“It Has Become Difficult for Institutions to Buy Silver” says Rick Rule

In this interview Rick Rule, president and CEO of Sprott U.S. Holdings, says that “it has become difficult for institutions to buy silver.” Six weeks ago Rick did not believe that retail investors could have that big of an effect on the silver price, but that view is beginning to change with the ongoing #SilverSqueeze push. He also discusses his retirement as president and CEO of Sprott U.S. Holdings and says that it is more of a “reset.” Rick will be taking the Sprott media division with him and will do more on the media/communications front moving forward.  He also shares his thoughts regarding how some brokers dealt with the $AMC and $GME run-up and short squeeze.  Finally, Rick reminds listeners that he still offers a free mining portfolio review.

0:00 Introduction

0:56 Rick going through a “reset” rather than “retirement”

4:16 Expect a more raw Rick Rule in this next season

5:22 Rick Rule’s thoughts on altruism

8:59 #SilverSqueeze “These kids are trying to make us rich”

13:35 “Comex is run for the benefit of the Comex, not for you and me”

17:51 Rick’s thoughts on brokers preventing selling of $AMC & $GME

20:08 Rick still offers free portfolio reviews

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.