Ok just got his from Money Morning. Following are excerpts from an interview with Rick Rule.
The Commodities Bull Market: Insights on Energy and Agriculture
By Peter Krauth, Global Resources Specialist, Money Morning (USA)
It is one of the reasons why I recently sat down with resource investor extraordinaire Rick Rule.
Insights on the Growing Markets in Energy and Agriculture
Rick Rule: I like the agricultural minerals, meaning potash and phosphate. One of the things that we're learning with 7 billion of us on the planet is that increasing food supplies by increasing the amount of farmland that we have under cultivation is increasingly a difficult proposition. And what we need to do is increase the yields per acre and the best way to increase the yields per acre is through the intelligent application of potash, phosphate and nitrogen.
Rick Rule: So, I'm attracted to the potash business, I'm attracted to the phosphate business and those businesses have gotten very cheap. The potash and phosphate quotes have fallen pretty dramatically in the past 12 months, but I think that they are probably unsustainably low on a going forward basis.
- Forums
- ASX - By Stock
- POK
- share price
share price, page-52
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)