Business
CCoffee with Samso Episode 70 is with Rick Rule, Senior Managing Director, Sprott Inc. | President & CEO, Sprott U.S. Holdings Learning is best done when you actually listen. In this episode of Coffee with Samso, I recommend listening well. Just over twelve months ago, I was browsing LinkedIn and saw Rick Rule giving an interview and wondered if he would be interested to have a Coffee with Samso. To my surprise and my fortune he almost immediately agreed. Rick Rule is on his third Coffee with Samso and the timing is impeccable as this is almost twelve months since our first conversation. That was when the pandemic had just started and everyone was thinking it would perhaps just be chaotic for a while at the beginning. As most investors know, this was followed by an equity rise not seen for many decades. The chaos was far from short-term. It has already been a year. Check out our Insight on The Best Equity Investment Since the 1980s for more insights on this. In this Coffee with Samso, Rick shares with us some pointed topics as we work through some of the issues that we have faced and will face in the coming months. As precious metals take a step backwards recently, the anticipation of the EV Revolution has sparked a race that have seen investors rush to expose themselves to the Lithium market. We also discuss this rush as well as the recent interest in the REE and Silver. Rick reminds investors that Rare Earths Elements (REE) and Lithium are not rare. Where you want to position yourself is at the processing end of this sector. Do not chase the market noise/narrative but instead understand and believe the story of the company. The recent "hot news" on REE and Silver which have captivated the market sentiment is not really making Rick excited. Make sure you tune in to understand why this is the case. Look out for the part where Rick offers to review your resource share portfolio. All you need to do is go to the link below and list your resource stocks and he will personally rank them from 1 to 10 (1 = best and 10 = worst). He will personally make comments on stocks that he knows for you as well. If you include charts in the question line, he will include the Barron's gold mining chart which is a 50 year gold equities chart and a 100 year chart on commodities chart. https://sprottusa.com/brokerage-services/rankings/