Fed will back off aggressive rate hikes, but this asset will still be decimated - Rick Rule

By Herman James / May 24, 2022 / marketsanity.com / Article Link

Kitco News, Released on 5/24/22

Rick Rule, Founder of RuleInvestmentMedia.com and former President and CEO of Sprott U.S. Holdings, speaks with Michelle Makori, Editor-in-Chief of Kitco News at the Vancouver Resource Investment Conference to discuss the extent to which the Federal Reserve will raise interest rates this year, and which asset classes will be most affected.

Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.

Fed will back off aggressive rate hikes, but this asset will still be decimated - Rick Rule added by Herman James on 05/23/2022View all posts by Herman James ?+'

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