Rick Rule – Master Class

Featuring Rick Rule

In this fascinating episode of the Master Class series, Rick Rule, President & CEO of Sprott U.S. Holdings Inc., gives us insight into the career that led him to become CEO of one of the world’s largest resource holding companies. Rick gives his outlook on the current resource market including oil and uranium, discusses contrarian opportunity in the current liquidation phase in commodities, and candidly discusses the lessons he learned from a cyclical industry downturn.

Published on
25 March, 2016
Topic
Hard Commodities, Career, Gold
Duration
54 minutes
Asset class
Bonds/Rates/Credit, Equities, Commodities
Rating
28

Comments

  • AA

    Aaron A.

    25 10 2017 18:57

    0       0

    Simply outstanding. Can't wait for the follow-up interview!

  • DM

    Doug M.

    18 8 2017 04:23

    1       0

    Great interview. A delight to hear such eloquence.

  • DY

    Dmytro Y.

    7 8 2017 06:46

    1       0

    Interesting. and yet, Oil managed to recover from 2016 lows. and Junk Bond did not collapse (not as yet at least), Production cost managed to be reduced,Oil producers manage to stay afloat 15 months after the interview.

  • CM

    Chris M.

    15 6 2017 01:40

    1       0

    Great interview. Thanks for asking the gold question at the end.

  • JV

    Justin V.

    12 5 2017 07:35

    5       0

    Time for more Rick please Grant

    • DD

      Daljit D.

      25 5 2017 12:34

      4       0

      More Rick please!!!

    • XS

      Xin S.

      27 5 2017 18:06

      3       0

      Agree.

  • JK

    Jeff K.

    4 12 2016 18:29

    1       0

    Absolutely brilliant! Rick should be a yearly guest. Well done Grant!

  • CP

    Cole P.

    4 10 2016 13:07

    1       0

    So many of the ideas I have had were vindicated by the views expressed by Mr. Rule. The most important trait that all of us must maintain in this turbulent times is the discipline of patience. This interview just blew me out of the water, especially the last three minutes. So, glad I found this website!

  • WM

    William M.

    1 10 2016 15:03

    1       0

    Amazingly I missed this in March! Open thoughtful reflective conversation. I can see why this got the thumbs, and suspect the thumbs down votes were from folks who personally just don't "like" Rick. This is just more "food" for those investors struggling to wonder what might give them some big gains in the medium to long term. Take 10% of your investment capital and carefully risk it by buying the best run coal, uranium, gold and silver companies. Feels like you could see value losses of 10, 20 or even 30%. BUT if you have a strong constitution and didn't over commit your core vs investment capital, it feels like 100% min gains are highly likely within 5 to 10 years. History is on your side.

  • JC

    John C.

    24 8 2016 19:51

    1       0

    This was great. Nice job interviewing by Grant as well. thx

  • TP

    Toby P.

    17 7 2016 07:06

    1       1

    It brings much joy to know that in years to come I shall be referencing this interview & the thoughts it provokes when I'm asked about my own success.

  • TS

    Ted S.

    15 5 2016 21:43

    5       0

    I have had an account with Rick for many years. My regret is that this absolutely 10 star advice is not interesting to any of my younger relatives. You can't possibly get a better education.

  • JE

    J E.

    4 5 2016 10:44

    0       4

    This is the RIck Rule telling us fundamentals in alignment for gold in 2011? Why weight his forecasting skills http://www.financialsense.com/financial-sense-newshour/guest-expert/2011/09/28/rick-rule/

  • MH

    Mark H.

    29 4 2016 17:54

    0       0

    Phenomenal interview. This is what TV should be. I learned so much and was engaged from start to finish. And I love the fact that he didn't sound like a gold salesman which gets annoying.

  • MD

    Matt D.

    10 4 2016 11:10

    3       0

    One of my favorite interviews to date - awesome. Look forward to a follow up in due course.

