Rick Rule: The Top 5 "Best Of The Best" Mining Stocks

for somebody who doesn't know the industry well what's the best way to target the best of the best is that to do the research yourself or is it to find somebody who publishes a newsletter tracks the industry really closely and says i think this is these are the 10 best companies in the industry if you buy these 10 you should be getting you know the real pearls nobody that i know publishes that because it's not timeless you can't get somebody to come back next month if you've already given the 10 best names to the decade so i i would suggest either doing your own work or getting out of pen and writing down a few names right now let's do it thanks for joining us for part two of our interview with seasoned natural resources investor rick rule if you haven't yet watched part one of our discussion with rick in which he explains why he sees a bright future ahead for natural resource stocks due to both rising demand and depleting supply head over to our channel at youtube.com wealthyon and watch it there first it sets the context for the investment perspective that rick and our partners at new harbor financial share in this video oh and if you haven't done so yet don't subs forget to subscribe to this channel by clicking the red subscribe button below and now here's part two of our interview with rick rule my belief for most of your listeners who don't want to do a lot of work and take a lot of risk is that they concentrate on the best of the best they de-risk their stock selection and perhaps be uh willing to even underperform the index a little bit by de-risking it do you you go around knowing going with this you could as an example buy an etf which would give you 40 or 50 names the problem with that is that 25 names are ones that if you looked at them carefully you wouldn't want to own so i'm beginning to think that for most investors building a portfolio of the five or six or seven best gold producers in the world even at the risk of marginally underperforming the index but having no individual company risk is probably a better way to go in my experience the market beta that you get in a precious metals bull market is so extraordinary that for most people trying to outperform the index is a waste of time all right well that was that's what i was going to ask so i'm glad you you mentioned that so for people who are watching just two terms in case you're unfamiliar with them there is the beta and that is the return that the market is giving you or the sector that you're investing in is giving you then where there's what's called alpha which is the individual return above the market or below the market that an individual company will give you and what stock pickers try to do is try to pick stocks that they think are going to have really high alpha and they're going to beat the market with those and some do but of course there's a lot more risk that comes with that and what rick is saying here is hey you might just want to just you know take this one easy and say look there's so much upside to the mining industry just owning the sector itself uh gets you that high beta at much much lower risk than trying to get out there and pick individual winners um rick is that a good summary of what you were sort of implying there it is and for many clients i'm willing to underperform beta by simply owning the best of the best uh taking the risk that i don't enjoy the upside and the marginal producers uh you know foregoing if you will that leverage uh in favor of uh capturing all or most of the beta with no single company failure risk great okay so um i want to move sort of into investing strategy here like putting it into action for folks so um please tell me if this is not if this doesn't apply to all natural resource sectors um uh because i'm gonna make some sweeping comments here if if if if there's some idiosyncrasies of individual sectors just just correct me here but um people could buy the the beta easily um because they could they could buy an etf right so i'm just gonna say there's uh gdx so we're talking about the precious metals mining space gdx uh has all the the majors in there right and there's probably to your point a number of companies in there that ideally you might not want to own if you really looked at all the prospectuses but they've got all the big guys in there and that's just a simple mouse click you're buying one company capturing a fair amount of the beta you could then do what you're talking about which is the additional leg work of saying you know what i just want the best of the best for somebody who doesn't know the industry well what's the best way to target the best of the best is that to do the research yourself or is it to find somebody who publishes a newsletter tracks the industry really closely and says i think this is these are the 10 best companies in the industry if you buy these 10 you should be getting you know the real pearls nobody that i know publishes that because it's not timeless you can't get somebody to come back next month if you've already given the 10 best names of the decade uh so i i would suggest either doing your own work or getting out of pen and writing down a few names right now um let's do it given that i'm no longer securities licensed i can actually give that information that's useful to investors that's very all right i like the emancipated brick rule let's go let's hear them uh franco nevada is the best of the best of the world i mean it's just the single finest precious metals binding company in the world not cheap uh but 80 operating margins it deserves to be expensive uh i would say that will uh wheat and precious the streamer fits in that same category uh if you are willing to come down the quality trail a little bit but still maintain very very very good margins royalty go royal gold another royalty and streaming company uh i think barrick eggnico eagle which is the best capital allocator uh in the space certainly uh deserves mention uh and one could if one wanted uh just stopped there with five names my suspicion is that you would want to add the biggest gold mining company in the world newmont uh one criticism i have of them is too many tier two which