Video News/Digging Deep

Rick Rule, President and CEO of Rule Investment Media, says recent oil and LNG price movements tied to the Persian Gulf conflict are being driven by expectations rather than actual supply disruption. Speaking with Kitco Mining’s Digging Deep, Rule said markets remain “anticipatory rather than reactive,” warning that if shortages materialize, “the price impact is going to be very different than the price impact that we've seen,” pointing to the potential for sharper moves in the near term. Rule also highlighted uranium as a key beneficiary of rising energy security concerns, saying “the real unsung beneficiary will be the nuclear power industry and by proxy the uranium companies.” He added that resource nationalism is likely to intensify across key jurisdictions, while pointing to ongoing consolidation in gold, including G Mining’s roughly $3 billion acquisition in Guyana, and growing government involvement in rare earth supply chains as indicators of shifting capital and policy dynamics.