  • SK

    Stefnir K.

    3 4 2016 20:29

    3       0

    Why is two thumbs up not an option? Excellent work RVTV!!!

  • CB

    Cliff B.

    3 4 2016 10:26

    2       0

    Great insights, I really enjoy listening to an investor with so much humility, perspective and experience. I will have to watch this interview again. Thank you

  • KS

    Kathleen S.

    1 4 2016 01:21

    5       0

    Love Rick Rule he is not fooled by Randomness --- he gets it , which unfortunately many do not. I believe he is right and I suspect so does Grant Williams who I also love.

  • EK

    Emil K.

    31 3 2016 18:46

    5       0

    Masterpiece.

  • PK

    Pheerasut K.

    31 3 2016 16:54

    1       0

    Excellent interview ! ... Good job Real Vision.

  • RP

    Robert P.

    31 3 2016 15:50

    4       7

    bit of a blowhard

  • M

    Michael .

    31 3 2016 02:37

    3       0

    Brilliant! this interview alone is worth the subscription fee.

  • KS

    Kenneth S.

    29 3 2016 16:17

    3       0

    So great to listen to Rick Rule again

  • CD

    Charles D.

    29 3 2016 15:22

    1       1

    WOW.

  • PD

    Paul D.

    29 3 2016 11:07

    6       0

    Rick...,you Rule!

  • MR

    MIGUEL R.

    28 3 2016 22:02

    4       0

    I hope Mr Rule becomes a regular contributor to RV and shares more of his incredible wisdom and insights.

  • MB

    Mike B.

    28 3 2016 20:12

    8       0

    Always thought Rick Rule was a bit condescending/arrogant in a good way. Never really paid much attention to him. This one interview changed my view. It was superb. His best ever. Learned a lot.

  • DC

    Dale C.

    28 3 2016 17:24

    8       0

    If he's right the average investor can make a life changing trade with the Gold Miners in the near future.

  • DO

    Daryl O.

    28 3 2016 14:21

    3       0

    Wow. Now that really WAS a MasterClass!

  • PA

    Paul A.

    28 3 2016 14:10

    3       0

    Absolutely the best interview so far in my opinion. Thanks RealVision.

  • KS

    Kashyap S.

    28 3 2016 12:41

    1       0

    Thank you, RealVision. Best thing I did today was watch this interview.

  • AE

    Alex E.

    28 3 2016 03:03

    5       0

    Yet another interview that pays the cost of subscribing in spades! Can't wait for the next Rick Rule Master Class...

  • LM

    Leland M.

    28 3 2016 01:32

    3       0

    Both Rick and Grant are masterful story tellers who infuse their narratives with so many pearls of wisdom that when you put them together the time spent in listening is way too short.

  • RM

    Richard M.

    27 3 2016 17:52

    1       0

    Wow! Just FANTASTIC!!!

    Thank you RVTV!

  • TF

    Tim F.

    27 3 2016 17:02

    0       0

    Wisdom

  • JB

    Judith B.

    27 3 2016 15:44

    3       0

    Can't get this kind of in depth information anywhere else. What an inspirational interview!

  • AG

    Alexander G.

    27 3 2016 15:10

    5       0

    Possibly the best RV gig so far. Thoroughly enjoyed listening (and learning)!

  • DL

    Derek L.

    27 3 2016 00:30

    13       0

    Outstanding interview. Mr. Rule is generous in sharing his knowledge and does so with great humility. Nice job Grant.

  • RA

    Robert A.

    27 3 2016 00:10

    2       0

    He said he was a good salesman and he never fails to sell me.

  • TJ

    Terry J.

    26 3 2016 23:56

    3       0

    A true masterclass! Absolutely Awesome!

  • PW

    Phil W.

    26 3 2016 21:34

    6       0

    VERY NICE INDEED! Great insights on the comod world. Also, kudos to the interviewer

    Well Done 5 star

  • AP

    Adrian P.

