Rick Rule: Will Gold Fall Lower? I Hope So
Liberty and Finance, Released on 9/25/22 (Recorded on 9/22/22)
The precious metals sector is in a malaise, says legendary investor Rick Rule, president & CEO of Rule Investment Media. He expects that if the Fed is able to continue to raise rates, precious metals will fall in U.S. dollar terms. However, he presumes the Fed needs to reverse eventually, and precious metals will be off to the races. "I'm attracted to lower gold and silver prices," he says, pointing out that lower prices would simply be a better buying opportunity for him. Rule discusses ways to reduce risk amid a volatile market. He stresses the need to invest in your own education. The biggest risk that you face is yourself, he reminds us.
0:00 Intro1:24 Volatility6:20 Gold & silver10:36 System breakdown15:00 Reducing risk17:41 Finding a good bank26:00 Dollar dominance31:18 Fascism41:00 Rule's offer43:50 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: Will Gold Fall Lower? I Hope So added by Herman James on 09/24/2022View all posts by Herman James ?+'