Contrarian investor Rick Rule shares his winning strategies

Published by Resource World on July 5, 2017 Interview by Ellsworth Dickson As attendees of resource investor conferences know, Rick Rule, President and CEO of Sprott U.S. Holdings Inc., often speaks to standing room only crowds. His dynamic presentations usually go against the grain of the usual ways of looking at mining stocks. Resource World was fortunate to catch him for this interview as he is often on the road. RESOURCE WORLD: When you were attending the University of British Columbia, did you have a plan laid out for your career? RICK RULE: Yes – but I didn’t follow it. I wanted to become a taxation lawyer focused on natural resources. RW: Weren’t you studying mineral economics there? RR:         My interest was natural resource finance in mineral economics but I was in the faculty of commerce. My view was that UBC had a compound degree that gave you a Bachelor of Commerce and a law degree and so my initial idea was to become a lawyer specializing in international natural resource taxation. RW: What was your first job related to the resource sector? RR:         I had substantial success as a speculator. Owning a bar in the financial district of down-town Vancouver gave me unparalleled access to information. Building on that success, I became securities licensed. RW: I’ve heard you say to your audiences at presentations: “Be a contrarian or a victim.” Can you outline your contrarian philosophy and how investors can make it work for them? RR:         Absolutely! There’s no … Continue reading

Trek Mining Drill Results – TREK:TSXV

Editors Note from Dudley Pierce Baker “Trek Mining is currently one of my favorite companies and we are glad to see more great drill results.”   Trek Mining Inc. (“Trek Mining” or “the Company”) is pleased to announce that ongoing drilling continues to intersect significant gold mineralization below the shallow, westernmost reserve pit and beyond the current pit limit along the western strike at the Company’s 100%-owned Aurizona Gold Mine (“Aurizona”) in Brazil. Further to the May 17, 2017 news release, an additional 13 shallow step-out and infill drill holes totalling 1,486 metres from the exploration program at Piaba West have encountered multiple broad intersections of gold mineralization with grades typical of the Piaba gold deposit. In addition, drill hole BRAZP587, which was collared just beyond the westernmost edge of the existing Piaba pit, encountered two narrow, high-grade intercepts that returned gold values of 19.65 grams per tonne gold (“g/t Au”) over 1.0 metre (“m”) and 67.09 g/t Au over 5.0 m including 329.00 g/t Au over 1.0 m. Drilling highlights include: 1.90 g/t Au over 25.0 m in BRAZD529 1.11 g/t Au over 11.0 m in BRAZD530 0.73 g/t Au over 19.0 m BRAZD531 1.64 g/t Au over 18.5 m including 3.69 g/t Au over 5.0 m in BRAZD532 1.53 g/t Au over 43.0 m including 6.05 g/t Au over 6.0 m BRAZP584 19.65 g/t Au over 1.0 m and 67.09 g/t Au over 5.0 m including 329.00 g/t Au over 1.0 m BRAZP587 1.10 g/t Au over … Continue reading

Sunday Articles With Investing Ideas

For those resource investors, I present below the video links to the recent Cambridge House Writers Conference in Vancouver. See some of your favorite analyst and get their views of the markets. As a contrarian, this is obviously the time to be investing in the resource sector and the Dow and S&P 500 continue to trade near highs. My preference is to ‘play this game’ with the junior mining shares and/or stock warrants. However, many investors are finding great opportunities with warrants on the U.S. stocks in other sectors, biotechs, pharmaceuticals, banking, etc. Remember that only 25% or so of my personal portfolio is in stock warrants, the balance are common shares in the junior mining companies and I am on the hunt for new additions to my portfolio. There are many interesting opportunities in stocks as well as the stock warrants available today, so if you not a current  subscriber, LET’S GET YOU STARTED NOW. The next several years, 2017 – 2020 will see some exciting times in the PM sector and I am looking to make a fortune. Do you want to follow me? Let’s have some fun and make money together. Recent Articles On Our Websites: International Metal Writers Conference – Video Of Conference Doug Casey on Crisis Investing in Brazil New Areas of High-Grade Uranium Mineralization Drilled in Athabasca Basin Stepout Drilling Reveals Uranium Expansion Opportunity in Athabasca Basin Deposit Gold & Gold Stocks Nearing a Big Move The Forgotten Depression of 1920–1921 When the “Fix” … Continue reading

