I had the opportunity this week to reconnect with legendary resource financier and investor, Rick Rule, Chairman of Sprott US Holdings.

It was a fascinating conversation as Rick spoke to the characteristics of market capitulations, of which set the stage, “for absolutely dramatic recoveries”. Rick added that it’s the duty of honest investors to“reorganize their portfolio’s at the bottom”, to ensure they are exposed to the best names in the business, ahead of the inevitable recovery.

Speaking to the capitulation which he’s seen only a few times in his career, Rick noted….

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