Rick Rule: Major Supply Problems in Gold and Silver if Price Continues to Fall
Jason Burack of Wall St for Main St interviewed returning guest, President and CEO of Sprott US Holdings Inc. and credit analyst, Rick Rule of Sprott US/Sprott Global http://www.sprottglobal.com/ Rick’s bio: http://www.sprottglobal.com/our-firm/… Rick has decades of natural resource market experience both investing and lending money to resource companies. Rick has been through many different cycles of both bull and bear markets over his impressive career. Jason asks Rick many questions about the current state of gold mining. Gold and silver miners have been in constant cost cutting mode for 7 years now and despite this, many producing primary gold miner had poor Q1 and Q2 2018 earnings results. Jason asks Rick about the miner’s ability to cut costs, raise capital, and if Sprott and royalty and streaming companies will ultimately benefit from this? Jason also asks Rick questions about other commodities markets of interest including: uranium, cobalt, platinum and palladium, copper, Rare Earths and Oil and Natural Gas.