Doug Casey on Crisis Investing in Brazil

Editors Note from Dudley Pierce Baker “One of my top picks has a Brazilian gold property which should be in production in 2018. The shares and warrants have been under pressure recently but I see that potential for outrageous gains of 1,000%, 2,000% or more in the next few years.”   Justin’s note: Brazil is in crisis once again. This time, Brazil’s president, Michel Temer, has been accused of corruption, bribery, and obstruction of justice. When news of this scandal broke, it triggered a huge selloff in Brazilian stocks. The iShares MSCI Brazil Capped ETF (EWZ), which tracks Brazil’s stock market, plummeted 18% in one day. It was the fund’s worst day since the 2008 financial crisis. Most investors now want nothing to do with Brazilian stocks. But we’re not like most investors. We understand crises can actually lead to huge moneymaking opportunities. Casey Research founder Doug Casey has made millions investing in crisis-stricken markets like Brazil. So I immediately called up Doug after I read this story. Below is a transcript of our conversation… Justin Spittler: Doug, what do you make of Brazil’s latest crisis? Do you see a crisis investing opportunity shaping up there? Doug Casey: I’m not sure I’m interested in putting money there right now. But I am interested in Brazil. As a matter of fact, as I speak to you right now, I’m out in the countryside of Uruguay, next door to Brazil. All these Latin American countries, quite frankly, are very problematical. They’re … Continue reading

Vancouver Conference – Frank Holmes – Rick Rule – Articles

First, a special thanks to Bob Moriarty of for sharing with his readership, The Stock Warrant Handbook. In my opinion, the recent Cambridge House Writers Conference in Vancouver was a huge success. I would estimate over 1,000 investors attended the two day event with many of the newsletter writers in attendance. It was great to get to visit one-on-one with Rick Rule and Frank Holmes. As well as conversations with Brent Cook, Nick Hodge, Mickey Fulp, David Morgan, Joe Martin, Greg McCoach, Ellis Martin and others. I had dinner one night with a group hosted by John-Mark Staude, President of Riverside Resources, TSXV:RRI. The tone of the conference was very positive and most are of the view that the next few years should be very favorable to our resource sector. I also took the opportunity while in Vancouver to visit with representatives of and both companies which I use their services to assist me with my services. So as an investor, ‘what are you going to do’? As a contrarian, this is obviously the time to be investing in the resource sector and the Dow and S&P 500 continue to trade near highs. My preference is to ‘play this game’ with the junior mining shares and/or stock warrants. However, many investors are finding great opportunities with warrants on the U.S. stocks in other sectors, biotechs, pharmaceuticals, banking, etc. Remember that only 25% or so of my personal portfolio is in stock warrants, the balance are common shares … Continue reading

BREAKING NOW – How Will The Markets React To This News?

May 27, 2017 – 4:35PM, PST With the breaking news on Friday afternoon after the markets close of the possible issues with Jared Kushner to the Russians, we can only wonder, how the markets will react. Report: Trump’s son-in-law Jared Kushner proposed secret communications with Russia The FBI now considers this meeting and Kushner’s meeting with a Russian banker to be of interest. CBS News confirmed that Kushner is under scrutiny, but is not the target of an investigation. One of the reporters on the story, Adam Entous, told CBS News that the Post was given an anonymous letter that described this in December. Entous said sources had confirmed that U.S. intelligence intercepted Kislyak’s reporting of the meeting. This greatly delayed breaking news gives me reason to pause as it is too convenience. A 3 day weekend, markets closed thus creating a major news event for the Memorial Day Holiday weekend. While I personally do not think this will be a major issue, we will not know until Sunday 5:00PM, CST as to how the metals will react to this news. This will be our first indication. will give us our first indication. If the markets believe there is truth to this story, then there is a good chance that the metals will be substantially higher and the financial markets lower as any problems might derail Trump’s economic agenda and the optimism which has driven the markets to records highs recently. We shall all see together how this unfolds … Continue reading

