Tom welcomes back the legendary investor Rick Rule to answer Palisade Radio listener questions.

Rick discusses the importance of understanding the different stages of a bull market and the potential opportunities with mining companies. He also emphasizes the need to mitigate risk when investing in junior mining companies.

Mr. Rule advises against expecting massive gains and instead encourages taking advantage of low-risk investments that can provide over 100% returns. He believes in maintaining liquidity in order to take advantage of market downturns.

In terms of shorting stocks, Rick prefers to only short obvious frauds and generally warns against shorting popular sectors without understanding the risks involved.

Rick also emphasizes the importance of education and preparation in investing and discusses his various educational initiatives.

Rick is involved in the creation of Battle Bank, and notes it is designed to cater to those with contrarian libertarian beliefs.

He believes it is inevitable that futures trading (Comex/Shanghai/LBMA) will become decentralized and blockchain based.

Talking Points From This Episode

• Rick Rule encourages investors to be prudent in their investments and maintain high liquidity balances.
  
• He suggests to invest in “roundly hated and ignored” stocks and advises investors to always be educations, reading about investments and be wary of FOMO.
  
• His new bank, Battle Bank, will cater to a contrarian, libertarian group of entrepreneurs.
  

Time Stamp References:
0:00 – Introduction
0:43 – Q&A – Mike Maloney
3:03 – Juniors & Fresh Capital
8:28 – Convertible/Preferred Bonds
13:02 – NPV Reports & Marketing
17:04 – Ricks Rating System
26:03 – Eric’s Failure Tolerance
29:32 – Frauds, Shorts, & Risk
32:15 – Recession & Equity Risk
35:16 – Ascent of Humanity
38:10 – You Have To Own Gold
39:05 – Preparedness & Investing
42:13 – Bootcamp & Education
47:22 – Battle Bank(ing)
51:48 – Shanghai Vs. Comex
52:59 – Wrap Up

Guest Links:
Twitter: https://twitter.com/realrickrule
Website: https://ruleinvestmentmedia.com
Classroom: https://ruleclassroom.com
Bootcamp 2024: https://hopin.com/events/rick-rule-s-winter-investors-bootcamp/registration
Almond Toffee Candy: https://www.enstrom.com

Rick Rule has dedicated his entire adult life to many aspects of natural resources securities investing. Besides the knowledge and experience gained in a long and focused career, he has a global network of contacts in the natural resources and finance sectors.

Mr. Rule is a frequent speaker at industry conferences and is regularly interviewed for radio, television, print, and online media outlets concerning natural resources investment and industry topics. Prominent natural resources-oriented newsletters and advisories frequently quote him. Mr. Rule and his team have expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water.

Mr. Rule is particularly active in private placement markets, having originated in hundreds of debt and equity transactions with private, pre-public, and public companies.