00:00 Introduction01:27 Retiring from Sprott USA & Rule Investment Media10:48 PSLV - the result of Eric Sprott's prescience19:22 Misunderstood metals22:27 Meme-driven markets24:34 Trend of crypto crackdown27:44 Promise of the right gold-backed tokens36:11 Drifting from the dollar42:23 Outlook for cash
SBTV spoke with Rick Rule, President and CEO of Rule Investment Media, about how the best gold-backed tokens built on the promising distributed ledger technology could bring back gold and silver as money. These gold-backed tokens, if implemented right, would be decentralized and their gold-backing verifiable making them reliable mediums of exchange.
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.