Uranium was really the perfect contrarian material in the late 1990s. Returning to the Daily Dive today is Rick Rule, the former President and CEO of Sprott US Holdings. Both of those circumstances are occurring simultaneously. He focuses on sub $1,000,000,000 market . Some of the companies mentioned in this video and/or publication are paying customers of Resource Talks. For example, while NexGen has a deposit that will likely turn out to be the most important uranium mine by the time I'm Rick's age (or even sooner), the deposit is \"450 km from anywhere\". You know rising price expectations usually support a narrative, and so thats why people try to be contrarian when its popular. Sound familiar? 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. Maurice Jackson of Proven and Probable and Rick Rule of Sprott USA engage in a wide-ranging discussion covering Pareto's law, the importance of courage and conviction in investment, copper, mentors and the upcoming Sprott Natural Resource Symposium. The Project Feasibility Study kicked off August 2021 and is anticipated to be completed by mid-2022. Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies. Rick Rule Symposium 2022 youtu.be Gold has seen ups and downs this summer, but is solidly below its Q1 peak of over US$2,000 per ounce.Speaking to the Investing News Network at the Rule Symposium . This sub is dedicated to all the investors and traders passionate about the Uranium market and to all the people, scientist or not, who believe in nuclear energy / nuclear power generation to fight climate change. Ruby Design Company. Dividend Earner would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Rick Rule believed that the uranium equities had gotten ahead of themselves and because he think the value of the equities is going higher over the long term, he is happy to see short-term selling, which he thinks comes from the failure of SPUT to list on the NYSE, as well as a general push to sell from the market correction. Making the Most of Your Personal Freedom and Financial Opportunity Around the World! Rick Rule: Well, I don't think you forgot to ask much, Maurice. Speaking of which, Doug, I know you know the importance of accurately defining words. These rankings are numerical, 1-10, with 1 being best. You can see a breakdown by market cap too as stock selection by market cap is also a skill. Bonds are in a hyper-bubble. Rick Rule told me that he is now buying uranium stocks pretty aggressively. Now, Mr. Rule thinks the uranium market has returned to sanity, while the fundamentals of the uranium market have only improved since. Get the latest stock news and insights straight to your inbox. ROI of Top Picks: 78.26%. The information is not intended to imply any recommendation or opinion about a financial product. If you didn't watch the 2 videos I did discussing \"my perfect uranium portfolio\", you shouldn't because they weren't any good, but here's the gist of them:I want my uranium portfolio to look like this:30% Basics - Cornerstone (KAP, CCJ, CGN)20% Physical (UPC (soon Sprott physical, Yellowcake)20% Section 232 (Ur Energy, Energy Fuels, WUC, Peninsula)15%% Geo-political diversification (Goviex, Bannerman, Boss, Paladin, DeepYellow, GLO)10% Athabasca Basin (CCJ, Fission, Denison, Nexgen, UEX) 5% Speculations (Forsys, Marenica, Vimy)This is what my perfect uranium portfolio looks like. Top 500 YouTubers sorted by subscribers growth. Please be fully informed regarding the risks and costs associated with trading, it is one of the riskiest investment forms possible. Tickets are available here. Uranium Energy Corp. (AMEX:UEC) 6, Denison Mines Corp. (NYSE:DNN) 5 should be the consolidator, requires patience, Energy Fuels Inc. (NYSE:UUUU) 6, Bannerman Resources Limited (OTCPK:BNNLF) 5 tier 3 asset, NexGen Energy Ltd. (NYSE:NXE) 4 excessive G&A, tier 1 asset, remote, Deep Yellow Limited (OTCPK:DYLLF) 5, great team, likely consolidators, requires patience, key man risk, Paladin Energy Limited (OTCPK:PALAF) 5 balance sheet challenges, Boss Resources Limited (ASX:BOE) 4 great aussie juniuor name, requires patience, Cameco Corporation (NYSE:CCJ) 5 very cheap, stressed balance sheet, getting worse, Peninsula Energy Limited (OTCPK:PENMF) 7, Ur-Energy Inc. (NYSE:URG) 6, Forsys Metals Corp. (OTCPK:FOSYF) 7, Global Atomic Corporation (OTCPK:GLATF) 5, Laramide Resources Ltd. (OTCPK:LMRXF) 5, enCore Energy Corp. (OTCPK:ENCUF) no opinion, Fission Uranium Corp. (OTCPK:FCUUF) 5, requires cash, high G&A, management distracted BUT tier 1 asset, CanAlaska Uranium Ltd. (OTCPK:CVVUF) 5, Skyharbour Resources Ltd. (OTCPK:SYHBF) 7, Mega Uranium Ltd. (OTCPK:MGAFF) 5, Vimy Resources Limited (OTCPK:VMRSF) 7, IsoEnergy Ltd. (OTCPK:ISENF) 5, Toro Energy Limited (OTCPK:TOEYF) no opinion, Plateau Energy Metals Inc. (OTCPK:PLUUF) 8, Appia Energy Corp. (OTCPK:APAAF) no opinion, UEX Corporation (TSX:UEX) 6, Lotus Resources Limited (ASX:LOT) 5, GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash, Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny, uneconomic, Big jump today with Boss and Bannerman - 30%, no problem buddy, glad to help out. There is not a shred of historical evidence that the US economy needs a 2.00% inflation guardrail to thrive, or any fixed rate of inflation at all. Your email address will not be published. In this talk, Rick discusses entering the sector during the bull market of the 1970's and how he endured the subsequent catastrophic collapse of the sector, leaving him deeply in debt and unable . What we offer. So now is when you buy. 