Doug Casey’s Top Two Ways to Store Wealth Abroad

Doug Casey’s Top Two Ways to Store Wealth Abroad By Nick Giambruno Nick Giambruno: For centuries, wealthy people have used international diversification to protect their savings and themselves from out-of-control governments. Now, thanks to modern technology, anyone can implement similar strategies. Doug, I’d like to discuss some of the basic ways regular people can internationally diversify their savings. For an American, what’s the difference between having a bank account at Bank of America and having a foreign bank account? Doug Casey: I’d say there is possibly all the difference in the world. The entire world’s banking system today is shaky, but if you go international, you can find much more solid banks than those that we have here in the US. That’s important, but beyond that, you’ve got to diversify your political risk. And if you have your bank account in a US bank, it’s eligible to being seized by any number of government agencies or by a frivolous lawsuit. So besides finding a more solid bank, by having your liquid assets in a different political jurisdiction you insulate yourself from a lot of other risks as well. Nick Giambruno: Moving some of your savings abroad also allows you to preempt capital controls (restrictions on moving money out of the country) and the destructive measures that always follow. Doug Casey: This is a very serious consideration. When the going gets tough, governments never control themselves, but they do try to control their subjects. It’s likely that the US is going … Continue reading

What I See Next For Gold and Silver

May 7, 2017 What I See Next For Gold and Silver Still lots of divergences in the markets with the Dow and S&P 500 trading at their all time highs and gold, silver and junior mining shares tanking. There is surely ‘something here’ for all investors and particularly for those interested in long-term stock warrants. If you need more information on stock warrants, I have just published “The Stock Warrant Handbook”, Your Personal Guide To Trading Stock Warrants. You can get your FREE copy HERE. On May 28th and 29th, I will be attending the Cambridge House Writers Conference in Vancouver, CA. I will be available to answer your questions and will be sharing space with Ellis Martin of The Ellis Martin Reports. Complete details are HERE. Now back to gold and silver…… From the charts below I see that gold and silver are still holding above long-term support and both are either at are very near ‘oversold’ when looking at the technicals. I therefore, believe that we have either bottomed or will bottom very soon. On Friday, May 5th, we actually had shares as measured by the HUI above increase while gold and silver continued to decline, perhaps, just perhaps this is the sight of a bottom. Recent Articles On Our Websites: Receive “The Stock Warrant Handbook” FREE for a LIMITED Time Steven Leeb – Panic Selling Hits the Gold Market DOE Uranium Reduction Should Help Boost Market Compared to Silver and Platinum, Gold Is Getting Really Expensive Pretium Is … Continue reading

Steven Leeb – Panic Selling Hits the Gold Market

May 03, 2017 ALERT: 44-Year Market Veteran Says Panic Selling Now Taking Place In Gold & Silver Markets! With continued weakness in the gold and silver markets, today King World News interviewed the man who has been in the gold and silver business for over 44 years, and what he said about the panic selling that is now taking place was truly fascinating.   Eric King: “Bill, I know you’ve had many gold and silver sell orders taking place recently. You’ve been watching these markets for decades. What is happening here as you see it? Massive Liquidations Taking Place Bill Haynes, founder of CMI Gold & Silver, one of the largest metals dealers in the United States: “Eric, it’s unnerving how many liquidations are taking place. It has now reached the point where the four major wholesalers have been repeatedly lowering their bids on both gold and silver. Meaning, when a customer liquidates, the wholesalers’ bids on the other end are not what they used to be. At this point we are seeing about 30 percent more sell orders than buy orders… “The Last Time We Saw This Was In The 1980s” Eric, in my 44 years in the metals business I can tell you that this is a very rare situation. The last time we saw this was in the 1980s. I have been doing this for almost half a century, and I am shocked at how bad the sentiment is in the gold and silver space at this … Continue reading

Get Ready for the Biggest Gold Move in Years

April 19, 2017 Justin Spittler Research Analyst     Make the trend your friend. Every investor has heard this advice. It means that you should swim with the tide, not against it. In other words, don’t buy stocks that are in free fall. And don’t bet against stocks that are soaring. After all, a trend in motion tends to stay in motion. With that said, bull markets don’t last forever. The same goes for bear markets. This is important because you can make an absolute fortune by buying an asset as it exits a bear market and enters a new bull market. One of the safest and most proven ways to do this is to buy an asset right after it “breaks out” of a downtrend. Just look at what uranium stocks did when they broke out of a multi-year downtrend in December. The Global X Uranium ETF (URA), which holds 22 uranium stocks, jumped 45% over the next couple months. Here’s another example. This chart shows the performance of the VanEck Vectors Coal ETF (KOL) since the start of 2011. KOL invests in 27 coal stocks. Like uranium stocks, coal stocks were in a downtrend for years. But they broke out of that last September. Since then, the average coal stock is up 35%. • These are big gains for such short periods… Unfortunately, most investors never take advantage of these situations. That’s because they don’t realize that an asset’s broken out until it’s already up 30%…40%…or even 50%. By then, it’s too … Continue reading