Warren Buffett to Buy Gold Stocks? (Rick Rule Interview)

Rick Rule, president and CEO of Sprott U.S. Holdings, answers the question of whether Warren Buffet will be buying gold and gold stocks? Rick also discusses Buffett’s decision to sell Berkshire’s airline stock and its possible significance. He also shares his response to Marin Katusa’s theory that resource investors should only invest in countries with SWAP lines with the U.S. Federal Reserve. Furthermore, Rick answers several questions about investing in the resource sector. If you would like Rick to review your mining stock portfolio, per the instructions he provided in the interview, reach out to him at: https://sprottusa.com/brokerage-services/rankings/# 0:15 Introduction 1:10 Warren Buffett to buy gold stocks? 6:15 Significance of Buffett selling airline stocks? 9:48 Scotiabank to close precious metals business 12:02 Most profitable division of Sprott Inc. in this gold upcycle? 13:36 Takeaways from Alderon Iron Ore’s default on Sprott loan 16:39 Viewing Sprott Inc. as a royalty company 17:30 TSXV lowers private placement share price to a penny 19:00 Marin Katusa says only invest in gold companies with projects in countries with SWAP lines with U.S. Fed Reserve…your thoughts? 21:04 When to move profits from gold majors into gold juniors? 25:31 Discussing mining stock private placements 30:53 Rick shares feedback from investor inquiries he’s received 33:13 How to have Rick rank your mining stock portfolio Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.