President of Sprott US Holdings Rick Rule says geopolitical tensions between the U.S. and Russia have given investors an excuse to buy gold and silver.

He says it’s clear the long term bull market on the U.S. Treasury is over. This should mean we are at the beginning of the bull market in gold.

Silver also especially looks bullish. Silver shorts on the COMEX are at extreme levels. Rule says this is bullish.

Other assets he likes are water related investments, high quality farm land, agricultural minerals, and the Uranium business.