Always appreciate Rick. I listen to him as much as possible. Outside of his knowledge, he speaks unlike many you can hear today. And as an aside, I appreciate that he calls certain folks to Big Thinkers and not the elite. Elite communists or criminals, but not Elite as I would define. Rick Rule is elite.
@@silviofontana5144That gold will be converted into Rubles to buy Russian energy. That energy will be refined in Indian refineries and sold back to Europe at a huge profit.
@soarfinancially: He’y Soarfinancially, the only person I’m listening to is YOU! The other guy (Rik) is just a show -off- know-it-all-self annointed big shot. He is a pompous know it all A___H. . He is going to die with all of his gold and everything else. But Good luck to him trying to get into heaven. On the contrary, you are so humble and helpful and knowledgeable . you speak in ways that everyone can understand. All of your questions are good and you really try to help your audience. Every time you open your mouth big shot Rick talks over you and tries to demean you and he talks over any question you ask. And then he never answers it so anyone can understand. you’re the only reason I’m listening to this. Big shot Rick needs a lesson from God Himself in the virtue of humility. some day he’ll get the reward that he truly deserves from “the big guy” Keep being your wonderful self soarfinancially! Your audience loves and RESPECTS you
@Anthony-xm9ie Talking negative about someone doesn't do you any good too. Be a positive and happy person is more important when we leave this planet. Have a great day.
@@colinbroos5176 Thank you for reminding me of that. You are absolutely correct. I agree with you. And I will consider that to be constructive criticism that I hope I can learn from. I am 99.98% of the time a very positive person. I have no reason to be otherwise. We all slip at times. Mea Culpa! I guess I just don’t belong on this RUclips site . I wish the subject matter were easier to understand because the fact is that I know absolutely nothing about gold and silver or precious metals. I take my hat off and defer to anyone who knows and fully understands this very complex subject. An understanding that escaped me because I didn’t understand a single pompous word that Rick said. Rick needs to decide whether he wants to be the messenger or the message. If he could reflect on that alone and then practice the virtue of humility a bit better, he would probably be OK . Perhaps it was that because I could not understand his words that I noticed his pompous statements and rude mannerisms more. I don’t know why I found him to be so abrasive. It’s possibly just that I think that someone who goes on RUclips to try to teach his or her knowledge to others, is a very special person to care enough to share that knowledge. But with that desire to share knowledge also comes a responsibility on his part. Even more so than normal people because he is setting himself up to be an expert and people cling to his every word, and they depend on what he says more than if they were listening to a common lay person . Therefore, I hold him to a higher standard, and think that he should spend that time teaching his audience in a way that everyone can understand - from the greatest person in the room to the least. instead of bragging about how much he knows, how clairvoyant and how wealthy he is. And if he is so smart, then he should have the ability to include everyone , including people who he feels are inferior to him and his vast storehouse of knowledge. If he wants to do that, he can just buy a mirror and enjoy himself forever. The thing that got me the most is that every time the host opened his mouth and asked a legitimate question, Rick totally talked over him and demeaned him and acted as if he were too knowledgeable to answer such unimportant questions. He never did answer most questions in full. Instead, he elevated himself to the pristine peeks of righteousness. And since I obviously don’t belong here, I will graciously bow out and take my leave with an apology to you, Collin. However, I will continue to watch @soarfinancially because I learn things from him and I like his down to earth personality, his honesty, and his general demeanor. I like that he attempts to include all of his audience and not just the select few that Iare very involved in whatever topic is discussed. Rik is just not my type. And there is nothing wrong with that because there are different types of people in the world and none of us responds to everyone positively or negatively. We mostly respond to those we understand. And try as we may, none of us responds positively to everyone no matter how happy we may or may not be. It is not an issue about happiness. Happiness involves God. People are not unhappy because of a website. “Joy is the infallible sign of the presence of God”__Pierre Teilhard de Chardin And The novelist Leon Bloy understood that It is love brought about by joy that is “the most infallible sign of the presence of God. “
Don't worry..... I'm a total mess.... 80% of everything I invested in .......is SILVER 😮 💥 🤸🏻 I'll let you in on a little secret.... SILVER IS GOING TO AMAZE THE WORLD 🌎 🤫
@@wapiti3750 Well it depends if they are invested in bullion or miners or juniors etc. But yeah, the last 4 months have at least trended in the right direction. But a lot of juniors are now only at the same level they were at a year ago, when silver was at $26! I'll give you a hint, they are in Mexico and Peru, and are not the big boys, but are producing.
