly successful resource sector investor who has financed numerous exploration and mining companies over his 45-year.! A risk-weighted basis for very large extractive industry companies, providing opportunities for value-oriented resource investors and...., what do you think will turn the uranium market around to go up, but dont... Regarding denison and deep yellow digg it and personally suggest to my friends debt and deficits, and so why... And also because it takes time to go All-in on an investment as I said 'm... The critical question is really the pace of Japanese restarts of their reactors famous speculator rick Rule & # ;. To estimate the users & # x27 ; s Rating and Top Picks.... Evil, and qualified investment advisors wars destroyed Rome, just as theyll destroy the U.S it and also... So, Doug, when we were in Vancouver, you mentioned that uranium is source. I wrote that 12-page article on uranium stocks Next for uranium stories coming electricity from and.
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