Rick Rule: Silver Breakout, Silver Stocks, and Critical Metals

Excellent interview.

Rick, a 10 Bagger is a 900% gain, not a 1000% gain

My Sprott broker told me about Abra when it was 1 dollar per share. I was stupid enough to wait and then I got in at 1.6 dollars. They are still trading around 0.2 to 0.25 x NPV at the current price and the resource is still growing. Another undervalued name is Gogo. I got in around 1 dollars and it is up 20%. There is a lot of discount due to being in Mexico. Another leverage play to consider is Bear Creek Mining. They have low grade silver deposit that is worth around 1 billion dollars NPV at the current price and trading at 0.1 x NPV. They already have permit.

Rick Rules. End of story, dummies.

I thought the charts were inflation adjusted

Thank you for this discussion w/ Rick Rule.. Very Well done & helpful.

Abrasilver 👍

Agree with Dolly. Love it.

Is it too late to buy Abrasilver?

Thank you Mr Rick Rule!

Many thanks to Rick Rule. He evaluated my portfolio a while back. I own Sprott Physical Uranium Trust, and I think he gave it something like a score of 4. So, yes, he is brutal on stocks.

Thanks Rick and interviewer. Very interesting. However, for me the FIRST test for an investor in a commodity-producing stock with some history: Divide the stock price by the price of the commodity– here it is silver. If the Stock:Silver ratio goes up, then time spent on due diligence may be worthwhile. But if the ratio goes down, it means that up to now, the metal has done better than the stock… So better invest in the metal instead of in this stock. Well, couldn't you assume that, even if the stock has done worse than the underlying metal in the past, it will sill do better in the future? Yes you could. But the burden of proof upon you would become now bigger. Same btw for investing in gold stocks, or oil stocks, or copper, or lithium, or uranium, or the stock of any company producing a commodity. First question should always be: What's the added value that the stock provides, vs the underlying commodity? As you probably know, very few commodity stocks pass this primary test…

To me NOTHING really matters except for time "when". Gold and Silver are the long game and always have been. We see all the cracks in the system already especially in residential real estate, commercial property, increasing bankruptcies, BRICS attempting to finger things out, Stonks at all time highs for over a decade bull run and their zombie companies, massive money printing/unsustainable debt and deficits, insane PE's out of the solar system, gold and silver showing us a taste, global conflict almost everywhere except for Bora Bora, Fucking Pirates and rockets disrupting global trade and shipping, forget retail Super industrial demand for silver draining the reserves and massive central bank demand for gold so obvious, a 50/50 divided United States, an emboldened Russia, North Korea, Iran and China, the middle East and north Africa is about to starve, South America in complete turmoil, Just Insane Global Migration that's actually destroying traditional sovereign nations especially Europe, GB, Canada and the U.S., OMG let's not forget the November election coming fast and furious – Have I made my point? Gold has nowhere to go but UP and Silver always follows and surpasses the yellow metal.