Rick is a smart guy. Rick buys a lot of developing mining stocks and warrants on them, for gold, silver, nickel , copper etc. I'm told he now has 50% of his money in cash for future opportunities in case of a recession next year.
100% correct Rick Gold will always lead the bull market silver always plays ketchup because most of the common folk can't afford gold when it reaches all-time highs or just keeps going like an elevator at $50 silver even at the highs people can afford that so they can't afford gold the next option is little brother Silva and that's why it goes up so much faster in the last legs of the bull
With a dollar dwindling in value, to hold it as cash in any great amount will result in unacceptable losses. Stocks in general will get slammed when dedollarization accelerates, and only a certain select few miners will do well, so precious metals right now are a safe place to be IMHO.
Gold/USD is never going down. Just look at the history chart if you don’t believe. Silver has more upside because 1) it is suppressed/manipulated in western markets 2) it has more industrial utility AND is also money.
@@dmonty4354 You won't find a better example of this manipulation than the last few days. When the big banks should be covering their shorts they apparently double down. It's a game that's going to end badly, and maybe the banks know this. And they either have instructions to drag this out or they just can't admit they were wrong (turning unrealized losses into realized losses).
I'm almost 100% in physical gold. I'm shocked that people think 'essential' products are safe when gold spikes to $9000. Everything is priced in USD ... except gold.
@@brianwest7344 LOL I thought exactly the same thing. Once again US citizen puts on display for all to see that they think the world revolves around them. It is that arrogance that is leading to their downfall
I have a lot of silver been buying it since last year that I hear of the silver/gold ratio was already wrong so imagine the price of silver if metals all go up because of inflation and use case like silver being used in solar panels and electric cars . There’s gonna be a huge silver demand that no one could meet and that’s when it sky rockets
No chicks are featured in this video! I assume you are referring to the 20% subscriber percentile Mr. Rule mentioned were signed up for his news letter.
@@BGga.I have been stacking since 2013 or so- I have seen women in the LCS - I was very impressed- A lovely woman at the lounge I used to go to was a gold stacker, we became friends because of being like minded.She even taught me her strategies- I have became friends with my moms friend , because she found out I was a stacker, she is a whale stacker lol! Point is , the women stackers are out there- And I love them!
To Profit on Gold and Silver/ you have to Sell the top/If you Tale Profits/ Then what currency do you hold after wards? USD or some other failing Fiat currency?
Please remove the headline click bait for rick rule, he didn't said: will go to 9k. He just gave an example and by using him with this title is not ok in my opinion
gold has gone up $1,300 + in the last 6-7 years i would assume 10-15% is a low number to be invested in ones portfolio seeing this trajectory . just my opinion
At a time that people are overweight and long NVIDIA (!) I find it strange that Rick Rule is telling people not to get overweight silver. How much lower could it go, than it has been in the last 2 years? Honestly? And I include juniors and miners in that.
good move you wont be getting anymore capital gains tax, transaction taxes etc but you will get the benefit of the increased value against currencies. also everywhere in the world will accept gold. It is the global money.
@@rubencrypttonic8294 lol bitcoin is the worst.. dont fall for that NSA invention.. pre conceived in 1996... DYOR its there. Once people find out btc is government money its going to 0.
As an investor in precious metals for nearly 25 years, this can be tough especially with mining equities. Entry point. stock selection, inclusion of physical into portfolio need to be managed and you need to get that right to some extent. Many people do not have what it takes to sit through sentiment extremes, substantial drawdowns from peak value and the patience to let things unfold. Rick is right. Does anyone really want a world where gold is $8000.? To get there there has to be a lot of bad stuff happen and the consequences will not be that great for most people. You will probably be OK and better off than most. but it is not necessarily a world you end up liking that much. Thinks of where some of your friends and family may be situated for starters.