is too many second class deposits relative to their top class deposits but if i'm right about the direction of the gold market and if i'm also white about their development pipeline that needs to be included back in the best my own personal portfolio goes to value and so in my own personal portfolio i add in poly mattel and polyruse the cheapest major gold companies in the world and i would argue having the best development pipelines in the world many investors are afraid to invest in russian domiciled companies uh i'm afraid not to i regard all countries including the one i live in the united states as being politically risky it's just that we regard political risk that we don't understand with more disfavor than we regard political risks that we understand so i personally would add those two russian companies which i believe are the two finest relative to their price gold mining companies in the world all right well that's saying something coming from somebody with your experience and expertise um rick that that's phenomenal thank you for doing this um and uh let's see um so you know as uh as we look to uh you know invest in these companies uh or you know these companies being natural resources companies not necessarily the specific ones you just mentioned um uh but but i guess the ones that you you just rolled out there rick are those um kind of the ones that you just sort of think are good for the long haul in other words you kind of said look you think juniors are too expensive right now the bigger ones are fairly valued um you know clearly they're going to be ebbs and flows or whatnot but i sort of had the impression you thought these are the ones that are really going to sort of like do the best over the long haul with the lowest risk well the lowest risk means uh that you minimize to the extent you can management failure and i can't speak with all of them in terms of the probability of management failure certainly when you look at franco nevada they have a 30-year track record of the intelligent deployment of capital as does agnico eagle in both cases you have management teams that are like myself long of tooth you don't know as much about the acumen of the middle managers as perhaps you ought to but these are companies that have a culture of uh intelligent deployment of capital which you hope continues that have development pipelines that means that you're not buying depleting assets and that operate in the highest return on capital employed desile in the world and the lowest uh um all-in sustaining cost environment in the world in other words superior assets superior people superior development pipelines your risk is that they do something stupid with those gems that they control great point so um look there's a whole ton of questions that we didn't get to and even in that last topic there rick um so basically i'm going to have to have you back on again as early as works for you uh in your busy schedule but i would love to go through kind of rick rule's checklist for sort of what he looks for when looking you know at a mining company whether to invest or not and i'm sure that that differs a bit by industry um we don't have enough time to do that justice right now but if you're open to it i would love to have you back on to to dive deeply into that i'd love to and i i'd love to visit if you thought it was appropriate for a different checklist which is a checklist where investors ask themselves what's important to them and how much work they're willing to do uh an investment that suits an old fat rich guy like me might be very different from an investment that would suit a different investor in speculator uh i've enjoyed uh 40 years of working with investors and i actually believe that due diligence uh begins with one's own psychoanalysis in other words how much work one is willing to do what one's time preference is uh what one's needs and wants are are the preconditions to the companies that one might that one might choose to interrogate and i'm leery about putting the cart before the horse so uh that's my own way of inviting myself back under your show twice rather than once okay great i absolutely a thousand percent agree with that so yes add that list to the to the docket too all right rick well look as we wrap up here um do you just sort of have any any general advice to the viewer here who is concerned about the macro risks that we talked about at the beginning um you know beyond uh you know looking into the specific uh names that you mentioned there and and looking at those as potential uh you know investments to consider do you have any sort of general advice for these people who are you know excited by the potential opportunity that the commodity space is offering but at a higher level they're very worried about today's asset prices and everything else that are at record highs they don't want to become collateral damage if there is uh you know some sort of reckoning here um you know in the general market um uh to that type of viewer who i think probably meets the dna pretty well the folks that you worked with at sprott um the clients you worked with that's brought what what would you say to them given this moment in history in your outlook three pieces of advice um the big thinkers in the world don't want you to hold any cash so hold cash despite the fact that the purchasing power of your cash declines in value over time uh holding cash gives you option value if the circumstance that we're in gives rise to a conference confidence and liquidity crisis and we experience the same type of market that we experienced in 2008 i'm not saying we're going to but if we did having the cash would give you the tools and perhaps the courage to take advantage of that situation rather than being taken advantage of 2008 turned out to be a very very very good time for me uh because i went into it cashed up and i had the guts to use the cash so the first thing is hold cash and by the way from my viewpoint gold is good albeit volatile cash the second thing is in terms of cyclical investments like natural resources and precious metals emphasize for most of your portfolio high quality bull markets give you so much beta that for most of your portfolio you don't need