Rick Rule & Josef Schachter – Commodities Bull Market, Gold’s Next Leg Higher, and Energy Buy Signals
Precious metals surge while generalists stay on the sidelines, copper sets up for a supply crunch, and oil investors await a “table-pounding” buy opportunity.
This KE Report Weekend Show dives into the dual bull markets in precious and industrial metals with Rick Rule, and the near-term downside but long-term upside in oil and gas with Joseph Schachter. From gold’s re-rating to Canadian energy yields, the insights are packed with actionable takeaways for active resource investors.
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- Segment 1 & 2 – Rick Rule, founder of Rule Investment Media and Battle Bank, discusses the dual nature of today’s commodities bull market – precious metals driven by fears over U.S. dollar purchasing power and broader commodities challenged by underinvestment and economic risk – along with insights on gold producers, silver opportunities, copper outlook, and the role of M&A and prospect generators in the sector.
- Click here to visit the Rule Investment Media website and have Rick grade your portfolio.
- Segment 3 & 4 – Joseph Schachter, founder and editor of the Schachter Energy Report and writer of the Eye on Energy Substack, shares his outlook for oil and natural gas – calling for near-term weakness below $60 as a “table-pounding buy” opportunity, a rebound toward $75–80 into winter, and longer-term multi-bagger potential in Canadian energy equities as LNG growth, infrastructure, and global demand drive the next upcycle.
- Click here to learn more about The Schachter Energy Report and Josef’s upcoming conference on October 18th.
Hi Ex, don’t you think Minera Alamos (MAI) has too much on their plate since they took over Calibre’s gold mining properties in Nevada, and considering all their other properties. Over expansion can kill a company quickly, very few managers can keep all those balls in the air successfully especially with so many of them in development.
I still believe that Calibre Mining made a big mistake when they merged with Equinox Gold. It seems Equinox really wanted the Valentine project in Newfoundland.
I guess what I’m really asking is what are your thoughts on Minera as they digest these new properties going forward. I know you are well informed on this situation. You were a big supporter of Calibre in the day. Thanks, DT
Hi DT. I laid out my thoughts on the Minera Alamos acquisition of the Pan Mine and development-stage Gold Rock projects in this Substack article:
Merger and Acquisition Opportunities In The Mining Stocks – Part 12
Excelsior Prosperity w/ Shad Marquitz (08-10-2025)
https://excelsiorprosperity.substack.com/p/merger-and-acquisition-opportunities-ad2
Hi Ex, thanks for filling my boots with your in depth analysis. I took some of my booty from HydroGraph and sprinkled it around in some of the near term gold producers. It is always good when we share information with others and you do more of that than anyone I know. Much appreciated, DT!
Agreed on the sharing of solid investing ideas with one another DT. That’s one of the best benefits of forums like these… learning about new ideas and refining a known but evolving thesis.
Yes, it is a good idea to occasionally pull profits on a play that has worked out in a big way (like Hydrograph) and then sprinkle some winnings round into other compelling ideas that could be future movers. May you have prosperity in your trading!
https://www.fibonomics.com/2025/08/natgas-awaiting-confirmation.html
NatGas : Awaiting Confirmation (Bottom or Bounce?)
This monthly USD priced in gold chart is interesting and perfectly consistent with gold going much higher and doing so soon.
https://schrts.co/MAtcbZCA
Hi, Matthew. Thanks for the chart. USD is very oversold. Maybe some correction?
Alex: Just now doing the numbers, via AB.CDs etc. and your point is valid. A minimal 38.2% pop per the Sept 2022 peak would be to .0444 which nearly matches the Aug 2020 trough. BDC
The dollar index is oversold vs gold but is not oversold at all by itself. Here’s the same monthly look but without gold:
https://schrts.co/RQnAQPeR
All things considered, I am not even slightly nervous about the oversold reading of the dollar vs gold. In any sector, some of the most aggressive moves down begin from oversold readings.
The reverse is often true as well. Look at the Nasdaq in 2013 and 2017. The first overbought monthly readings kicked off moves of over 40% and that’s in addition to the gains that happened prior to those overbought readings!
https://schrts.co/fdzyixAW
Stock market crashes are part of the American psyche, and crashes tend to occur in the fall as the cooler winds sweep in and the public psychology becomes more cautious but the underlying currents must be there and they all are. DT
Two new methods push graphene’s electronic quality beyond traditional semiconductors. DT
https://techxplore.com/news/2025-08-methods-graphene-electronic-quality-traditional.html
IPT priced in gold has been consolidating bullishly for the last 6 weeks…
https://schrts.co/PrqhPkcg
This Precious Metals Bull Market Is In Melt-Up Mode
Excelsior Prosperity w/ Shad Marquitz (08-30-2025)
Charts of gold, GDX, GDXJ, Silver, SIL, and SILJ
https://excelsiorprosperity.substack.com/p/this-precious-metals-bull-market
Ex,
Re: your latest article on the melt-up… while there are many anticipating a market downturn, in addition to your personal caution, I’m wondering where we might be going from here and how that would impact a few of my holdings.
Specifically, I am sitting on some USAS and Novo that I picked up a while back when they dropped dramatically, and am wondering where you see them going.
Further, I have been holding a relatively small amount of Riverside (RRI) for a few years, which has been pretty well a nuthing burger. I had thought this one would get some lift, but it hasn’t moved.
So, I’m weighing the strategy of holding of them for an eventual gain (figuring that a future high tide for PMs will float all boats) vs selling them over the short term to put those funds into something else with more torque.
Any thoughts would be welcome.
here is one for Matthew. i remember years ago when you held a huge position in scorpio gold, and ipt. i jumped in also but sold out long ago. i have a large position (for me) in ipt and am wondering if you still believe in scorpio gold NOW?
I had 5 million shares of Scorpio but sold all of it years ago. My son still holds it because I never changed my mind about its potential, especially with the Manhattan Project, the one they still own. It had a market cap of under $10M when I bought a lot of my shares and now it’s sitting at $87M. So it’s a different play today and probably a very good one because of the changes the company has gone through in time for the most powerful gold bull market of our lifetimes.
Two Top Shelf Stars!
Thanky! Thanky! Thanky!