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/#