Mining Investment Guru Rick Rule Talks Copper

Rick Rule, President and CEO of Sprott US Holdings, is one of the most successful brokers of natural resource investments ever. A staunch contrarian, Rule looks to buy natural resource businesses for bargain prices after they’ve suffered large declines. Through the years, his disciplined investing style has made his clients billions of dollars in natural resources like gold, silver, copper, uranium, agricultural products, and even water. 

According to Rick, the global supply of copper has becoming constrained. He explains how this is because of an extended period of lower prices and low investment in a productive capacity. 

However, he says prices are set at the intersection of supply and demand. 

In an exclusive audio conversation with Stockhouse Editorial we recently asked Rick where he thinks copper pricing and supply / demand is headed for in 2020, if mining jurisdictions really matter, and the significance of China as major market player