But its easier to say than it is to do. Rule follows 75 uranium listings world-wide, including many in Australia. After Fukushima, the Japanese practically closed down their entire nuclear industry. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Could the price of uranium go from $US48/lb to $US40/lb first?, Rule asks. Nothing on this website should be considered as investment advice. I watched the Wall Street Silver YouTube interview with RR. So it was a really excellent pick. 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. The value, though, of BRI has gone up dramatically. Thank you. Last year, Rick Rule, well-known mining investor and President and Founder, Rule Investment Media, said the easy money in uranium had been made. When a bull market comes along, all these cats and dogs start howling. Why Rick Rule Is the Uranium expert. Fast-forwarding to today, in the 20 or 25 companies that either are or allege to be in the uranium business, there is still an unusually-high proportion of good management teams relative to numbers of listings, at least if you compare it to the rest of the mining sector. Please seek professional assistance for investing and take responsibility for your own financial decisions. But probably more importantly, the inventory on the market, which the market now sees as supply, goes back to being inventory. Hopin is your source for engaging events and experiences. The incentive price for new production of uranium with inflation in the supply chain is $US75/lb, Rule says. "For speculators, I also see an increase in the price of uranium," said Rule. Either the price of uranium goes up or the lights go out. From my own point of view the uranium price is up nicely and given that I am looking to add substantially to my uranium position I am delighted to see it lower in price.. You had to like it because there were only about five uranium mining companies in the world at that time. Specific recommendations are available to Sprott clients. 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. AND TORONTO'S GLOBAL REACH 2020. Tickets are available here. The gold market will likely be over when these factors begin to reverse. The stock market continues to hit new record highs. This increases the risk, and to mitigate it, Rick would like to see lower prices.In previous interviews, Rick has called NexGen a \"must own uranium stock\". And of all the commodities, uranium is the cheapest both relative to the cost of production and relative to historical highs and lows. Get the latest Stockhead news delivered free to yourinbox. In fact, people hated uranium. Therefore Dividend Earner doesn't bear any responsibility for any trading losses you might incur as a result of using this data. It's free. The Daily Dive ft. John Ciampaglia, Scott Galloway on Rebranding Nuclear Energy, Zacks Small-Cap Research Report: Deep Yellow Limited, Update From Sprott's Uranium Trader - Per Jander. Your email address will not be published. Read our privacy policy for more info. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. Not to say that uranium isnt risky because of all these political problems around it, but I think its a distinction thats got to be made and observed. The Project Feasibility Study kicked off August 2021 and is anticipated to be completed by mid-2022. It kind of reminds me of the story of legendary contrarian John Templeton back in the late 1930s. When it comes down to picking exploration stocks, Rick told me that you make money by employing new ideas in old places or old ideas in new places, but never by employing old ideas in old places. Antonio Atanasov owns shares of companies mentioned in this publication. In general, the market declines have made higher-quality companies more attractive than most small-caps, although very soft markets can generate some extraordinary small-cap values. 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. Specific recommendations are available to Sprott clients. Do remember that these grades are one person's opinion and shouldn't change yours. Privacy Policy. I now hold only ten four rated stocks, since I agree with Rick's risk/reward judgements, and don't want to strike out on risky ventures. Rick Rule told me that he is now buying uranium stocks pretty aggressively. They didn't put forward any women, but she knew there had to be some who were more than qualified for the job. Instead, because of speculative fervour, the junior uranium market exploded upwards. Rick Rule is still very bullish on platinum. Palisade's top 3 uranium stock picks for 2017 Feb. 7, 2017, 3:16 PM / Uranium Stocks TOPICS - Palisade Research - Uranium. Also discussed is Rick's current view on uranium (5:59 . URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. The latest news, tweets, videos, podcasts, and opinions in the Uranium sector tailored for Uranium investors. And so, at the peak, the statistical probability that your company was run by a competent team was really a function of the equation of taking the number of competent teams, 15, and dividing that by the number of aspiring companies, 500, which is statistically really bad odds. 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! Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide. And its important to note that the new reactors that are being constructed consume a lot more uranium and produce a lot more power than the old ones that theyre replacing. Rick Rule Investor and Speculator at Family office. Unsubscribe whenever your want. Please understand that these are company rankings, rather than investment recommendations. Canadian Stock Coverage: 100.00%. Morning Update But certainly, at age 65, I would like to get paid sooner rather than later. A major shareholder of Ritchie Bros. Auctioneers Inc. filed with the U.S. Securities and Exchange Commission (SEC) Wednesday in opposition to its proposed takeover of IAA Inc., an auto parts auction company. Deep Yellow, which has three uranium projects in Namibia Reptile, Nova and Yellow Dune is now one of a select group of ASX uranium stocks set to enter productiononce the impending boom hits. Aktienanalysen - finanzen.net Acquiring their smaller, less liquid competitors. Complete the form below and we'll send you Rick's Rankings of your . 80783-80808 (out of 133119) Get breaking news, analyses and insights on world affairs and politics, along with multimedia, at IBTimes.com. A major shareholder of Ritchie Bros. Auctioneers Inc. filed with the U.S. Securities and Exchange Commission (SEC) Wednesday in opposition to its proposed takeover of IAA Inc., an auto parts auction company. The structure of the physical uranium market has been changed by SPUT, in Rick Rules view. Meanwhile, stocks are in a bubble. "Uranium is way too cheap relative to its supply." Rick Rule will rank readers' natural resource equities, on a free, no obligations basis. 