A Visit with Rick Rule

13

Thursday afternoon, I had the opportunity to visit with Rick Rule, Chairman of Sprott US Holdings. This conversation covers several topics in a short amount of time so I urge you to find the time to listen.

Among the topics discussed:

  • The tender offer made by Sprott for the outstanding shares of Central Gold Trust and Central Silver Trust. Does this tender offer present a possible arbitrage opportunity?
  • The current state of the mining shares and how today's condition resembles past cycles of doom and despair.
  • The new fund Eric Sprott is assembling to take advantage of miners and properties that have become "distressed" at these extraordinarily low paper prices.

More information can be found at the Sprott Global website: https://sprottglobal.com

I also encourage you to visit the Sprott Money website whenever you are thinking about adding to your physical stack: https://www.sprottmoney.com?mw_aref=f4acdd227eeba8225953094002d08d78

TF

  13 Comments

Mr. Fix
Jun 25, 2015 - 2:44pm

1st

smiley

silver66
Jun 25, 2015 - 2:45pm

second

I will now listen

Thanks Turd

Silver66

silver66
Jun 25, 2015 - 2:46pm

second which is now third

sorry for double post

Silver66

4 oz
Jun 25, 2015 - 2:51pm
Owtovit
Jun 25, 2015 - 2:53pm

Rimu

5 in Maori, also a tree

Keg
Jun 25, 2015 - 3:32pm

@4 oz

Looks like a SCOTUS justice to me.

Marchas45
Jun 25, 2015 - 4:37pm

I was Busy

Elsewhere and missed this thread, now to listen. Keep Stacking

Felt more like an ad to me but heck what do I know. Keep Stacking

J.P. Cubish
Jun 25, 2015 - 8:46pm

Yay

what a great interview.

imfd
Jun 26, 2015 - 9:17am

Capitulation

Rick Rule says we haven`t had a capitulation yet but strangley enough, just yesterday, I found myself thinking "f**k this, I think I`ll just get rid of it all and quit worrying". I`ve never wavered before and it occured to me that I was/must be close to capitulation, without even realizing it. I have since recovered my senses but wondered if anyone else had similar fleeting thoughts.

Orange
Jun 26, 2015 - 9:19am

Great Interview

Thanks to Rick for taking the time and Turd for making it possible.

lakedweller2
Jun 26, 2015 - 10:09am

CEF

I moved to Sprott. 

J.P. Cubish
Jun 26, 2015 - 12:34pm

Essential

If the essence of building wealth is to buy low and sell high, Doesn't selling high presuppose that one bought low, And doesn't this feel like low?

lakedweller2
Jun 26, 2015 - 1:16pm

Capitulation

Haven't been counting but I think I have capitulated about 15 or 20 times since 2008. I think they are beating a dead horse if they want capitulation. I think they just prolong a bad idea because of personality disorders. Never met a narcissist or a sociopath that ever made a mistake. Jail would have cured this BS.

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