Rick Rule on Buying Gold & Silver Stocks, Platinum, and Price Targets | Real Money Talks
Rick Rule's Symposium: https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=ResourceTalks (affiliate link).
Rick Rule joined me for this week's Real Money Talks.
In this episode, we discussed strategies for investing in precious metals, particularly gold, and the importance of understanding both risk and potential rewards.
Rick Rule also explained the concept of net present value, the challenges of making investment decisions, and the Lassonde Curve.
Lastly, Rick shared his views on the complexities of the silver market and the current trends in the silver equity space.
After the Rick Rule interview, I interviewed 3 companies:
1. Ridgeline Minerals CEO Interview with Chad Peters (TSX-V: RDG) - silver & copper-gold stock with exposure to USA, Nevada. This company has paid for the production of this interview.
Ridgeline Minerals’ website: https://www.ridgelineminerals.com/
2. Tore Resources CEO Interview with Shawn Wallace (TSX-V: TORQ) - gold-copper stock with exposure to Chile. This company has paid for the production of this interview.
Torq Resources’ website: https://torqresources.com/
3. First Nordic Interview with CEO Taj Singh & CDO Adam Cegielski (TSX-V: FNM) - gold stock with exposure to Sweden & Finland.
First Nordic Metals’ website: https://fnmetals.com/
Important warning:
THIS VIDEO SHOULD BE TREATED AS AN ADVERTISEMENT FOR THE COMPANIES, SOME OF WHICH HAVE PAID FOR THE PRODUCTION OF SAID ADVERTISEMENT. NO QUESTIONS WERE EXCHANGED, AND NOBODY SAW THIS PRIOR TO ITS PUBLICATION.
The information provided herein is general & impersonal in nature and meant for entertainment purposes only. The viewer acknowledges and agrees that the information does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.
The host is not a licensed investment advisor. He is just another talking head on the internet. He might own shares of companies mentioned in this publication. Always assume he doesn't know much more than a potato does.
The mining & exploration space is among the riskiest sectors to invest in. The risk of anything mentioned in this publication is 100% loss of capital. If you don't read the official documents provided by the company on www.SedarPlus.ca, you will lose all of your money.
Timestamps:
00:00 Recap
00:31 Rule Symposium
02:27 What type of gold stocks is Rick buying?
10:26 Which part of the Lassonde Curve is undervalued?
15:55 Does Rick Rule invest in gold companies that don’t follow the gold price?
21:12 How do you front-run the “PPSS”?
29:09 What stage of the Lassonde Curve is best to invest in right now?
35:45 What does Rick Rule think of price targets?
39:36 How does Rick Rule value silver?
46:19 Does the gold-to-silver ratio matter?
48:22 What does Rick think of platinum and palladium?
53:11 Rule Symposium
53:41 Important Warning
56:34 Ridgeline Minerals Company Overview
01:01:40 Ridgeline Minerals Interview
01:28:42 Torq Resources Company Overview
01:33:33 Torq Resources Interview
02:17:44 First Nordic Metals Company Overview
02:22:17 First Nordic Metals Interview
