Rick Rule: Gold, Oil and Gas, Coal, Water - Commodities for Now and Later
Investing News Network, Released on 5/20/22 (Recorded on 5/17/22)
*This interview was filmed on May 17, 2022
As the broader markets face volatility, what is Rick Rule doing with his money? Rule, who is a well-known investor and speculator, as well as proprietor at Rule Investment Media, said he has a shopping list ready and sees the current circumstances as an opportunity. "I'm no market forecaster, but part of me suggests this could get worse before it gets better," he said at the recent Vancouver Resource Investment Conference.
0:00 - Intro0:21 - Volatility and chances of a recession2:24 - You can't go on strike from investing3:39 - War, gold and why diversification is key6:19 - Where Rick is focusing right now8:15 - The case for coal and water11:35 - Russia, Ukraine and supply chains13:22 - Rule Symposium, July 26 to 2915:15 - Outro
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.
Rick Rule: Gold, Oil and Gas, Coal, Water - Commodities for Now and Later added by Herman James on 05/19/2022View all posts by Herman James ?+'