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Why Gold Is Just Getting Started | Rick Rule
The gold run is far from over, says legendary investor Rick Rule. Unless the US sees a balanced budget, positive real interest rates, and an end of quantitative easing, "I'm not afraid of another 15-years of stagnant gold prices," he says. While gold is at nominal all-time highs, it is still far from its inflation adjusted high. He discusses investing in gold to maintain inflation-protected liquidity and also speculating on specific resource companies.
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INTERVIEW TIMELINE:
0:00 Intro
2:17 Hated commodities
8:50 Commodity stocks
10:01 Gold's performance
16:50 Uranium stocks
17:50 Definition of a Dollar
24:29 Resource companies
29:45 Battle Bank
33:50 Rule Symposium
39:49 Miles Franklin
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