Rick Rule: These Commodities Are Mind-Bogglingly Underpriced

**Adam Taggart** (0:00)
So, let me ask you this, Rick, how much of this value enhancement, these crazy efficiencies that we're talking about here, that will only get better as AI gets smarter, how much do you think is priced into these companies right now?

**Rick Rule** (0:17)
Zero.

**Adam Taggart** (0:27)
Welcome to Thoughtful Money, I'm Thoughtful Money Founder and your host, Adam Taggart. Welcoming you for a discussion I'm very much looking forward to. It's with the great natural resource investor, Rick Rule. Rick, how are you doing, my friend?

**Rick Rule** (0:39)
I'm doing very, very, very well, Adam, not least of which for re-engaging in conversation with you, which I enjoy.

**Adam Taggart** (0:48)
Thank you. Right back at you, you're so kind. And so, silver-tongued, and yes, folks, we are going to talk about silver soon with Rick Rule. Rick, you've got your hands in a lot of different endeavors at the moment, and they all seem to be going great. You and I were catching up a little bit before we turned the camera on here.
And one of which I just want to quickly highlight for the audience here, which is your annual symposium, which you do every July, so it's actually coming up quite soon here. You do it in Boca Raton, Florida, and it's a hot time of year to be there, but that doesn't discourage folks from going. And the in-person part of the event is already sold out as far as I understand. But you do offer an online experience for a much reduced price. People can basically watch all the content from the symposium from the comfort of their own homes. So we'll talk a little bit more in detail about the symposium near the end of this. But two things. One, folks, if you want to learn more about that and sign up and reserve your online seat, just go to thoughtfulmoney.com/rulesymposium.
Knowing that I'm going to give you a little bit more time near the end to really flush it out, just this 30 second version, what should folks know about the upcoming conference, Rick?

**Rick Rule** (2:04)
Well, first of all, as you know, Adam, I've been participating in investment conferences for about 50 years, and I'm a highly competitive person.
And I want to put on the very most useful conference of its type.
And I think I do that. I think we make it better every year. If you make something better every year for 30 years, and if your orientation is to be the best, I think we can and we will deliver. When people think about the conference, we'll talk more about it later as you suggest, remember this to begin with. We are confident enough in our content that we tell every exhibitor, whether they attend live or via live stream, that if they are not 100 percent satisfied with the value we delivered, we'll give them their money back. It's the only investment conference I know of in the world that has enough confidence in the content that the consumer at his or her sole discretion has the ability to say, Rick, you didn't deliver, give me my money back. Now I also need to say in 30 years of making that guarantee, our content has been good enough that we've had to refund less than one-tenth of one percent of the tuitions charged, but that guarantee is pretty profound.

**Adam Taggart** (3:35)
That's a great guarantee, and I know that for the very small fraction that you have refunded, it has been less because they didn't find value in it, it's because they felt overwhelmed. There was so much value there. Fantastic. We'll look, folks, like I said, we'll talk a little bit more about it near the end here. I just want to note, one of the things that really differentiates this conference for me is, Rick's the hardest working man in retirement. He's chuckling as I'm saying this. We can't even call you retired anymore, Rick. But he goes to lots of conferences, and what's great about this one is to be in the conference as a presenter. You can only be there unless Rick has handpicked you. So it really is the best of the best when you go. So if you're interested in the hard asset space and you only want the cream, you get it at Rick's event. Again, folks, if you want to sign up for it, go to thoughtfulmoney.com/rulesymposium.
The link will also be right in the description below the video here too. All right, Rick, lots to talk about. I will give you a chance near the end too as well to give a quick update on Battle Bank, which is going great from what I hear from you. But let's get to the meat of the sandwich early if we can.