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This interview was filmed on July 28, 2022.
This Investing News Network video was sponsored by Empress Royalty. The opinions expressed by the interviewee are their own, and do not reflect the opinions of the Investing News Network or Empress Royalty. Click here to learn about Empress Royalty: https://bit.ly/3JwOE1M
Gold has seen ups and downs this summer, but is solidly below its Q1 peak of over US$2,000 per ounce. Veteran investor and speculator Rick Rule, proprietor of Rule Investment Media, said he sees the lack of interest in the yellow metal as positive.
“The fact that people are disinterested in gold, and disinterested in resources, I think is a wonderful thing because they’re on sale,” he explained. Rule also spoke about where the uranium cycle is at right now, saying he is “back to solidly bullish.”
#Investing #Gold #Uranium
0:00 – Intro
0:44 – Rick’s key takeaways from the Rule Symposium
2:11 – Thoughts on latest Fed interest rate hike
4:11 – Reckoning coming after 40 benevolent years
7:18 – Bullish gold setup Rick has only seen twice
9:47 – Where are we in the uranium cycle?
12:36 – How Rick does deals with companies
15:33 – Collapse in juniors is a buying opportunity
17:17 – Outro
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