En fait le comex devrait recevoir l ordre de faire la différence de l or physique / et du papier , ETF or , cela pourrai effacer les dettes si demain l once faisait x 10 ou plus
so many of these interviews are seriously sick. there is no evidence that gold and silver will reach these dizzy heights. Just weeks ago, all interviews were saying gold and silver was in a serious Bull market and all prices would soar. Interviews like this one are nothing but self serving, attempting to cause panic buying and when the market prices rises, these people who are heavily invested in gold and silver, sell of and dump their metal causing the price to drop. Gold Silver are long term investment
Always long term, yes. However, given extreme devaluation of the currency due to inflation and competition from BRICS (+), this period is different. There are important reasons every central bank in every country is buying.
A five thousand year old relic recognised across all human cultures as true wealth. Since value is relative, what can the value of gold be related to in todays world?
With wide world Digital Debt being created by the Billions and Billions of Dollars, a huge percentage of that is backed up by nothing but hot air, the little person might be better off with a bit of money in something more solid, as it's the little person who ends up getting screwed when the ship goes down!
Was a long term investment, but not today in the economic crisis we are in, inflation, bank failures on the rise, and eventual collapse. Nah PMs are a solid investment for now and 20-40 yrs in time
Always Stack Silver! But Convert Gold to Silver right now. Then watch G:S Ratio and Silver industrial NEEDS. Note "NEEDS" not "USE". Then Convert back to GOLD to hold MORE GOLD than have right now.
Rick forgets that he’s rich most us young people are struggling just to make ends meet, have 50% of your portfolio in junior mining stocks is a chance to be financially free sometimes I can’t stand to listen to mega wealthy people their perception is thru a lens of wealth
Rick is certainly telling the truth, however he seems unwilling to make the inevitable statements about the direction of PM(s) given the reality of the economic situation.
The legalization of marijuana makes at perfect sense, as you do Rick. Stop the gratuitous insults and stick with facts. They make your case, most excellently, without the vituperation.
Bad news: I’m female and I watch this stuff, but of the 16 Meyers/Briggs personality types, divided by sex, I am among the INTJ females, the rarest type, about one in a thousand. You’ll have quite a few more INTJ males, I suspect (many libertarians, engineers, physicists, math teachers, programmers, and architects). I was attracted to the more social (feminine?) sciences of communication (marketing, education, peace negotiation) and valuation (economics, trade, limited government). Dispute resolution and avoidance. I’m afraid there are more Sensates in the world than iNtuitives, so reaching the Sensates probably requires dropping a real coin into their hands, and not just talk about mining cycles and fiat currencies. And I don’t think they will ever trust Bitcoin (tangible wealth is required by the majority). Gold rings are popular with the Sensate females.
I work with predominantly females and all of them are negative when I talk about investing or trading. Women are generally much more risk averse than men so that’s part of the reason but generally not interested in the stock market..More interested in feeling type things and aesthetics etc
@@paulsteen7641 I think we do divide our loyalties more than men, otherwise we'd have to choose between children and/or mate. But I'm not typical regarding "feeling" and aesthetics. I don't like trading, but I do like being invested. For me, I'm mostly interested in communication and non-violence which I approach in a scientific manner. Economics combines them into a complex problem! Wars are always economic, and so totally unnecessary if the King would just stop taxing tea.
Women respond to sincerity. If you want a larger female audience, you must prove yourself to be sincere and also not come off as creepy (you don’t seem creepy to me).
Always appreciate Rick. I listen to him as much as possible. Outside of his knowledge, he speaks unlike many you can hear today. And as an aside, I appreciate that he calls certain folks to Big Thinkers and not the elite. Elite communists or criminals, but not Elite as I would define. Rick Rule is elite.
You are 100% right
Just 4 days ago India repatriated 100 tonnes of gold from the UK. That is huge.
interesting fun fact about that is India had the foresight to buy 200 tons of gold 13 years ago when the price was below $1200
so what?
@@silviofontana5144That gold will be converted into Rubles to buy Russian energy. That energy will be refined in Indian refineries and sold back to Europe at a huge profit.
India don’t trust no one
We celebrate parties who had the foresight to buy early and to just hold it until now!
Great interview…I love to hear Rick speak.👏👏👏
Most likely the best Rick Rule interview of 2024...enjoyable AND informative...THANK YOU!!