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. Unlock Expert's Rating and Top Picks Portfolio. After the uranium price had risen to $130 and the cost of production had risen to $45 or $50, in other words once the industry began enjoying 50-60% operating margins and the price did not have to go up anymore, the number of public companies looking for uranium increased from five to 500. It looks like uranium is never going to come back, but it will for all kinds of reasons. Then you have the Greens that hate nuclear, when in fact they ought to love nuclear. So the industry makes the stuff for let's say $50, to make the math simple, and they sell it for $25, to make the math simple. Get the latest stock news and insights straight to your inbox. Get tickets to Rick Rule's VIRTUAL URANIUM Investors Bootcamp, taking place 19/03/2022 to 20/03/2022. And yet the medium to long term outlook for the nuclear fuel remains extremely positive, says Rick Rule, in a recent interview with Stockheads Oriel Morrison. Ill definitely digg it and personally suggest to my friends. Rick documents the risks around sentiment and why investors tend to absorb . Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. It's hard learning from your real portfolio because of the biased that real money gives you. Nick Giambruno: Doug and Rick, thank you for your time. Rick is holding a symposium in Boca Raton, Florida, on July 26 to July 29, 2022. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his past picks: Equinox Gold, Sovereign Metals, and Centaurus Metals. In February this year, a PFS was completed on a Langer-Heinrich-style 3mlb per annum open-pit mining operation at the Tumas project at Reptile. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. That was bad enough people were bored by it. Boss flagged the final investment decision in March with a $125 million share placement which, along with a strategic uranium stockpile of 1.25Mlb worth an estimated US$59.38m, should help fund it into production. Was there something wrong with what the guests said? I loved it! As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. Managements like over-promising and under-delivering. ", Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a massive equity raise. {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. Rick Rule, Frank Holmes, Brent Cook and Peter Spina shared their top stock picks at this year's Vancouver Resource Investment Conference. Ruby Design Company. 2022 Foxiz News Network. Or a neon display of its logo? With all the volatility we have seen in the past 3 years, BRI's home exchange is down 70%, while BRI during the same period has seen a decline of 33%. Rick Rule on Uranium & Platinum Stocks in 2022. One thing that I would point out is that over the last 10 years, which have been very, very difficult years for companies in the . Youve successfully signed in. In short, Rick is taking a long view on a resource that could help solve what will soon be a global energy crisis. Maybe not, but investors who are confident of the uranium bull market thematic should hold their nerve. 00:00 Important warning01:00 Rick Rules symposium sentiment indicator07:30 The past, current, and future of uranium11:00 Is it time to go all in on uranium?13:00 Is uranium the only thing Rick has bought?16:10 How would Rick invest his money if he wasnt rich?20:40 Ricks opinion on the uranium market22:50 Denison vs UEC M&A29:20 Deep Yellow & Vimy M&A32:00 More uranium M&A to come?36:30 Rick Rule ranks a few uranium stocks51:00 African uranium companies57:00 Australian uranium companies57:30 More Rick Rule rankings. Distortions of markets, distortions of culture. I interpret it as companies which should perform better late in the bull cycle. I'd imagine the same goes for DNN. Rick is presenting at the Rule Symposium Natural Resource Investing conference Jul 26-29 Boca Raton, Florida. January 12, 2023 | Josh Chiat, November 4, 2022 | Josh Chiat, October 27, 2022 | Josh Chiat. You buying results in them making money. I suspect that the price of uranium goes up.. Required fields are marked *. Its important to note that Japan has had a policy of energy security since the Arab oil embargo in the early 1970s. So from the political perspective of Japan, nuclear is an important part of their energy future. But look, you had to like uranium for all the technical and scientific reasons, and you had to like it because nobody even knew or cared that it existed. 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. Interesting as always when I see how they rank! The minimum risk on any investment mentioned in this publication is 100% loss of capital. You can see a breakdown by market cap too as stock selection by market cap is also a skill. 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. The information on this website is provided for educational purposes only. So that whole category interests me. Boss plans to be in production by the fourth quarter of 2023 with a three-year ramp-up to its full production rate, timed for a looming nuclear supply shortage expected from 2024. All Rights Reserved. 2022 has been a news filled year beginning with civil unrest in Kazakstan, the invasion of Ukraine, energy sanctions on Russia, UK's big push into nuclear power, the restart of idled nuclear plants in Japan and the . We can recognize it intellectually, but emotionally its hard to put the theory into practice, and now is one of those times. 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. Very cool, thanks for sharing your interaction with a great mind! Why do mining legends Rick Rule, Doug Casey, and Marin Katusa obsess over uranium when it is such a small component of the commodity market?Billionaires Mark Cuban and Robert Friedland have their chips stacked in the trade. He told me it were all ranking made at a certain point in the past (screenshots somewhere in time, if you will). Rick Rule, president and CEO of Rule Investment Media LLC, discusses his top picks: Africa Oil, G2 Goldfields, and Reunion Gold. is Kazatomprom still Rick Rules #1 uranium pick? For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. He gave me a very interesting example of a time when he went all-in on an investment. Certainly, its their money, not my money, so I can only suggest what they do rather than tell them what to do. Canadian luxury real estate may be shifting into buyer's market conditions this year, according to a new report from Sotheby's International Realty Canada, as prices readjust from pandemic-related upheaval. Nick Giambruno: Doug, you have an interesting saying that when the wind blows even a turkey can fly..
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