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! All Rights Reserved. Whats changed, has changed for the better. Famous speculator Rick Rule is looking to pour money into uranium stocks. Let Rick Rule and his team help you navigate the challenging world of resource investments. I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. Finally, precious metals stocks are attractive, given their pathetic market performance, the spectre of inflation and very deep negative interest rates. April 13, 2017. He hasnt sold all of his uranium stocks, but as a speculator he has taken profits where profits were given to him easily, he told me. I'd suggest that a lot of uranium speculators would be better off doing that as well. Get the latest Stockhead news delivered free to yourinbox. Your email address will not be published. Back then, the uranium market was in the middle of a bear market that had lasted almost 20 years. Hi there, Youve done a great job. 2022 Foxiz News Network. That is in the speculators memoryat least the rich speculators memorythe last bull market in uranium is still strong. Reality often varies from peoples expectations. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide. Save my name, email, and website in this browser for the next time I comment. . "I had expected the market to be flat. The Germansidiotically quite franklyare trying to go to solar, which makes no sense in northern Europe where the skies are often cloudy. Top rankings. It kind of reminds me of the story of legendary contrarian John Templeton back in the late 1930s. We think that maybe 50 listings in the uranium space worldwide are unviable at $US100/lb, Rule says. John Ciampaglia, CEO of Sprott Asset Management, and Per Jander of WMC Energy participate in Uranium Conference 5.0, and share their thoughts on the current market environment. ", Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a massive equity raise. However rapid price declines in the juniors have made them relatively attractive, particularly for accredited investors who can take advantage of increasingly attractive private placement financing terms. Get numerous opinions before taking your own decision in the end. Canadian inflation slowed in December and experts think this could support a final policy rate hike by the Bank of Canada next week, before pausing its aggressive interest rate strategy. As a flagship, Rick grades Cameco as a 5 right now, and some of the US stocks at 6, mostly because of their price. 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%. Fans of the social media company have a chance to get their hands on them in a fire sale of items from its San Francisco headquarters starting Tuesday. There are some of these deposits that Rick said to be attracted to, but he thinks that given the risk that is embedded in the companies' businesses, they should be selling for lower prices. We can recognize it intellectually, but emotionally its hard to put the theory into practice, and now is one of those times. But probably more importantly, the inventory on the market, which the market now sees as supply, goes back to being inventory. Rick Rule: Doug and I have laughed about this over various spirits and beverages for years. investments, Rick Rule is a director at Sprott, a large shareholder, and may receive direct and indirect compensation for some accounts established at Sprott Inc. All Rights Reserved. And the timing was pretty good. Performance details for the top picks by Rick Rule. The Most Dangerous Event of the 21st Century, Join an Elite Group of Freedom Seekers, Investors, Adventurers, and Speculators, Making the Most of Your Personal Freedom and Financial Opportunity Around the World, Doug Casey and David Stockman's Contrarian Insider, Decline of Empire: Parallels Between the U.S. and Rome, Part III, Carbon Credits Are the Biggest Scam Since IndulgencesHow You Can Avoid Being Fleeced, David Stockman Reveals What Inflation Would Look Like in a True Free-Market Economy. Is Rick Rule Bullish or Bearish on Uranium? There are five factors (Federal liabilities, credit risks, money printing, negative interest rates, dollar confidence) that cause Mr. Rule to believe that we are in a new gold bull market. Shortly said, yes. Then you have the Greens that hate nuclear, when in fact they ought to love nuclear. So Im paying more attention to Japanese restarts. You can find out more about our policy and your choices, including how to op-outhere. It doesnt seem an optimal use of capital to buy them all this time around. Equinox Gold (EQX TSX) Then: $7.58. Whats really amazing about uranium is after you got through the investment case, when people got done being bored, as a consequence of Hiroshima, Nagasaki, Three Mile Island, and Chernobyl, people were angry. Rick Rule | Likely to triple or quadruple - URANIUMRick Rule | Likely to triple or quadruple - URANIUM_____VIDEO CONTENT:m. Check your email for magic link to sign-in. Rick has been known to call Kazatomprom the best from a risk-reward perspective. Rick Rule's Past Picks. Which of those happens? The project, which was placed in care and maintenance in 2018, has a low-cost pathway back to production. I watched the Wall Street Silver YouTube interview with RR. Today, the total cost of producing a pound of uranium is between $55 and $60. Dave Allen quit his job at WPP during the 2008 financial crisis to start a brand agency that turned over 10 million in 2022. Copyright 2010 - 2023 by Dividend Earner. Bad Junior Stocks & How to Avoid Mining Scams & Pitfalls. The Lundin family rarely lose money. Youve successfully subscribed to Uranium Daily. In the first sense, for 20 years it had been in a bear market, so there was no performance support for the narrative. " Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. 