Will your bank lose all your money? Rick Rule says 'sins of banking' not over
The David Lin Report, Released on 4/4/23
The difficulty that our society has is "guaranteeing very, very large amounts of deposits with relatively limited pools of capital," says investor and speculator Rick Rule.
0:00 - Intro0:44 - Banking crisis is not yet over4:45 - How to pick safe banks8:15 - FDIC insurance12:20 - Which banks are "safest"?16:50 - Solution for banking crisis19:20 - Labor market22:10 - Energy market22:49 - Battery metals36:30 - Natural resource investing
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.
Will your bank lose all your money? Rick Rule says 'sins of banking' not over added by Herman James on 04/03/2023View all posts by Herman James ?+'