Will A Recession End The Commodity Bull Market? | Rick Rule
Link to Rick Rule\u2019s Symposium on Natural Resource Investing:\xa0https://opptravel.zohobackstage.com/TheRuleSymposiumofNaturalResourceInvesting#/?affl=BlockWorks\n\nRick Rule, veteran natural resource investor and former CEO of Sprott Inc., an investment firm with over 20 Billion in assets under management, joins Jack to share his current outlook on the commodity complex as well as several lessons he has learned over the course of his career. Lesson #1: don\u2019t overstay your welcome. When the price of a stock is assuming a price for the commodity it produces that is higher than you think is sustainable, it might be time to ring the register.\nDoes the recent jittery price action mean a recession is in the cards? Perhaps so. But Rule still believes that underinvestment in production will make a durable commodity bull market very likely. Rule explains his outlook on natural gas, oil, copper, iron, and Uranium, and shares his opinion on several natural resource stocks from all around the globe.\nFilmed on July 5, 2022.\n--\nFollow Rick Rule on Twitter\xa0https://twitter.com/RealRickRule\nFollow Jack on Twitter\xa0https://twitter.com/JackFarley96\nFollow Blockworks on Twitter\xa0https://twitter.com/Blockworks_\n--\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:\xa0https://blockworks.co/newsletter/\n--\n(00:00) Introduction\n(01:29) Commodity Thesis\n(04:20) Globally Synchronized Recession\n(10:15) What Matters More - Supply Or Demand?\n(14:52) Oil\xa0\n(26:23) The Energy Crisis In Europe\n(35:20) Natural Resource Symposium\n(39:44) Greatest Lessons Learned\n(48:53) Uranium\n(55:00) Natural Gas\n(57:07) Specific Stocks\n(1:01:50) Canadian Oil Stocks\n(1:04:58) Copper and Iron\n(1:07:32) Hedging\n(1:13:10) Gold\n--\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.