Silver Bug Profile: Rick Rule

JP Buntinx
July 3, 2020

Many individuals have expressed their support for precious metals over the years, Rick Rule has proven to be an individual worth keeping an eye on, His predictions and opinions on both silver and gold tend to strike a chord with a lot of people. 

Who is Rick Rule?

People unfamiliar with the name may be interested to know that Rick Rule is currently the President and CEO of Sprott US Holdings. Prior to that, he worked in the securities industry since 1974. In the early years of his full-time career, the focus shifted to natural resource security investments. It is this approach that ultimately drove him in the arms of precious metals, such as gold and silver. 

Early on, Rule saw a lot of potential in resource investing. More specifically, he was very quick to identify the potential of mining, water utilities, agriculture, and energy.

All of these segments are crucial to most day-to-day  business operations, and investing in them is certainly possible. After all, without the proper infrastructure, corporations can’t do much, let alone make money. 

Meeting Rick in real life is equally possible, as he is a frequent speaker. Finding him at industry conferences, or even on the radio or television, is not that difficult in this day and age. His opinions and expertise are valued very highly in the industry.  

Rick Rule on Silver

Having a strong opinion on different industries will often yield to some bold predictions. When it comes to the silver market, Rick Rule hasn’t shied away from expressing his sentiment at certain times. Just six months ago, Rick claimed how the supply and demand equation for silver could get a lot more complex than most people may think.

In the same video, Rule also hinted at how the coming months could yield some bullish momentum for the silver market. Although he couldn’t predict the COVID-19 outbreak, silver has proven to be incredibly resilient. Value-wise, it has performed as well as  anyone could have wanted. There is still more room for a bigger uptrend, but it is difficult to make any adequate predictions in this regard.

Preparing for the Future

Most industry analysts and experts want to inform onlookers and investors as to what decisions to make. Rick Rule goes one step further, as he recently published a video on when to exit gold and silver stocks. It seems now is not the time to do so  yet, but things may change significantly over the next 15-18 months.

While some people may not want to think about exiting their positions, it is unavoidable. No market can keep  going up forever, thus preparing  for what has to happen is never a wasted effort.  Following anyone’s advice blindly is never a smart decision, but some of Rule’s remarks should be taken into account. 

Easily open your Swiss tax free gold vault in under 6 minutes

It’s Free to open a Swiss vaulting account, you can buy and sell gold directly to it instantly.

0 Comments

Trackbacks/Pingbacks

  1. Which Silver Exchange-Traded Products are There?, Bar9, Simple Wealth Protection - […] the sentiment for both silver and gold in 2020, a bullish outlook remains in place. However, blindly investing in…

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Gold Bug Profile: Eric Sprott

It is also worth noting that Eric Sprott sold his first company – known as Sprott Securities – back in 2011. Interestingly enough, the company was purchased by other staff members.

Silver Bug Profile: Mike McGlone

The Senior Commodity Strategist for Bloomberg has built up a strong reputation in the financial sector. His main focus lies with broad investable commodity markets.

Gold Bug Profile: John Paulson

It is also worth noting that the gold sector has treated Paulson rather well in his career. Back in 2010, he set a hedge fund record by making almost $5 billion in just twelve months.

5 Reasons why Investing in Physical Gold is Always Worthwhile

Regardless of buying digital or physical gold, this precious metal is always worthwhile to investors. It is one of the few markets that offers key advantages one will rarely find in other assets.

Gold Bug Profile: Jim Willie

Even today, Jim is still active in the financial world, primarily as a writer and analyst. He is happy to share his opinions on gold, silver, and a lot of other topics through various publications.

Gold Bug Profile: Bob Kirtley

Kirtley is renowned for maintaining an approach focused on planning and cost control. That expertise eventually translated to his investment strategies as well.

Gold Bug Profile: Ron Paul

Ron Paul has not always been a politician, however. He also serves as a flight surgeon in the US Air Force and performed duties as an obstetrician-gynecologist.

The Many Use Cases for Silver Part I: Electronics, Energy, Soldering, Chemicals, Photography

Unlike gold and most other precious metals, silver has plenty of industrial use cases. More importantly, these use cases are quite varied. It is thanks tot his aspect that demand for silver hasn’t diminished all that much due to COVID-19.

Gold Bug Profile: Peter Schiff

Despite paying very close attention to investment options such as gold and silver, Peter Schiff isn’t optimistic about Bitcoin and other cryptocurrencies.

Gold vs Negative Interest Rates

The world is teetering on the brink of a new economic policy. Not one that was written about by capitalism's founding father Adam Smith, or even John Maynard Keynes, but a giant experiment in which we will all be the subject. Negative interest rates threaten to turn...

Gold Bug Profile: Eric Hommelberg

In the Dutch community, Hommelberg made a name for himself by highlighting several junior gold mines as possible investment options. Those who followed his advance often made a lot of good money in the process

Gold and Silver Bounce Back as Stock Markets Continue to Struggle

Although the markets aren’t out of the woods yet, things are looking better. There is some positive momentum all around, for a change.

Gold Bug Profile: Dr. Martin Murenbeeld

Following his graduation from the University of California, Berkeley as a Ph.D. in International Finance, Martin enjoyed a brief stint at the Faculty of Management Studies at the University of Toronto.

Why 2020 may be the Year of Silver Instead of Gold

Another contributing factor to the sudden popularity of silver is the gold-silver ratio. Despite this correlation hitting a high in favor of gold earlier this year, the current momentum looks very different.

Which Silver Exchange-Traded Products are There?

The most obvious form of silver exchange-traded products are those that are physically backed by actual silver, as they provide the most security.

Silver Bug Profile: Alisdair Macleod

In the modern era, Macleod is best known for educating the masses on how governments handle money and the potential consequences.

The World’s Largest Silver Producer is Closing Domestic Mines for a Full Month

In Mexico, there will be a major change for most silver mines. Multiple locations will have to shut down their operations for at least one full month.

Silver Bug Profile: Ralph Aldis

Ralph Aldis has also been named twice as a US Metals and Mining “TopGun”. This title is “awarded” by Brendan Wood International every single year. He is also the Best Americas Based Fund manager in 2016, awarded by Mining Journal.

Gold Bug Profile: Ronald-Peter Stoeferle

n the video, it is mentioned how Ronald-Peter thinks a gold price of $8,900 per ounce is not impossible. It may – and probably will – take some time to reach this lofty goal

Gold Bug Profile: Ewan Downie

Since leading Premier Gold Mines Limited since 2006, the company has gone through major growth. Its stock is also trading publicly, further validating its approach to gold and silver.

Translate Blog Post

Article Categories

Blog Stats

  • 112,977 hits

Follow the CEO on Twitter

%d bloggers like this: