Rick Rule: How To Be Your Own Bank

Liberty and Finance, Released on 4/20/23

Legendary investor Rick Rule says it is important to have cash liquidity. And in the current banking environment, "You need to make sure your bank has enough liquidity that they can handle momentary panics." He suggests having precious metals as well, noting, "Gold, from my point of view, is insurance." Gold, even in liquidity squeezes, often performs well. Rule discusses how investors will have the option to borrow against their physical precious metals through his new project Battle Bank.

0:00 Intro1:46 Borrowing against metals7:46 Bullion liquidity13:18 Miners & environment16:14 Balancing risk17:09 Battery Metals25:40 Poverty33:40 Carbon output39:40 Rule's offer43:15 Miles Franklin

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: How To Be Your Own Bank added by Herman James on 04/19/2023View all posts by Herman James ?+'