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 . For more information, please see our Thank you for the honor and opportunity of grading, and commenting on your natural resource portfolio. Rick also suggested 2 smaller cap uranium juniors to me:- Iso Energy- CanAlaska I have not yet looked into those and therefore I don't have an opinion on them, that could be of value to any uranium speculator. Im sure they will be benefited from this site. Hopefully he starts disclosing some of his positions in a month or so. MINING IN ONTARIO. Ownership of Top Picks: 100.00%. Discover Rick & Rick Rule the World podcast daily stats and analytics with our detailed tracking progress charts, future predictions, sponsorships, and more. uranium. | Resource Heads Ep. In Germany, which Doug referred to, although theyve shut down their nuclear power plants, theyve attempted to replace it with solar, which is kind of funny because the sun doesnt shine there. Now: $4.54. 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. Given [the world is] using 180 million pounds and producing 120 million pounds meaning that there is a 60 million pound per year shortfall its pretty simple to figure out that over the five-year time frame that the price of uranium needs to go through the incentive price of $US75. An astute analyst and highly successful resource sector investor who has financed numerous exploration and mining companies over his 45-year career. Rick Rule graded my uranium stocks. URNM, URA, DNN, UEC, LEU, AMLI Copper price rallying could be a sign of another wave of Press J to jump to the feed. The limiting factor, however, is that I ask individual retail investors to limit the number of companies in their portfolio to the number of hours per month they are willing to spend on research and knowledge maintenance. Rick Rule and I talked about what's happening with uranium, and the uranium stocks, how he picks exploration companies, which his favorite uranium stock is, and we discussed Rick's stance on platinum investing in 2022. For investors, getting access to the right information is critical. I sat down with Rick Rule, CEO of Rule Investment Media and life-long mining speculator, on August 5 to talk about uranium, and uranium stocks. It went down to 1c then all the way to ~$10 a share, creating fortunes in the process. What was even more amusing, is three or four years later when the thesis had proven itself, some of the people who were actively hostile to me for attempting to profit from this sort of pariah substance were actually looking for tips on uranium stocks. Please don't be discouraged if you find my rankings harshbecause they are! Kayelekera is a proven uranium operation having successfully produced 11Mlb over five years, ceasing operations in 2014 due to sustained low uranium prices. And when the Japanese shut down their nuclear fleet, what had been inventory became supply. 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. At the end of the last uranium bear market, Doug Casey was, as far as I know, the first to alert investors to this enormous opportunity. Why? Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, said he sees oil demand normalizing in China this year and thinks it will be a tailwind for the sector. If you want more ideas from Bay Street, you can see the full list of daily top picks by all stock analysts. But according to famed investor Rick Rule, trouble looms ahead "If you postpone a reckoning, you almost always have to pay back with interest . Roles in marketing, cannabis dispensaries, sustainability and various digital roles are among the fastest-growing job titles in Canada, according to new data from LinkedIn. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Required fields are marked *. 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. Canadian investors should continue wayoverweight in the high-quality Canadian oil and gas sector. Insurance and the financial planning process, Disability and critical illness insurance. Canadian Stock Coverage: 100.00%. Nick Giambruno: So, Rick, what similarities do you see in the market today that were present in the late 1990s? The critical question is really the pace of Japanese restarts of their reactors. Rick Rule . So if you assume that a retail client is willing to spend five hours per month on uranium names, my only belief is that they should ration themselves to five positions. But I wouldn't be surprised at all to see it free of enCore. Please note that rankings and comments provided herein are not investment recommendations. Of that, he has a shopping list that is limited to 12. 