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Rick Rule: Large Miners "Crowding" Back Into Exploration

Rick Rule, Chairman of Sprott US Holdings, discusses the general state of the resource equity market. He notes that the "Cost of Money is high, Large commodity producers are depleting mine reserves," and are now shifting back toward exploration.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 25340.00 1.13%
S&P 500 2767.13 1.40%
NASDAQ 7496.89 2.24%
TSX 15414.29 0.63%
TSX-V 698.60 0.00%

Resource Commodities

Name Last Change
Gold 1230.10 0.91%
Silver 14.75 0.95%
Copper 2.79 0.000
Platinum 846.00 0.35%
Oil 71.34 0.52%
Natural Gas 3.16 1.93%
Uranium 27.58 0.00%
Zinc 1.21 0.00%

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