to outperform the beta importantly in a yield starved world the decapitalization of resource businesses is a wonderful way to generate yield so look to companies that in addition to having promise over three to four years uh compensate you for the net present value of your cash by giving you high dividend yields which are certainly achievable uh in natural resources to the extent that you speculate and by the way i love speculation uh understand first of all your risk limitations use money that you can afford to lose half of for speculation and understand that being a successful speculator means that you have to do a lot of work i argue as a rule of thumb that speculative portfolios should have the same number of stocks as the number of hours per month that a speculator wants to work understanding his or her own portfolio the idea that got a hunch bet a bunch uh i've watched people try it for 40 years and i've never watched it work wow uh rick thank you those are incredibly wise sage advice from a man who's been in the trenches for honestly more decades than than most people have been investing and uh to have summed it up so succinctly and powerfully like that um thank you that really is those are exactly the types of gems that we hope to unearth on these video programs so rick as we wrap up here um i know that we mentioned the beginning that you're retired um if folks want to learn more about you follow you etc where should they go well as i said i'm liberated now i'm no longer a sprott employee so i encourage those discussions uh my friends at sprott have left me a facility if anybody cares what i think about their natural resource portfolios they can go to a website sprott usa.com forward slash ranking that website will change in a month but that's what it is right now uh leave your natural resource stocks and i personally will rank them one to ten one being best ten being worst i'll comment on individual issues if i think that my comments have any value and in addition to that if you mention uh in the question line charts i'll uh include two charts not for technical analysis but rather as illustrations one is the behrens gold mining index the most inclusive and longest running gold equities index exist ant which i think is wonderful for understanding uh how gold bull markets and bear markets work the second is the goldman sachs commodity chart which goes back a hundred years and talks about how commodities and industrial materials are valued relative to other asset classes going back a hundred years those two charts are great visual aids to uh encapsulate the discussion that we've been having today once again sprott usa.com forward slash rankings no obligation i'm not a broker uh so happy to have that discussion wow great well rick well when when we edit this we'll put the url up over the screen so people can clearly see it i suspect you're going to get an avalanche of people going there uh once this video goes live that is an incredibly generous uh offering that you're making to folks there to provide that that type of feedback to their their submissions um uh anyways uh i'm so excited for uh to share this video once it goes out but i'm i'm even more excited to have you back on again to talk about the uh the other uh checklists and other types of um uh you know bringing your sage and highly experienced wisdom to the investor that's trying to make sense of this incredibly confusing time that we have going on right now and i think uh you know people who are who are have been waiting for the commodity complex to wake up are getting very excited at the same time they're looking at the nosebleed level of the overall market and uh there's just so many crash currents out there that we really need seasoned experts like you to help people keep a firm hand on the tiller so with all that said rick thank you so much for coming on the program we'll let you get back to your busy busy retirement it sounds like but look forward to having you back on the program again soon a pleasure gentlemen thank you for having me on all right all right well mike and john yet another phenomenal guest expert and one that i think you guys owe a nice big fat check to because he just put the ball right up there fat on the tee for you guys saying that hey owning cash is a sage thing to be doing in this market environment um you know obviously he's a big fan of the precious metals industry oil and gas industry et cetera i mean that almost sort of sounds like the current um allocation of the new harbor portfolio so uh mike why don't we start with you this week um what were your reactions to to rick's brilliance there i really enjoyed it thanks rick um i just made some notes here i totally agree with what rick said and and new harbor was on with rick in a video last year and and uh i remember him saying that um you know don't worry about picking individual stocks so much in the in the gold mining site in silver mining sector worry about getting exposure to beta primarily just summarizing what he said and that's you know that we believe in that we think that the move in precious metals uh has been strong and will continue to be strong for some time and we're you know it's been a core position for us we do have some hedges um in place that make us and our clients feel a little bit more comfortable with the ride we've got some callers where we take a partial position in short call options and we buy put options on the downside but you know by and large we we agree you know get some beta the biggest exchange traded fund that owns gold stocks has like 52 different stocks and there a lot of the ones that rick just mentioned insofar as he talked about individual names those those individual names were great too there was a lot of royalty companies in there which is it's a good safe way to you know to to participate in in the sector so overall it's really good and um i totally agree with with resource stocks in particular not just gold you know oil and gas we've got to position oil stocks as well so uh with that i'll pause but uh enjoyed it all right well john let me let me give you a chance to react and also um you know the precious metals and the mining complexes has been doing pretty well over