Wow, thanks! Appreciate the kind feedback. 🙏
When Rick Rule speaks I listen
We are going to have hyper inflation
Him and Moriarty see NO conspiracy vs PM owners.
Me too!
Female subscriber here! 😄 Rick is right. It's all about IDEAS. Thanks!
Hi Hi - thanks for tuning and chiming in here :)
@soarfinancially:
He’y Soarfinancially, the only person I’m listening to is YOU! The other guy (Rik) is just a show -off- know-it-all-self annointed big shot. He is a pompous know it all
A___H. . He is going to die with all of his gold and everything else. But Good luck to him trying to get into heaven.
On the contrary, you are so humble and helpful and knowledgeable . you speak in ways that everyone can understand. All of your questions are good and you really try to help your audience.
Every time you open your mouth big shot Rick talks over you and tries to demean you and he talks over any question you ask. And then he never answers it so anyone can understand. you’re the only reason I’m listening to this. Big shot Rick needs a lesson from God Himself in the virtue of humility. some day he’ll get the reward that he truly deserves from “the big guy”
Keep being your wonderful self soarfinancially! Your audience loves and RESPECTS you
@Anthony-xm9ie Talking negative about someone doesn't do you any good too. Be a positive and happy person is more important when we leave this planet. Have a great day.
@@colinbroos5176
Thank you for reminding me of that. You are absolutely correct. I agree with you. And I will consider that to be constructive criticism that I hope I can learn from. I am 99.98% of the time a very positive person. I have no reason to be otherwise. We all slip at times. Mea Culpa!
I guess I just don’t belong on this RUclips site . I wish the subject matter were easier to understand because the fact is that I know absolutely nothing about gold and silver or precious metals. I take my hat off and defer to anyone who knows and fully understands this very complex subject. An understanding that escaped me because I didn’t understand a single pompous word that Rick said. Rick needs to decide whether he wants to be the messenger or the message. If he could reflect on that alone and then practice the virtue of humility a bit better, he would probably be OK . Perhaps it was that because I could not understand his words that I noticed his pompous statements and rude mannerisms more. I don’t know why I found him to be so abrasive. It’s possibly just that I think that someone who goes on RUclips to try to teach his or her knowledge to others, is a very special person to care enough to share that knowledge. But with that desire to share knowledge also comes a responsibility on his part. Even more so than normal people because he is setting himself up to be an expert and people cling to his every word, and they depend on what he says more than if they were listening to a common lay person . Therefore, I hold him to a higher standard, and think that he should spend that time teaching his audience in a way that everyone can understand - from the greatest person in the room to the least. instead of bragging about how much he knows, how clairvoyant and how wealthy he is.
And if he is so smart, then he should have the ability to include everyone , including people who he feels are inferior to him and his vast storehouse of knowledge. If he wants to do that, he can just buy a mirror and enjoy himself forever. The thing that got me the most is that every time the host opened his mouth and asked a legitimate question, Rick totally talked over him and demeaned him and acted as if he were too knowledgeable to answer such unimportant questions. He never did answer most questions in full. Instead, he elevated himself to the pristine peeks of righteousness.
And since I obviously don’t belong here, I will graciously bow out and take my leave with an apology to you, Collin. However, I will continue to watch @soarfinancially because I learn things from him and I like his down to earth personality, his honesty, and his general demeanor. I like that he attempts to include all of his audience and not just the select few that Iare very involved in whatever topic is discussed. Rik is just not my type. And there is nothing wrong with that because there are different types of people in the world and none of us responds to everyone positively or negatively. We mostly respond to those we understand. And try as we may, none of us responds positively to everyone no matter how happy we may or may not be. It is not an issue about happiness. Happiness involves God. People are not unhappy because of a website.
“Joy is the infallible sign of the presence of God”__Pierre Teilhard de Chardin
And The novelist Leon Bloy understood that It is love brought about by joy that is “the most infallible sign of the presence of God. “
@@Anthony-xm9iebuddy, chill out.
Water, Food, Ammunition, Silver, Gold - in that order
so is ammo silver gold or lead?
