Rick Rule: Gold demand 'will increase fourfold' as inflation, QE, debt and deficits impact U.S.
Kitco News, Released on 5/18/23
Rick Rule, founder and former CEO of Sprott Holdings and founder of Rule Investment Media, joins Ernest Hoffman of Kitco News to explain why investment demand for gold will quadruple, how the natural gas market will split, and why his uranium levels are a lock. They also discuss the impact of the developing world on battery metals prices and what the Fed should do about the banking crisis.
0:00 - Gold surge is sustainable4:12 - Junior gold miners7:27 - Natural gas market11:35 - Battery metals16:15 - Developing world demand19:26 - Uranium bull market24:29 - Banking crisis29:14 - Fed's response32:06 - 2023 Rule Symposium
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.
Rick Rule: Gold demand 'will increase fourfold' as inflation, QE, debt and deficits impact U.S. added by Herman James on 05/17/2023View all posts by Herman James ?+'