Contrarian Strategies: Unlocking Maximum Value in Commodities

Rick Rule and Lobo Tiggre are both contrarians at heart and in this panel, they discuss their strategies for unlocking value in areas of the commodities market that most overlook. The duo give their current outlook on copper, silver, and uranium, along with revealing under-the-radar segments of the commodities market that the crowd hasn't yet uncovered.
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00:00 Introduction
00:34 Pre-Production Sweet Spot
07:43 Copper - Has the Train Left the Station?
18:59 Is Silver Ready to Break Out?
29:57 Ban on Russian Uranium
41:50 Under-the-Radar Commodities
#silver #copper #uranium

[@superstar5123]

so grateful for lobo and rick's insights, thank you

[@miket2916]

Rick was super serious in this video; not his usual smiling/smirking self, waaayyy less cheeky. Seems like something has been bothering him?

[@FrankODB86]

maybe newsletter sellers with shitty picks?

[@panzervalkyrie9299]

Are you on crack?

[@justfedup]

Maybe cause I got in a quarrel with him over saying a certain someone was a better investor than him! lol he lost his sh$t on me

[@sondre9056]

Alot of the sectors his in is getting some love😅

[@HML-it7te]

He read the recent Australian mainstream media reports of uranium in Australia being twice more costly than renewables (including battery storage, transmission lines etc), so a like for like comparison. Also most large and SMR (small modular reactors) take 15 years and are almost always built over budget. Personally, I’d rather coal anyday. It works without battery storage “spontaneously combusting” as the Tesla unit did down south (Victoria I think). It cost a big fortune to build that Tesla battery storage farm. I think Cerenergy have solved this “issue” with battery storage.

[@Scuba-D]

Slick Rick the Ruler & Darth Silver? Hell yea baby

[@jameswatson4865]

Loved Rick's rant on silver. Classic!

[@TheLeadsteer]

Awesome interview. Rule and Tiggre sharing so much wisdom. I'm listening to this twice.

[@malekmalek9064]

Wow this was so good. How simpel Rick explained the financebility of a mine due trough term contracts with floors,especially for a newbe like me is amazing. Thank you.

[@simonlandry9908]

Fantastic! I love the sentiment timelines for each commodity. Awesome value! Gives me lots of clarity. Thanks!

[@lucianedelaney-sp6ku]

Great guests 👏👏👏

[@amiyalon4800]

Another fantastic show! Thank you!!!

[@josephcleverdon222]

Love these guys!

[@mattbrandt9796]

Great conversation, thank you!

[@pauldichtel6410]

Thanks Jesse, Rick, and Lobo!

[@JackThomas-ls4pm]

Great interview - Lobo opened with a banger!

[@trendlinetracker3147]

Rick Rule absolutely NAILED IT toward the end ... NatGas !!!

[@user-ff5gn5ne8i]

Great video Can you analyse the aluminum sector ? Thanks

[@SaSa-fs8sb]

You can change the settings , and 2x the speed

[@akesha4138]

Let us not get ahead of ourselves. Silver may stall out this week. In the past when silver is flat to down for 5 trading sessions in a row, there is a 65% probability that it will go lower. Currently silver is flat having firm resistance at $32 after making very impressive gains over the last 2 weeks. A pullback here would be normal. After the pull back a new analysis will be needed to see if any new patterns may be discerned. Well worth watching.

[@bernardporter4589]

Very interesting statistical empirical analysis.

[@t.m.l.t.m.l.5399]

Rick mentioned nickel. I never hear anyone talk about The Metals Company. Just about everything has been done to go forward on production. (Surface Sea floor production) Seems like a game changer.

[@hliang4]

rick never miss!

[@jetflyresq]

When was this taped?

[@alfixen]

As always Rick the greatest guest you can have.

[@charleskilpatrick9704]

Really interested in aluminum as it is congealed electricity! Please feature this in the future.

[@bmmd2332]

I cared when it was 14 - 15ish! 😁😁😁 Pockets full!

[@derwaldbaer5707]

So the question in uranium remains: How do we figure out the term market? Where do we find relevant data? Any thoughts?

