Natural Resource Stocks host Steve Yang sits down with one of the most respected names in resource investing Rick Rule. For more than five decades Rick has financed and analyzed hundreds of mining and energy companies through multiple commodity cycles. As the founder of Rule Investment Media and The Rule Classroom he has become a cornerstone voice for disciplined investors who understand that success in the natural resource sector comes from patience education and arithmetic rather than hype.
In this conversation Rick shares a lifetime of lessons that cut through the noise of daily market headlines. He explains how investors can separate insurance from speculation why gold should be viewed as purchasing power protection and how quality resource companies can outperform metal prices over time. Rick also discusses the upcoming Federal Reserve decision and why policy language often reveals more about the integrity of the US dollar than the rate change itself.
From his famous three-bucket strategy to his blunt critique of over-diversified portfolios Rick lays out a framework for thinking clearly in a sector built on volatility. He covers the mathematics behind the global energy transition the real cost of capital cycles and why narrative-driven investing has cost professionals and amateurs alike billions of dollars.
The interview also dives into education and mindset. Rick outlines how his Rule Classroom platform provides free tools and bootcamps to help investors evaluate their own portfolios and learn directly from industry veterans. He stresses that resource investing rewards curiosity and preparation not blind speculation and that every investor should learn the difference before risking capital.
Whether you are new to mining equities or a seasoned market participant this episode delivers decades of distilled wisdom from one of the sector’s sharpest and most candid educators.