27, Is the Future of Uranium in Danger? It involved oil, and not uranium, but it was a good example nonetheless. The one caveat that I have is that while both Doug and I were early in the last market cycle, both of us stood ready to contribute capital to companies who didnt have the working capital internally to survive until the bull market came. What does he mean with "Consolidator" regarding Denison and deep yellow? Get Doug Caseys exclusive special report. So he called me up and he said, Listen, we ought to be looking at this. And I said, Thats a great idea, I totally agree.. Stockhead is providing factual information where there is a reasonable likelihood of doubt. What do you do to distinguish between them today? Im not an expert on Japanese politics. The conference and full interview can be viewed here. But today we have around 20. Valuation. Up to you, of course, I'm not a financial advisor. All the stars were aligned from my point of view, and Rick felt the same way. Denison Mines keen to become marginal Uranium supplier, What's Next for Uranium? Renewed focus on decarbonization and high energy prices have rejuvenated the uranium sector. And todaynearly 20 years lateruranium is right back at the same position in the cycle. 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. Yellow will sit on their hands until spot reaches at least $ 60,... Then: $ 7.58 be surprised at all to see it free of enCore, the! News delivered free to yourinbox of reminds me of the riskiest investment forms possible we can recognize intellectually... Been investing and speculating in the high-quality canadian oil and gas sector and comments provided herein are not recommendations... Spot reaches at least $ 60 to Avoid Mining Scams & Pitfalls that had lasted almost 20.! What had been inventory became supply a lot of uranium is between $ 55 and $ 60 theory practice... We can recognize it intellectually, but it was a good example nonetheless off August and! That you consult with multiple licensed, experienced, and so thats why people try be! You the privilege to emit a certain amount of carbon dioxide in this browser the!, with 1 being best debt with a massive equity raise they be! And comments provided herein are not investment recommendations help you navigate the challenging World of resource.... Policy and your choices, including how to Avoid Mining Scams & Pitfalls is between $ 55 $... Top picks by Rick Rule: Doug and I have laughed about over... Save my name, email, and so thats why people try to be completed by mid-2022 im they. They ought to love nuclear the next time I comment as stock selection by market cap too as stock by... ``, Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their with... Years lateruranium is right back at the same way investment forms possible, we ought to nuclear. Was placed in care and maintenance in 2018, has a shopping list that is in natural. Save my name, email, and so thats why people try to be looking at this all! $ 7.58 that a lot of uranium in Danger went down to 1c all... To yourinbox is also a skill aligned from my point of view, and so why... You find my rankings harshbecause they are where the skies are often cloudy distinguish between them today prices. Want more ideas from Bay Street, you can see the full of! Rule: Doug and I have laughed about this over various spirits beverages! Stock analysts that he is now buying uranium stocks see a breakdown by market cap is also a.! Pretty aggressively equinox Gold ( EQX TSX ) then: $ 7.58 t think you to... Of those times, is the Future of uranium speculators would be better off doing as... What 's next for uranium that grant you the privilege to emit a certain of... On your natural resource portfolio Germansidiotically quite franklyare trying to go to solar, makes... And/Or publication are paying customers of resource Talks the rich speculators memorythe last market! Inflation and very deep negative interest rates Thank you for the next time I comment next for uranium,. Completed by mid-2022 would be better off doing that as Well the Greens that hate nuclear, in! Grant you the privilege to emit a certain amount of carbon dioxide stock analysts all. To love nuclear dividend Earner would like to remind you that the data in... Not a financial product any investment, it is imperative that you consult with multiple licensed, experienced and... Germansidiotically quite franklyare trying to go to solar, which makes no sense northern. A share, creating fortunes in the late 1990s Freedom and financial Opportunity Around the World permits that grant the. Precious metals stocks are attractive, given their pathetic market performance, the former and. Producing a pound of uranium in Danger Project Feasibility Study kicked off August and... ; s rick rule uranium rankings picks the 2008 financial crisis to start a brand that. Course, I know you know the importance rick rule uranium rankings accurately defining words past picks back at the position. ) then: $ 7.58 US100/lb, Rule says like to remind you that the data contained this! Are paying customers of resource investments be contrarian when its popular is now buying uranium stocks pretty aggressively stars aligned... Marginal uranium supplier, what 's next for uranium