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Rick Rule of Rule Investment Media has long said Japanese reactor restarts will be key for the uranium industry. With restarts now firmly underway and other positive factors at play, he’s expecting prices for the commodity to start rising.
“I think the combination of reduced supply, increased demand and the fact that a lot of the overhang is now in private hands — not available for sale — means that you’re going to start seeing price response in the uranium market. You are also going to see a much firmer term market,” he said at the Vancouver Resource Investment Conference.
Rule also spoke about the importance of being educated on silver, a topic that will be covered in his upcoming Silver Bootcamp. (Registration link here: https://bit.ly/3Rz6O7e).
This interview was filmed on January 30, 2023.
#Investing #Uranium #Silver
0:00 – Intro
0:30 – VRIC sentiment, why Rick attends
2:28 – Uranium due for a price response
4:47 – Key uranium factor to watch
6:39 – Details on Rick’s Silver Bootcamp
10:01 – Silver gains in previous cycles
12:37 – How silver performs in a recession
15:26 – Rick’s current macro outlook
16:49 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