Relax there Rambo
Someone’s been watching too many movies 😂😂
You forgot women. 🙂
@@wapiti3750 you crazy
@@Bonescratcher you never lived in Argentina during hyperinflation I see
😂 I am one of those with 50% of my portfolio in silver
If that's true, you are up more than 4% on the day (6/62024). Well done! You're a smart cookie.
Don't worry..... I'm a total mess.... 80% of everything I invested in .......is SILVER
😮 💥 🤸🏻
I'll let you in on a little secret....
SILVER IS GOING TO AMAZE THE WORLD 🌎 🤫
How and why? Have you guys herd of GRAPHENE.
Haters will hate.
@@wapiti3750 Well it depends if they are invested in bullion or miners or juniors etc. But yeah, the last 4 months have at least trended in the right direction.
But a lot of juniors are now only at the same level they were at a year ago, when silver was at $26! I'll give you a hint, they are in Mexico and Peru, and are not the big boys, but are producing.
Rick's wisdom is a real gift to us all.
Rick is a smart guy. Rick buys a lot of developing mining stocks and warrants on them, for gold, silver, nickel , copper etc. I'm told he now has 50% of his money in cash for future opportunities in case of a recession next year.
The silver knockdown was a bear trap and we're now in a slingshot move to $50
Thanks Rick for your contribution to soar financial
If Rick's portfolio is only 2-4% in gold and silver, what's his remaining 96-98% invested in?
The 2 to 3 percent is just for juniors, his total precious metals position is pretty big. He's big on uranium and Canadian oil producers also
Also farmland
Sprott Inc is a big chunk of it
I think he invested in water as well
He has investments in iron, lead, and brass 😂
I may be under-weighted with only 75% of my savings in PMs.
Best comment! Lol
Yes. Your allocation is too small!
100% correct Rick Gold will always lead the bull market silver always plays ketchup because most of the common folk can't afford gold when it reaches all-time highs or just keeps going like an elevator at $50 silver even at the highs people can afford that so they can't afford gold the next option is little brother Silva and that's why it goes up so much faster in the last legs of the bull
catchup, not ketchup ...
Love Rick Rule. Great stuff as usual Kai
Thanks! Much appreciated 🙏
Thank you for this interview, always enjoy Mr Rick Rule’s interview!
🚨SILENT🚨DEPRESSION🚨
100%
Not if you have been buying Jr gold stocks the last 6 months. We’re living off the hog.
@@joeyf6133 fortuna silver/newmont call options have done well for me!
Kai Terrific interview Thanks
Thank you! Very kind.
Thank you, your time stamps are very helpful this time.
You’re welcome 😊
Should silver act like gold or copper during a recession?
When it comes to investing, Rick makes the rules.
Rick the 🐐 of economics
With a dollar dwindling in value, to hold it as cash in any great amount will result in unacceptable losses. Stocks in general will get slammed when dedollarization accelerates, and only a certain select few miners will do well, so precious metals right now are a safe place to be IMHO.
Yes let’s stock up on canned food and hide out in our bunkers 🤣🤣
@@Bonescratcher exactly.some life that would be.
online stores are outrageous right now. premiums are so high even at 2400 gold
Well, you could wait... Doesn't mean it is going to work out for you. Honestly, 18-24 months ago was a really good time to splash some cash.
Gold/USD is never going down. Just look at the history chart if you don’t believe.
Silver has more upside because 1) it is suppressed/manipulated in western markets 2) it has more industrial utility AND is also money.
PM mining stocks have huge operating co$t.
Most of them sell all their products into fiat.
No bueno.
@@dmonty4354 You won't find a better example of this manipulation than the last few days. When the big banks should be covering their shorts they apparently double down. It's a game that's going to end badly, and maybe the banks know this. And they either have instructions to drag this out or they just can't admit they were wrong (turning unrealized losses into realized losses).
Great interview as always, thank you 👍
Thanks 🙏
The 10 yr bond yield is crazhing downward faster than 1yr tbill. Ged rate cuts coinng in hard next few months.
I'm almost 100% in physical gold. I'm shocked that people think 'essential' products are safe when gold spikes to $9000. Everything is priced in USD ... except gold.
? everything in my local shops is priced in pounds and pence !
@@brianwest7344 All global currencies fall vs gold .... with the USD. Unless that country doesn't trade globally.