[@jopydopy3397]

Did Adriatic Metals start production already? They might be a 10 bagger if price continues to go up.

[@autonestegg4195]

Great show but when did you film this? silver has already gone to 32.50 and pulled back to just over $30... someone interested in timely information within the last day or so seeing that it was uploaded in the last hour or so would be left disappointed to know that the show is over a week old please State the date in which you're filming

[@user-qe2ep3hi5l]

Problem in the LT lon term contract mkt is one of transparency when linked to any particular producer. The Producers Do Not as a whole or individually disclose the particulars of their contract books.They allow the Utility NPP'S to mandate incredibly restrictive NDAs that obscure the pricing trends in the Term mkt This harms the mining stocks and the spot mkt. There is absolutely No reason that producers as sellers in a sellers mkt should agree to and sign Overly Restrictive NDAs.

[@friendlychat34]

Mitre mining on the ASX has already doubled in the past few months, an emerging silver miner that's absolutely crushing it

[@Jo-xx2rd]

Thanks guys. Its probably not possible to get any answer questions here, but, Lobo said that the new Mexican administration is not favorable to mining, but I just watched an interview from Arcadia Economics where Jorge Ganoza from Fortuna said the opposite and that they were in communication with both possible new administrations and the future either way was looking more favorable for mining. Why the polarity in opinions? Its a pretty big difference between favorable to mining and banning mining all together...

[@vricconference]

Lobo is back on the live stream today at 2pm PST/5pm EST, will ask him this question for you! Tune in live!

[@socalsilver6397]

In uranium sector ~10 years. Sprott physical trust #1 name for physical. The best North American uranium mining companies to own and profit long term are CCJ, EU, DNN, URG, UEC, NXE, UUUU. Without doing any research, Sprott Jr uranium ETF is easiest way to play: URNJ. As Rick Rule said, “The easy money has been made. The big money is yet to come”. There you go. All for 🆓. Enjoy the ride!

[@pathosattrition]

What are the chances that the observed PPSS returns are the result of survivorship bias - did you measure all the bankrupt and delisted companies, or only companies who survived?

[@023achilles]

I've been looking at the Sheinbaum situation in Mexico (candidate that 'promised' to ban open pit mining). And it seems like it is posturing. Some of the analysis I have seen suggests that it is just that political party trying to get the opposition to say something unpopular. Unpopular in the cities, mind you, not in the actual mining towns. Another thing to keep in mind, there have been TWENTY proposed constitutional amendments, and open pit mining ban is just one of them. So it seems like a shotgun approach. Or throwing spaghetti at the wall, to mix metaphors like Darth Silver.

[@davidhemsted5372]

Silver credit in grams is a very nice currency. One gram of silver is currently worth about a dollar.

[@Scuba-D]

Silver is change for gold Copper is change for silver

[@elisobolev]

I'm curious what both of them think of Helium

[@teddyedwards7242]

Rick, in his closing comments, states he has a lot of time for the word "is" vs "could" ....a recession get in the way of the nat gas bull market. Unsure if that was a bullish / opportunistic or cautionary note (?)

[@akesha4138]

Look at CXBMF and NGD which are good investments even after rising 30 to 40% over the last 2 months. Expecting both to nearly double within 12 months.

[@derwaldbaer5707]

What makes lateritic nickel deposits so environmentally devastating? Is this because of the deposit type, or is it because of the practices of those companies that mine them?

[@LUIS-633BANK]

👨🏽‍💻👍🏽

[@barrymanning6554]

Nobody calls Lobo "darth silver" except himself.

[@HML-it7te]

Uranium alert: Mainstream news reports from Australian CSIRO study into the like for like comparison of Large and small (SMR) nuclear reactors versus renewables (solar and onshore wind including battery storage and transmission lines). Bottom line, nuclear is TWICE as expensive for base load energy supply in Australia and takes 15 years to build. CSIRO is an independent organisation and has compared apples to apples. The report also noted that these plants almost always are built over budget. I missed the Uranium bull run a couple of years ago and I was looking to invest (speculate), but not now. Note, this study is for Australia, so economics elsewhere may be different, but my gut feeling is it’s not viable. Personally, I have a 30kW grid connected Solar System and returns at least 20%. After 1st July prices will be increased (as it does every year) so I expect this ROI to increase. Gold and Silver (copper likely to continue) prices to increase.