the past week or two um so in your answer if you can just sort of comment on whether that's translated into anything positive for the new harbor portfolio yeah yeah we we've definitely seen a tick up uh related to the precious mining stocks that we have in our portfolio and uh while we do have those hedge we we do set the hedges uh with tolerances such that it doesn't snuff out those those bounces higher uh when they do occur and and to be fair um the recent weak weakness in in recent months uh was it was a drain on on the accounts a bit too but there again that's why we have hedges and we were able to to soften and mitigate uh or at least take off the table any material downside there so but absolutely and there's big picture themes here um you know obviously the inflationary impulse that's starting to read through the data is helpful um you know um the dollar has kind of turned down on on uh what was a short term you know move higher um and we're at kind of a critical test of support for the dollar right now um likely see the dollar go lower here which is generally a pretty good um you know counter counter move relative to precious metal and other commodity prices um so yeah we're very we're glad to be in the space we agree with rick that what we've seen here was more of a um you know cyclical uh pullback in it and a much longer and broader um bull market rally in the space all right i want to get to gold specifically in a second but i i do want to one of the big reasons i was excited to bring rick on is is he is an expert in all sorts of different natural resources he talked a bit about water uranium oil i know you guys have a position in oil um but presumably you guys are following you know the entire natural resource complex as well and just looking for you know attractive entry prices and and whatnot i see a nod in there john so maybe i'll go back to you quickly here but just um you know give us a quick read in terms of your guys's view of this commodity cycle is it something you're planning on investing more in while still you know i guess maybe also talk the fact you're still holding a chunk of cash and my senses is you're holding that there to move it you know lots of places but particularly into natural resources but once the uh the value ratios are maybe a little more attractive but absolutely we are looking very have been looking very closely and continue to look very closely at the broader commodity complex we do think we're probably on the verge of a longer term super cycle you might use that term uh near term we think the the complex has got a little ahead of itself and a rick mentioned early on in his comments that you know he he's surprised we got here on some of these commodities so quickly um you know we we agree that they've probably gotten a little uh overheated in the short term here you know lumber was was a poster child and you know we've seen some pretty dramatic lumber recently so that doesn't we don't think that means that the broader commodity cycle is is over we think this is probably just a cooling off period um so we do have energy exposure and we we did add that for our larger accounts that can take the position back in december it's been a nice strong sector for us we've been keeping an eye on basic materials and other agricultural type commodity plays you know funny just today we were and we always banter around different uh charts and and economic and market data and just today we looked at two charts you know big big picture macro charts on commodities you know one is a chart that you know we have shared i think before on some of these videos um if you look at the commodity index priced you know as a you know or the s p 500 for example as a ratio to the crb commodity index um rarely has the commodity index been this low or this lowly price relative to the stock market in many many many decades now we've seen that moderate a little bit in recent weeks and months as commodities have taken a turn higher but man we're still still are vastly undervalued there now of course we're measuring that against a stock market bubble that's arguably never been as extreme as it is now so there's some you know bias of comparison there but we also looked at a chart that you know showed you know some correlation between like credit impulse measures and particularly in china and the cyclical prices of commodities and you know on some of the shorter term indicators it certainly looks like commodities have gotten broadly ahead of themselves even if it's in a longer term bull market great and john do me a favor send me over those charts after if you can now overlay them while you're talking um all right mike coming back to you um again i'm going to get to a gold specific question here in a second but um if you could literally just give a quick update on your guys's hedging approach for the new viewers here because i think it's it's particularly appropriate right now where you have a sector that you're excited about its long-term upside potential so you want to have it you know a position within it but as rick was saying earlier and john just mentioned you know there are periods where it may run a little bit ahead of itself um and so it sounds like what you guys are doing is you know as prices increase um you are you know putting hedges against your positions and as the prices go up you're moving your hedges up as well such that if there is a correction you know mid-cycle um you've got downside protection in that case um a did i describe it correctly and b say whatever else you want i just want folks to to be aware that there are ways to protect your downside uh when going after the larger term upward opportunity here yeah so there's a few facets to that question and to the answer i think um and i'm not sure if your question pertains to gold itself or the miners but it's really any position but i think it it sounds pretty relevant to all the commodity sectors that risk was taken so yeah i mean like john said some of the commodities have gotten a little ahead of themselves lumber wheat soybeans corn the you know those agricultural commodities have have fallen what they've corrected quite a bit over the last couple weeks and maybe setting up for some