@@brianwest7344 you don't matter though
@@brianwest7344 LOL I thought exactly the same thing. Once again US citizen puts on display for all to see that they think the world revolves around them. It is that arrogance that is leading to their downfall
Geez. RR must be doing 3 hours of interviews a day!
more like 24 😂
Gold and silver have moved.. no manipulated paper moves in circles.
Does anyone know what "serious mistakes" were made by Nolan Watson (Sand) ? Thx.
mining monkey has a video on sandstorm and it explains why their stock tanked
Yes Nolan diluted shares.
Now sandstorm is paying off debt, stock is slowly going up and is still undervalued in my opinion.
I have a lot of silver been buying it since last year that I hear of the silver/gold ratio was already wrong so imagine the price of silver if metals all go up because of inflation and use case like silver being used in solar panels and electric cars . There’s gonna be a huge silver demand that no one could meet and that’s when it sky rockets
lol. I’m a 54 year old woman and I subscribed. I do find it difficult to meet like minded woman
Don’t worry, we’re here
Thanks for the sub and welcome to the club 👍
Thank you. Happy to be here. Last year I became a local coin shops first intern to be around like minded people.😊
No chicks are featured in this video! I assume you are referring to the 20% subscriber percentile Mr. Rule mentioned were signed up for his news letter.
@@BGga.I have been stacking since 2013 or so- I have seen women in the LCS - I was very impressed-
A lovely woman at the lounge I used to go to was a gold stacker, we became friends because of being like minded.She even taught me her strategies-
I have became friends with my moms friend , because she found out I was a stacker, she is a whale stacker lol!
Point is , the women stackers are out there-
And I love them!
Hardest is working mining expert on the planet.
Gold the real money.
To Profit on Gold and Silver/ you have to Sell the top/If you Tale Profits/ Then what currency do you hold after wards? USD or some other failing Fiat currency?
Cycle out of PM’s move into other hard assets like land. Heck you could always blow it on a beach vacation 😅
RICK RULE - TELL'S IT - HOW IT IS. 👀
How about GDXU? A good way to play gold?
SAND ticker
@@chefhomeslice2663 I am asking about GDXU ticker.
@@chefhomeslice2663 What happened to SAND in Turkey? How many workers died & how many families got poisoned?
No one ever suggested that Canadian pension funds should buy junior mining stocks....
I might have to google that.
Funny, as I’m listening, silver is again above $31 and gold is almost at $2400.
and most people sprouting high prices are mis informed. I am heavy into gold and will just wait and see what happens
Yes We are going to have Hyper Inflation allover the world and Gold will be $10000 to $20000 because the hyper Inflation
Evidently, you listened to this before Friday afternoon then.😂👍
I put a substantial amount in silj almost sold our at 13 should have in hindsight just going to add a little more now.
On Canada and Trudeau. Canada is not governed by it's government, when it comes to Natural Gas investment it is governed by WEF/WHO and Geneva.
Love Rick. He rules!
So valuable.
Please remove the headline click bait for rick rule, he didn't said: will go to 9k. He just gave an example and by using him with this title is not ok in my opinion
is it better to have gold bulion or gold etf’s are good as well to have. If one goes up the other should grow as well I believe
ETF’s are bad news, get physical, and don’t put in a bank safety deposit box.
Absolutely avoid ETFs...
Is his exposure no 3% in junior silver?
15.10. Same with the UK, tax the F out of our energy and end up importing more
gold has gone up $1,300 + in the last 6-7 years i would assume 10-15% is a low number to be invested in ones portfolio seeing this trajectory . just my opinion
For an old grumpy curmudgeon, Mr. Rule appears to me to be extraordinarily intelligent! He exudes experience, experience, experience.
Again. Look for yourself what a recession is. Don't be afraid of this word, greet it.
You sound like a quintessential "buy the dip" guy!
Why is he doing stocks on metals and not holding the physical???
Not sure where you get the idea he does not hold physical. He certainly does.
And it’s for leverage that s why
He ll make more money than you ll ever see I. A life time. This is his stage
It's Rick Rule. He holds physical. It likely has a value multiple orders of magnitude larger than your net worth.
@@richyrich3285 Thanks! I have never heard of him. That makes sense though. He probably owns some mines and drilling companies if he's at that level.
