Gold & Commodities to Continue Higher? with Rick Rule

Interview recorded - 19th of March, 2024
On this episode of the WTFinance podcast I had the pleasure of welcoming back Rick Rule. Rick is the Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business.
During our conversation we spoke about the weaponization of the US dollar, Central Banks buying gold, gold price bonanza, whether gold could go to $8000, which commodities benefit and more!
0:00 - Introduction
1:12 - Outlook on commodity markets?
4:08 - Will India and other markets grow as fast as China?
6:29 - Which commodities benefit?
9:35 - LNG glut coming online in coming years?
12:16 - More energy required
13:26 - Nuclear to be the best performing clean energy investment?
17:23 - What impact does demand have on Uranium?
19:55 - Is nuclear the future of energy?
21:10 - What is happening in precious metals?
24:20 - Evidence of central banks buying gold?
26:17 - When will gold price go up?
28:42 - Why have Gold Miners not appreciated?
32:43 - How is Rick’s positioned?
34:15 - One message to takeaway from our conversation?
Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.
Rick Rule -
Twitter - / realrickrule
LinkedIn - / rick-rule-1058921a
Website - ruleinvestmentmedia.com/
Seminar - opptravel.zohobackstage.com/T...
WTFinance -
Instagram - / wtfinancee
Spotify - open.spotify.com/show/67rpmjG...
iTunes - podcasts.apple.com/us/podcast...
Twitter - / anthonyfatseas

[@WTFinancepodcast]

Do you agree with Rick's thoughts that Commodities and Gold could continue higher?

[@garyboehm4252]

Thanks for all your work. Always enjoy your shows.

[@justinjtv4089]

yup. got into GDX and XME about a month ago its feeling like commodities will continue.

[@richardlove4287]

Subbed thanks.

[@Matlacha_Painter]

Of course they will go higher. The fiat currency systems of all nations are the reason. Inflation makes prices go higher. Like taxes, they are on a one way street. Duh?

[@LeeuwAdelaar-xe7hh]

Ricky cowboy 👏👍👈

[@LeeuwAdelaar-xe7hh]

Gold ons 50.000 dollar silver 1000 dollar 👈👏👍

[@sumthinfresh]

If the US amps up industry commodities must go higher because the US will not accept the low prices for it's metals that are currently in the markets

[@Ruffrydertitan]

I continue to buy physical gold due to ongoing currency debasement, however precious metal stocks not my thing. For me the SP500 is best "longterm" and just let my money ride.

[@lawtutoring]

That's a good conservative strategy. Mining shares are speculative and highly volatile.

[@dorland3]

I wonder how fat Rick really is.

[@missives3894]

The mumbling... my goodness. Do speak up. Enunciate.