[@cathybrowning2310]

CSIRO is a government statutory authority, hardly an independent organisation. Employees are paid by the Federal Government. Security of energy supply is paramount. Australia hosts so many energy resources yet has some of the most expensive electricity in the world. There are other options than just large nuclear reactors. Suggest you do further research and also look into the costs and environmental damage done by renewables. Don't forget, Australia has some of the world's richest uranium resources which if exported, it good for the economy.

[@HML-it7te]

@@cathybrowning2310 yes, your right. Slack choice of terminology on my part, thanks for getting that clearer. The report was about costs, not just build costs, but ongoing costs.

[@martyvee1]

How much base load power will the renewables deliver after an overcast winter week with little wind? I would guess close to zero, with a lot of shivering angry customers. Hardly worthy of being called base load… Did they even consider this scenario? It can’t be rare…

[@animalsarebeautifulpeople3094]

German citizens are paying $$$$$ more than they used to thanks to the renewable energy hoax

[@animalsarebeautifulpeople3094]

​@@martyvee1renewable energy is a scam.

[@UniteAmericaUnite]

1/2 of new cars sold in China are EVs. That percentage will only increase as will EV adoption everywhere else. The opportunity in related metals is massive.

[@jameskelly9243]

Ev's are flat a d will remain such. Hybrid and hydrogen is my bet for future

[@UniteAmericaUnite]

@@jameskelly9243 Hydrogen may power plants that deliver power to EVs, but EVs win the future. Adoption isn’t flat. The entire industry is suffering from high interest rates. The Model Y was the best selling vehicle of all in ‘23. The adoption curve is through the moon. Seriously, test drive a Tesla and find out. Hybrids have too many parts and are basically ICE cars with small batteries. Traditional Automakers have less than a decade before bankruptcy.

[@sebastian6192]

@@UniteAmericaUnitego and invest accordingly. I won’t :-)

[@jeffnelson4489]

Melts in the mine not in your hand!

[@davidhemsted5372]

XA

[@pauldichtel6410]

The tin market is kind of tight.

[@ronaldmiller3619]

Wouldn't invest in mines esp in other countries.

[@fastpistonx]

If news letters got it always right, the writers would not be writing newsletters.

[@erezgeron9748]

"Mass mutual masturbation? I don't know...now let's move on to subsidies"

[@BlackSwanCapitalist]

Long before my brother and I started our KZbin channel, we've been telling people to get in the hard assets and digital currencies like xrp

[@superstar5123]

😂😂

[@jameskelly9243]

What's xrp

[@ronfesta771]

Me thinketh so many., Big Fish......stories!@!?😝🤪😉

[@dawidw.6016]

Hahaha A good one😂

[@joeyf6133]

Top silver stocks. Kuya Southern silver Apollo Silver tiger Avino

[@dawidw.6016]

Terrible choice

[@joeyf6133]

@@dawidw.6016 share your picks then …

[@alfixen]

Why not just buy silver and don't care about mines?

[@GardenDoctorKris]

Rick, I think you underestimate the power of the dollar in Indonesia coupled with the shortsightedness of the ruling class. Sadly I dont think lateritic nickel or HPAL is going away anytime soon. Quite literally becoming islands of trash!

[@martinmcdade3433]

Silvercrest Metals 100% contradictory to lobos theory. As a matter of fact SILV LOST 50% of its value to the 1st pour June 30 2022.

[@lobotiggre6432]

There are many counterexamples in the database. If it yields a positive outcome 70% of the time, by definition, 30% are losers. Doesn't change the average.

[@blondegaijin]

if your guests were stupid and boring I would mind the numerous acoustic drop-outs much less. But since they're erudite, cerebral and highly experienced the inexplicable mic problems are truly enraging. Yet great video, all the same.

[@ChasingMyRetirement]

Lobo sure is banking on a recession.

[@owebeejaun]

Rick Rule ...the most smug man i ever witnessed