What did he say? Most silver ever mined is still in supply? ;)
At a time that people are overweight and long NVIDIA (!) I find it strange that Rick Rule is telling people not to get overweight silver. How much lower could it go, than it has been in the last 2 years? Honestly? And I include juniors and miners in that.
I doubt it.
Wow really stand up and honest guy , or m I just really high?
LEGEND
Rick Rule “is” the sharpest tool in the shed
Rick’s code speak _ lithium 😴
Helium _ getaway gas 🎈
just sold my house and bought gold !!!! hopes he right ?
good move you wont be getting anymore capital gains tax, transaction taxes etc but you will get the benefit of the increased value against currencies. also everywhere in the world will accept gold. It is the global money.
Should of bought Bitcoin
Yes he is right. We are going to have hyper Inflation allover the world
@@rubencrypttonic8294 lol bitcoin is the worst.. dont fall for that NSA invention.. pre conceived in 1996... DYOR its there.
Once people find out btc is government money its going to 0.
ASX CODE CHN ,PLATINUM, PALLADIUM , NICKEL, COPPER, COBALT, GOLD.
MASSIVE RESOURCES 70KM NE OF PERTH WESTERN AUSTRALIA
canada is game over. being sold out and the people think its gonna fix itself lol i want out so bad...
I still don't understand the statement silver is lacking gold! Gold up over 5 years 72% , Silver up over 5 years 102%
Yes silver is being manipulated with paper Siver. Silver price should be at least $70 dollars the oz
He means "lagging" as in time lag.
@@albertwaltherr9929 yes agree should be probably already 150, just saying that over the last 5 years it is not behind gold but performed better
@@wai-sunchia6190 sorry, my mistake, typo error
As an investor in precious metals for nearly 25 years, this can be tough especially with mining equities. Entry point. stock selection, inclusion of physical into portfolio need to be managed and you need to get that right to some extent. Many people do not have what it takes to sit through sentiment extremes, substantial drawdowns from peak value and the patience to let things unfold. Rick is right. Does anyone really want a world where gold is $8000.? To get there there has to be a lot of bad stuff happen and the consequences will not be that great for most people. You will probably be OK and better off than most. but it is not necessarily a world you end up liking that much. Thinks of where some of your friends and family may be situated for starters.
Golds at 2503 here on Aug 1.
7:24 it's confirmed. Rick Rule promises $9,000 gold!!!
Rick is 100% correct
En fait le comex devrait recevoir l ordre de faire la différence de l or physique / et du papier , ETF or , cela pourrai effacer les dettes si demain l once faisait x 10 ou plus
so many of these interviews are seriously sick. there is no evidence that gold and silver will reach these dizzy heights. Just weeks ago, all interviews were saying gold and silver was in a serious Bull market and all prices would soar. Interviews like this one are nothing but self serving, attempting to cause panic buying and when the market prices rises, these people who are heavily invested in gold and silver, sell of and dump their metal causing the price to drop. Gold Silver are long term investment
Yes Gold will raise to $10000 to $20000 dollar because we are going to have hyper Inflation in USA and the rest of the world
Always long term, yes.
However, given extreme devaluation of the currency due to inflation and competition from BRICS (+), this period is different.
There are important reasons every central bank in every country is buying.
@@dmonty4354 well I am 500K in it for the long term, let's wait and see.
A five thousand year old relic recognised across all human cultures as true wealth. Since value is relative, what can the value of gold be related to in todays world?
Basically Rule completely downplayed Chang’s solar panel thesis.
rick rules
With wide world Digital Debt being created by the Billions and Billions of Dollars, a huge percentage of that is backed up by nothing but hot air, the little person might be better off with a bit of money in something more solid, as it's the little person who ends up getting screwed when the ship goes down!
Dang, Rick is a really smart mf.
He talks like a smart guy (silver tongue), but his actions will be the deciding issue.
I only believe in real money. Stonks are not real money.
A guy his age and doesn't understand the The Great Taking?
$9000 and the world will be in big trouble! the poor and mid class will not disappear and the rich will be richer.