    26 3 2016 17:50

    5       0

    My favourite Rv master class, matched only by David Iben's. Great!

  • CM

    Charlie M.

    26 3 2016 17:21

    10       0

    This was certainly one of my favorites RV pieces so far. Incredibly articulate and insightful - and generous with his views and experience. I will look for more from Rick.

  • SL

    Sandy L.

    26 3 2016 16:20

    6       0

    Bart and Christopher nailed it...a legend...how can anyone downvote him?

  • bp

    bart p.

    26 3 2016 15:15

    7       0

    An absolute legend! As good of an interview as I expected it to be! Nice to be walked through the boom/bust phase of a commodity cycle in his personal experience.

  • BV

    Bryan V.

    26 3 2016 14:37

    16       0

    Live to work or work to live. Easy to see where Rick stands. His success is well earned and this was by far my favorite interview. The wisdom and humility shared was priceless.

  • NT

    Norman T.

    26 3 2016 08:33

    1       0

    messing up to the creditors showed what a good salesman he was! I have experienced something similar managing a workout.

  • RM

    Ricardo M.

    26 3 2016 02:45

    6       0

    Brilliant! Amazing insights by a living lengend in the resources business.

  • NL

    Nick L.

    25 3 2016 23:59

    6       0

    Really great stuff! I hope that 1 lonely "thumbs down" was an accidental click...

  • bm

    brian m.

    25 3 2016 21:29

    9       0

    My subscription repaid in one interview,Rick personifies the wisdom of the ownership of ones mistakes,its nice to know that such courage has its rewards..His view on Gold is very prudent..Great stuff

  • dn

    david n.

    25 3 2016 21:06

    14       0

    Possibly the best natural resource
    interview ever!!

  • SS

    Sam S.

    25 3 2016 21:03

    1       0

    I heard him say what I thought he meant. Hits home with round trip riches to rages to riches experiences.

  • ss

    sid s.

    25 3 2016 20:55

    4       0

    Thank you Grant . What a gift Real Vision TV is.

  • DH

    Dale H.

    25 3 2016 19:56

    12       0

    I enjoyed all of that interview thank you. Wisdom, wry comment on mistakes, VG. Grant -great relaxed interviewing. The best Easter Sat morning breakfast I've had. Now., we just need golden Easter eggs

  • RE

    Rachel E.

    25 3 2016 17:24

    3       0

    Great interview.

  • KD

    Ken D.

    25 3 2016 16:49

    18       0

    Grant is an absolutely wonderful interviewer. He elicits from Rick Rule real gems of wisdom.

  • tW

    tgwtom W.

    25 3 2016 16:09

    9       0

    Love the behavioral aspects of investing discussed here, with nary a chart in sight :)

  • db

    don b.

    25 3 2016 15:40

    8       0

    Thanks Grant & Rick for the best interview of the year.

  • AS

    Andrew S.

    25 3 2016 14:59

    25       0

    Excellent interview. A more humble side of Rick Rule I had never seen. Lots of wisdom and a great summing up of what it takes to be a successful long term resource investor. Good job. Thanks.

  • BD

    Bruce D.

    25 3 2016 14:35

    16       0

    As a Financial Advisor who desperately tries to help his clients build wealth, this type of deep knowledge is vital to me. RV shines light on the truth! Your service has become invaluable, THANK YOU!

  • EU

    Essere U.

    25 3 2016 14:01

    13       0

    The Gems...The Quotes...The Perspective...thank you for giving us all a seat @ this Master Class...Incredible

  • CC

    Christopher C.

    25 3 2016 13:58

    47       0

    Machinegun fire wisdom, each individual turn of phrase hitting like ton a of bricks. Rick personifies morality, hustle, persistence w the ability to shed foolish behaviour like a molted snake skin.

  • BF

    Bruce F.

    25 3 2016 13:00

    14       0

    once again an outstanding interview with a giant in the industry