"I Own Gold Because I'm Afraid It'll Go To $9000 or $10,000" | Rick Rule
Legendary investor Rick Rule tells us he is concerned about the purchasing power of the US dollar. He’s not buying gold to see gold go from $2400/oz to $2700/oz. He’s in gold because he’s scared of the US dollar’s trajectory and concerned gold will go to $9000 or $10,000/oz. He discusses starting a natural resource portfolio and the considerations investors should make when starting investing in the gold/silver sector.
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INTERVIEW TIMELINE:
0:00 Intro
2:12 Where is silver headed?
4:58 Gold/silver mine nationalism
6:30 BRICS & gold
9:15 Gold/silver ratio
10:40 Investment percentage in gold/silver
12:17 M&As
17:20 Exxon Mobil
23:03 Gold/silver confiscation
25:54 Gold/silver and a portfolio
28:10 Big banks
31:50 Ivanhoe mines
26:11 Donlin mine
38:10 Rule Symposium
43:09 Rule ranking offer
47:10 100k subscribers!
50:07 Weekly specials
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