I am in on 9k 4k easily before year end according to simple random walk theory
buy gold and silver stay away from mining stocks.. not much stuff in the ground anymore..
rick rule would never say gold is going to 9000
He would if he'd, in the few hours before this video began, downed a bottle of Jack Daniels and smoked three big, fat blunts!
only a fool would believe this guy, self serving
EVERYONE is self serving to different degrees… there is a lot of good information given by Rick, with a seasoned outlook
The only profit most people make from gold is not loosing their purchasing power not to get rich
Realization sets in , I have more than criminals do and 'They' know it .
T/C/E
Precious metal investing is a 10 20 40 year cycle/ basically you won't get rich until your very old
Was a long term investment, but not today in the economic crisis we are in, inflation, bank failures on the rise, and eventual collapse. Nah PMs are a solid investment for now and 20-40 yrs in time
You can get old before you get rich.
Whenever I see videos like these I always sell my gold
That's weird
Let's hold support at $2080 first, shall we?
🪙STACK🪙SILVER🪙GATHER🪙GOLD🪙
Always Stack Silver! But Convert Gold to Silver right now. Then watch G:S Ratio and Silver industrial NEEDS.
Note "NEEDS" not "USE". Then Convert back to GOLD to hold MORE GOLD than have right now.
Rick forgets that he’s rich most us young people are struggling just to make ends meet, have 50% of your portfolio in junior mining stocks is a chance to be financially free sometimes I can’t stand to listen to mega wealthy people their perception is thru a lens of wealth
Rick is certainly telling the truth, however he seems unwilling to make the inevitable statements about the direction of PM(s) given the reality of the economic situation.
The legalization of marijuana makes at perfect sense, as you do Rick. Stop the gratuitous insults and stick with facts. They make your case, most excellently, without the vituperation.
“Rick Rule the sexual icon” hahahah
International gold, sex icon aka, Goldfinger
not today
Rick, its going to be okay bud...
Bad news: I’m female and I watch this stuff, but of the 16 Meyers/Briggs personality types, divided by sex, I am among the INTJ females, the rarest type, about one in a thousand.
You’ll have quite a few more INTJ males, I suspect (many libertarians, engineers, physicists, math teachers, programmers, and architects). I was attracted to the more social (feminine?) sciences of communication (marketing, education, peace negotiation) and valuation (economics, trade, limited government). Dispute resolution and avoidance. I’m afraid there are more Sensates in the world than iNtuitives, so reaching the Sensates probably requires dropping a real coin into their hands, and not just talk about mining cycles and fiat currencies. And I don’t think they will ever trust Bitcoin (tangible wealth is required by the majority). Gold rings are popular with the Sensate females.
I work with predominantly females and all of them are negative when I talk about investing or trading. Women are generally much more risk averse than men so that’s part of the reason but generally not interested in the stock market..More interested in feeling type things and aesthetics etc
@@paulsteen7641 I think we do divide our loyalties more than men, otherwise we'd have to choose between children and/or mate. But I'm not typical regarding "feeling" and aesthetics. I don't like trading, but I do like being invested. For me, I'm mostly interested in communication and non-violence which I approach in a scientific manner. Economics combines them into a complex problem! Wars are always economic, and so totally unnecessary if the King would just stop taxing tea.
ask rick rule what kind of blackmail he has on him
Women respond to sincerity. If you want a larger female audience, you must prove yourself to be sincere and also not come off as creepy (you don’t seem creepy to me).
9'000$ ... hahaha ... maybe in 150 years ... 😅😂🤣
Really, from 2001 until today it has been a 10 bagger. $2300 to $9000 would be a 4 bagger.
@@thevanman4498 Forget that! If gold and silver really rice significantly, goverments have x possibilities to restrict trade and prices.
@@JRagaz like they did when gold increased 10 times??
What the hell is a junior miner?
It's a hole in the ground with a liar standing on top of it.
Anyone saying we're going back to a gold standard needs to be mentally checked out. 2 simple words why it won't happen. American Military.
the same one that wears high heels or the one that mandated the experimental thing that damaged all of it?
Why is SILVER called the devil's metal ??? Anyone know ? 😈
I think gold wont take off until the elite make the reset and the poor are confirmed as poor.
the F.E.D will cut to the bone...kkkkkkkkkkkk
Anybody’s got the patience to wait for gold 9000? I don’t 😅