Rick Rule sat down with us at the Sprott Conference. He's extremely upbeat about precious metals and believes we're at the beginning of another bull market. The average such bull lasts for three years and sees advances of 300 percent or more. What will propel this one even further is the discovery of the sector by millennials. Rick believes that their refined research skills, their need to self-validate information and their risk-taking nature will secure them large gains, at least initially. Then greed and recklessness could takeover and lead to larger losses.
We also talked about AI in exploration, and the independent rogue miners who do so much damage.
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.