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Systemic Banking Issues Far From Over | Rick Rule
Depositors have largely forgotten about the banking crisis which began earlier this year. However, the systemic issues in the banking sector are far from over, says legendary investor Rick Rule. Many banks' balance sheets, if marked-to-market, are insolvent. The Fed may be able to create a "soft-landing," however, this would merely be a perception and not reflect actual economic conditions. He expects continued high inflation in the coming years.
The In-Person Rule Symposium on Natural Resource Investing is returning to Boca Raton, FL this coming July 23-27, 2023!
Don't miss this opportunity to meet the most trusted collection of speakers and exhibitor companies worthy of your investment consideration on the planet!
Click HERE to register to be onsite, or to purchase the livestream!
https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2023#/?affl=DunagunKaiser
Rule's offer to rank your natural resource portfolio: https://ruleinvestmentmedia.com
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INTERVIEW TIMELINE:
0:00 Intro
3:01 Banking system
9:20 Interest rates
12:57 Inflation
22:24 BRICS currency
25:25 Bullion market
31:30 Rule Symposium
37:56 Rule’s offer
39:36 Miles Franklin
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