Rick Rule Explains Why Micro-Cap Gold Juniors Are Moving Earlier in This Bull Market

In this interview Rick Rule, president and CEO of Sprott U.S. Holdings, shares investing insights learned over his four decades of success in the natural resource sector. He addresses Warren Buffett’s move into gold stocks and exit out of some U.S. bank stocks. Rick explains why many micro-cap gold juniors are moving earlier in this bull market compared to past gold up-cycles. He discusses his outlook for copper and industrial metals as well as reflects on his key takeaways from the recently-concluded 2020 Sprott Natural Resource Symposium. Rick also comments on gold market topping indicators and the gold-ounce-in-the-ground valuation metric and whether it is useful. 0:00 Introduction 1:43 Buffett believes gold price going higher? 6:23 Significance of Buffett selling bank stocks? 8:19 Timing a new junior gold stock position 10:30 Still playing the M&A game? 14:39 Gold-ounce-in-the-ground valuation metric 16:21 Bulk-tonnage, high-capex gold projects to see positive production decisions this cycle? 19:49 Gold market topping indicators 23:30 Copper bull market after gold bull market? 27:02 Key takeaways from 2020 Sprott Symposium 29:55 Rick will review your mining stock portfolio If you would like Rick to review your mining stock portfolio reach out to him at: https://sprottusa.com/brokerage-services/rankings/# Make sure to include the names of the companies as well as the ticker symbols. Sponsor info: https://trilogymetals.com/ Ticker: TMQ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.