In Today's episode, we have the first of a four-part video series with Mr. Drew Rathgeber who has over 15+ years of trading experience. He is the creator of “AccuMarkets” (Specific Trades) and his weekly “vBlog Rath Overlay” (General Overview & Market Trends) with upcoming reports that affect future prices. As a Series 3 licensed Commodity & Futures Broker, Drew has essential knowledge for Speculators and Hedgers alike.
Drew began his commodity trading career in 2003 becoming Series 3 licensed in 2006. He is the author of his weekly market update ‘Rath Overlay‘ and specific trade advice ‘Accumarkets‘ where you will receive expert trade recommendations for many of the most popular markets including Indices, Precious Metals, Energies, Grains, Cryptos, & Financials – trade advice and strategies from a licensed professional.
Here is a summary of what you will learn in this interview:
• What’s the...
Rick discusses how Sprott is a Canadian company that manages 11 billion in assets. They focus exclusively on natural resource investments. He has been in the business for forty years and experienced four market cycles.
The resource business is very cyclical, and you have to be a contrarian investor if you are in this space. The recent bear market has been spectacular in which prices fell on average by sixty percent. The resource index for equities declined by 88%. We are currently coming out of that bear market.
The more risk you take, the more reward you can gain, but you have to put there time and effort into it. Early bull market gains can be obtained by just buying the best companies. There is a difference between investment and speculation, and you need to figure out where you are as an investor.
You should invest in yourself before you invest in markets. You should start by reading the intelligent investor by Ben Graham, and Rick feels its the best investment book he has...