Warren Buffett to Buy Gold Stocks? (Rick Rule Interview)

Rick Rule, president and CEO of Sprott U.S. Holdings, answers the question of whether Warren Buffet will be buying gold and gold stocks?  Rick also discusses Buffett’s decision to sell Berkshire’s airline stock and its possible significance.  He also shares his response to Marin Katusa’s theory that resource investors should only invest in countries with SWAP lines with the U.S. Federal Reserve.  Furthermore, Rick answers several questions about investing in the resource sector.

If you would like Rick to review your mining stock portfolio, per the instructions he provided in the interview, reach out to him at: https://sprottusa.com/brokerage-services/rankings/#

0:15 Introduction

1:10 Warren Buffett to buy gold stocks?

6:15 Significance of Buffett selling airline stocks?

9:48 Scotiabank to close precious metals business

12:02 Most profitable division of Sprott Inc. in this gold upcycle?

13:36 Takeaways from Alderon Iron Ore’s default on Sprott loan

16:39 Viewing Sprott Inc. as a royalty company

17:30 TSXV lowers private placement share price to a penny

19:00 Marin Katusa says only invest in gold companies with projects in countries with SWAP lines with U.S. Fed Reserve…your thoughts?

21:04 When to move profits from gold majors into gold juniors?

25:31 Discussing mining stock private placements

30:53 Rick shares feedback from investor inquiries he’s received

33:13 How to have Rick rank your mining stock portfolio