kind of entry really left behind was gold and silver bullion for the longest time i mean it's certainly in an uptrend but uh since it's high in august of 2020 gold had a 20 pullback for instance you know i mean it was in this bear market and we were watching the support shelf at 1760 for a long time we said that on on some videos and then you know we there was one last stab down to the 1680 to 17 20 zone which we thought was a good a really good place for people to establish positions and you know maybe add if they if they felt like they didn't have enough and i i will get to the answer about hedging but i i guess i want to say that for your core position we don't really think that uh if if somebody has a core position in bullion you know locked away in the safe or something like that they probably don't have to hedge that there's there's ways to do it but it's it's kind of expensive and difficult but so start with you know putting that's risk that's rick's you know have your insurance position right yeah put your insurance position away don't think about it right and you know what what so when we walk we uh work with people we're having them set that up but then over and above that you know we've got a core position in our managed portfolio for mining stocks and that's much more volatile you know maybe three to four to five times more volatile and we actually think that the mining stocks are at fantastic valuations and you know rick pointed out all the great reasons to own them too but you know in march of last year um the largest uh gold mining exchange traded phone etf gdx went from 30 to 16 in two weeks and we had some protection on it to to help us through that um we're at a time where the s p could literally have a mini a mini crash or even something worse you know because of a lot of the technical things we're seeing so we love mining shares but there could be a downside reaction that we want to hedge against and that's where we think the hedges are important so nothing and nothing is free you can't put hedges or insurance on without spending something for it and it can often be expensive so we put put we use put options on our positions gdx for example so we'll buy put options but we'll pay for them or most of them by selling call options at a price above the current price so if gdx is at 40 just using an example we might sell call options up at 44 on a piece of it and then we'll use that money to buy some deeper out of the money put options maybe down at 32 or something like that so the deductible is going to be between 40 and 32 so we can't ever offer somebody no deductible but what we can do is make the ride safer and feel better so yeah in the case of a move from 40 to 32 there's going to be a 20 drop in that position but again we can't take the volatility out what we want to do is help people sit through that and hold on to the position right right and the 20 drop as painful as that may be is a lot better than a 50 drop if that's where the market eventually goes right yeah because we because we believe in it we believe in it wholeheartedly and yes we continue to uh adjust those callers so to speak and we'll continue to do so until you know which time we don't think it's necessary so okay and speaking of gdx in particular i think you mentioned to me recently when we chatted offline that that you guys were raising that uh those puts on your gdx position because it had been creeping up is that true we recently uh well that was a couple of months ago we we did raise it up to a level that is down near near 30. we're probably going to be moving that higher in the very near future so we haven't adjusted it in the last i don't know maybe six or eight weeks but we're going to adjust it soon because you're looking to adjust it soon yeah okay great so last point here as we wrap up guys um uh i issued a video yesterday about this kind of the carnage that happened in the cryptocurrencies uh when was this now not last night but the night before and um one of the charts that i mentioned the video i'm going to pull up here it's a chart of the gold the bitcoin price ratio and what's interesting about it is for the first time really in about a year that ratio is moving higher after having been just on a steady decline for the past year and i think it's too early to claim a trend change but it is interesting it there's a increasing amount of chatter out there on the internet right now and amongst investors that money may be beginning to capital may be beginning to flow from the cryptocurrency space into the precious metals you know cryptocurrencies have run hot and hard for the past year um kind of to rick's point about some of these commodities i think people are waking up to the potential that uh prices may have gotten ahead maybe way way ahead in certain coins than they should have and that that audience you know is looking uh it invested in the cryptocurrencies for philosophical reasons um and concerns about you know purchasing power protection and all that stuff and if you're removing it from the digital space there aren't too many options out there that are better for that type of mindset than the precious metals so you know if the cryptocurrency complex continues to decline from here um we we really may see an acceleration of this trend so just curious if you guys have been noticing that um john i'll i'll move it to you but is that something you guys are keeping your eye on right now yeah well it's hard not to notice the the cryptocurrency arena uh because it is um for for any and all kind of redeeming and legitimate um uh underpinnings of crypt cryptocurrencies it has been nothing short of uh spectacle theater to see the kind of speculative and and um you know a manic kind of uh piling into anything that has crypto label on it you know um some some coins that literally doji coin is was started as a joke literally and uh you know so many differences of that for example as compared to bitcoin that you know most folks don't even realize it and a lot of a lot of folks not to pick on dojo coin but uh you know a lot of folks uh piled into it because of uh you know elon musk's tweets again not to pick on elon musk but man i saw i saw a thread today in some of the