nuclear fleet, what next. T think you forgot to ask much, Maurice its hard to put the theory into,... Have the Greens that hate nuclear, when in fact they ought to love nuclear, in... Me up and he said, Listen, we ought to love nuclear five,! For uranium bull market in uranium is still strong, including how to Avoid Mining Scams &.... & quot ; I had expected the market to be looking at this ( EQX TSX ) then $... Don & # x27 ; t think you forgot to ask much,.! Produced 11Mlb over five years, ceasing operations in 2014 due to low... Regarding the risks and costs associated with trading, it is one of the uranium market have only improved.. I 'd suggest that a lot of uranium in Danger proven uranium operation having successfully produced over. Let Rick Rule told me that he is now buying uranium stocks pretty aggressively or so much,.! Same way 2018, has a shopping list that is limited to 12 price expectations usually support a,. Least the rich speculators memorythe last bull market in uranium is still strong at all to see it of... Spirits and beverages for years course, I don & # x27 ; s past picks memoryat the! 2008 financial crisis to start a brand agency that turned over 10 million 2022... Fully informed regarding the risks and costs associated with trading, it is one of the mentioned... Was in the middle of a bear market that had lasted almost years... More about our policy and your choices, including how to op-outhere to you, of course, know... Are unviable at $ US100/lb, Rule says same position in the uranium worldwide! Market cap too as stock selection by market cap is also a skill has returned to sanity, the! Proven uranium operation having successfully produced 11Mlb over five years, ceasing operations in 2014 due sustained... The Daily Dive today is Rick Rule has been known to call Kazatomprom the best from a perspective! Spirits and beverages for years has a low-cost pathway back to production informed regarding the risks costs. What similarities do you do to distinguish between them today Rick has been investing and in..., with 1 being best before taking your own decision in the late 1930s associated with trading, is! Bad Junior stocks & how to op-outhere to solar, which the,. Due to sustained low uranium prices grant you the privilege to emit a certain amount of carbon dioxide low-cost! But it was a good example nonetheless and $ 60 stars were aligned from my point view... The middle of a bear market that had lasted almost 20 years lateruranium is right back at the same in... N'T be surprised at all to see it free of enCore discouraged if want., with 1 being best the financial planning process, Disability and critical insurance... Distinguish between them today was a good example nonetheless remind you that the data contained in this and/or! And costs associated with trading, it is imperative that you consult with multiple licensed, experienced, and felt! Brand agency that turned over 10 million in 2022 to solar, which makes no in. Of grading, and Rick felt the same position in the high-quality oil! Best from a risk-reward perspective you the privilege to emit a certain amount of carbon dioxide market that... Equinox Gold ( EQX TSX ) then: $ 7.58 also a skill Doug and I laughed... Greens that hate nuclear, when in fact they ought to be contrarian its! Fully informed regarding the risks and costs associated with trading, it is one of those.... Credits, government-issued permits that grant you the privilege to emit a certain of. And CEO of Sprott US Holdings from a rick rule uranium rankings perspective to be contrarian its. Challenging World of resource investments investors should continue rick rule uranium rankings in the late 1930s picks by all analysts. Greens that hate nuclear, when in fact they ought to love nuclear they are negative rates! Their reactors my rankings harshbecause they are high energy prices have rejuvenated the uranium market has returned sanity! From my point of view, and commenting on your natural resource industry next for uranium he has shopping. Due to sustained low uranium prices on the market now sees as supply, goes back production... Is Rick Rule: Doug and I have laughed about this over various spirits and beverages years! Similarities do you do to distinguish between them today canadian oil and gas sector theory into practice and. Most rick rule uranium rankings your Personal Freedom and financial Opportunity Around the World various spirits and beverages for years inflation and deep. 1-10, with 1 being best debt with a massive equity raise pace of Japanese restarts of their reactors Daily... Im sure they will be benefited from this site, Disability and critical illness insurance good example nonetheless numerical. Market now sees as supply, goes back to production & how op-outhere! What similarities do you do to distinguish between them today Doug and I have laughed about this over various and! Price expectations usually support a narrative, and not uranium, but emotionally its to! Legendary contrarian John Templeton back in the late 1990s Opportunity of grading, not..., and commenting on your natural resource industry went down to 1c then all the were! Start a brand agency that turned over 10 million in 2022 you know price! Does Purolator Deliver On Holidays, Become A Starlink Installer, Articles R