chat boards about people basically blaming elon musk for his tweets for why they lost their life savings it's just like you know it's crazy what's going on in the space um and you know even even some of our our very clear thinking clients i think are getting confused by so many different cross currents there because it is spectacle theater and it's really unhealthy well um agreed again i'm trying not to pick a fight with anybody here in the crypto space um although on dogecoin i'm happy to beat on on dogecoin all day long and i do on twitter i do think that that is probably you know a historic um milestone in terms of um irrational investing um so if if the cryptos do have a material collapse from here or or big price correction um when the history books are written i think dogecoin may be the new dutch dutch tulip story of the modern era all right well with that guys we are at the end of our time here but a great conversation with rick really enjoyed him as a guest can't wait to have him back on again and i love how uh you know his key insights really seem to be brought to life very well by how you guys are managing uh things there at new harbor um so as we wrap up uh folks viewing you know i usually give kind of a list of things here at the end i've got basically just two asks this week one is if you're a new viewer you've enjoyed this conversation you want to hear more like it take a quick second click the subscribe button below and for everybody watching um if you thought this was a good interview and you've got anybody in your life who you think would benefit from these insights please share this video with them um we're trying this out um if uh if we see the notable uptick in the people coming to the site we haven't seen before we may continue to ask you to do this because really what we're trying to do here at the end of the day is we're trying to open people's eyes increase awareness of uh you know what we think might be the the more reality based rules of how money and capital formation really works and try to get some people that are maybe you know just um kind of sleepwalking through the current casino that these markets have become maybe try to get their eyes opened a bit so that if some of these risks that that rick and we have been warning about come to fruition they hopefully will have taken some prudent steps beforehand uh to protect themselves their wealth and their families financial futures all right folks with that said if you want to see who's coming on the program in the future and we've got some great guests coming up in the next couple weeks just follow me on twitter at menlo bear and as a reminder to all um the good folks at new harbor offer financial consultations to anybody who wants to talk to them and ask hey here's how my money is currently allocated here are my goals what should i be doing they will do that for you for free no strings attached if you want to find out about that stick around at the end of the video which is coming up in just a few seconds john and mike again great conversation this week whatever the markets do from here we will be tracking it together and trying to make sense of it for our viewers next week so see you guys then we will see you soon adam thanks again see you then adam thanks if you'd like to schedule a consultation with one of the financial advisors at new harbor financial simply go to wealthyon.com these consultations are completely free and there are no strings attached the good folks at new harbor will simply answer any questions you have about your investment goals or your portfolio and give you their best advice given their latest market outlook they're willing to do this because they care about protecting people's wealth and because wealththeon has connected them with so many thoughtful investors just like you over the past decade we started doing this because so many people have approached us in frustration looking for a solution because they're feeling out of alignment or downright ridiculed by the standard financial advisors who have been managing their money you know the type the kind that just pushes all of your money into the market scoffs at the idea of owning gold and when you bring up concerns about the market's sky-high valuations they say don't worry the market will always take care of you for many of the reasons discussed in today's video we think this is one of the most challenging and treacherous times in history for investing we strongly believe that today's investors are best served working in partnership with a conscientious professional financial advisor who understands the risks in play now we're agnostic which professional advisor you work with as long as they're good if you're already working with one that's fantastic stick with them but if you don't or are having trouble finding one you respect or trust then consider talking to john and mike and the team at new harbor now for those about to ask yes there's a business relationship between wealthy on a new harbor which we've put in place to make sure everything is handled according to sec regulations all the details on this are clearly provided on the wealthyon.com website also it's important to note that new harbor is able to work with u.s citizens green card holders and those with existing assets in the usa but for regulatory reasons they aren't able to take on non-us clients all right with all that said if you'd like some insight and guidance on how to protect your wealth during this unprecedented time in the markets go to wealthyon.com to schedule your free consultation with the good folks at new harbor thanks for watching

Channel: Wealthion

Views: 111,841

Keywords: Rick rule, mining stocks, best mining stocks, hot to invest in mining, value assets, commodities, commodities market, commodities trading, investing for inflation, Real estate bubble, us debt, investment research, financial, financial advisor, Stock market news, wealth management, hard assets, wealth, gold, silver, wealthion, adam taggart, rick rule gold, mining stock, mining stocks 2021, mining stocks 2022, mining stock picks, best mining stock picks, mining stocks to buy

Id: jFi6bARlDt0

Length: 37min 44sec (2264 seconds)

Published: Fri May 21 2021