Rick Rule: when gold prices will finally be “catching fire”

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  • Опубликовано: 8 июл 2024
  • The commodities complex will likely see another bull run in the next three to five years, this according to Rick Rule, president of Sprott U.S.
    “My suspicion is that the next five years will be very good for natural resources investors, with precious metals enjoying a two or three-year bull market and somewhere towards the end of that bull market, the rest of the commodities complex catching fire,” Rule told Kitco News.
    Investors can take part in the discussion with Rule by submitting their current portfolio holdings in this poll: www.sprottusa.com/brokerage-s....
    __________________________________________________________________
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Комментарии • 103

  • @christianmuller292
    @christianmuller292 4 года назад +70

    Remember all you out there, that 16 months ago, gold was trading at 1200$ an ounce, 500$ less than today and 250$ more than four and a half months ago. I don't know about you but that's a pretty good return. Also, this kind of upping in gold prices is sane contrary to what the stockmarket is doing. Also, gold has a tendancy to go down too even when everything is in it's favor. Look at the 2009-2010 charts. Gold will go up a lot more. The fundamentals are there. I believe gold will really go up once this covid19 goes away and investors see the real extent of what the economy looks like and how the FED and ECB will have to keep on pumping tens of trillions more in the very near future.

    • @tg8603
      @tg8603 4 года назад +4

      Christian MULLER This.

  • @randyosborne310
    @randyosborne310 4 года назад +27

    Katusa Research says the amount of gold mined from mines is diminishing for the past several years. So why do miners/refiners sell gold to the U.S. mint so cheap? Hence $1700 an ounce.

  • @martinrev8487
    @martinrev8487 4 года назад +29

    Looking forward to when Rick is on CNBC ;)

  • @visitwalker6530
    @visitwalker6530 4 года назад +42

    I am Kitco supporter, from Hong Kong

  • @Shiloh_II
    @Shiloh_II 4 года назад +5

    Best interview I've heard from Mr. RR. Very smart guy and he understand much quite well. I've been listening to him for the past year and he's nailed this one. I also received a ranking of my NR holdings by Mr. Rule and his staff. Thank you for that. That's something for nothing. What a guy. Good job, David and Kitco. We really appreciate all this insider knowledge you're excellent at flushing out and passing on.

  • @blablubb4129
    @blablubb4129 4 года назад +21

    Rick is so popular at the moment, soon hes gonna make more money as a youtuber than as an investor :D

  • @tg8603
    @tg8603 4 года назад +25

    Ricks a legend! Thanks for the gold forecasts, I think many of us PM investors smell the shit winds of money printing blowing and they will be nice tailwinds for gold value.

  • @vladpuha
    @vladpuha 4 года назад +4

    Wow.. this guy is so smart and knowlegeble.. could listen all day to his analysis. Thanks Kitco.. great interview.

  • @johnbutler3141
    @johnbutler3141 4 года назад +75

    Gold will rise when they stop rigging the market.

    • @the100percentstraightguy
      @the100percentstraightguy 4 года назад +8

      never...

    • @Zanzabar5
      @Zanzabar5 4 года назад +7

      Gold will rise when the Yid is banned from banking and investing.

    • @glove7786
      @glove7786 4 года назад +8

      Will they stop?
      Or will they be stopped?

  • @davescott1491
    @davescott1491 4 года назад +4

    Man. Have to give Rick credit for the number of interviews he does. He provides great perspective and experience on the probabilities of future PM investment cycles. Thanks.

  • @ausstraya9120
    @ausstraya9120 4 года назад +15

    Even Buffet just stated being in debt is a big mistake. Get into real assets.

  • @techbizcanada7594
    @techbizcanada7594 4 года назад +3

    Clear explanations from Rick. I'd love to see more of Rick on Kitco. Great interview.

  • @onesick1957
    @onesick1957 4 года назад +5

    I'm looking to invest gold as a starter should I buy gold right now????

  • @stevegaspar
    @stevegaspar 4 года назад +6

    Love the wisdom and experience Rick brings to his interviews. Thanks for sharing!

  • @darwincrawford8821
    @darwincrawford8821 4 года назад +1

    Thank you for interviewing Rick. He is clearly very knowledgable and generous with that knowledge. And agreed, 10-20% of your portfolio in PM just seems like cheap insurance. Buy it, hold it, forget about the daily swings.

  • @jaykraft9523
    @jaykraft9523 4 года назад +2

    Wow, loved the discussion on return-free risk at 18:30 to 19:00

  • @Brandon-jw5cv
    @Brandon-jw5cv 4 года назад +3

    Please have him back on...amazing video

  • @marcelwopperer9776
    @marcelwopperer9776 4 года назад +2

    Where can I find these charts from the video?

  • @WayneTheWolf
    @WayneTheWolf 4 года назад +1

    QUESTION: What will happen to GLD and SLV if(when) the DOW falls 80%?

  • @Fredrikwatchesandartwork
    @Fredrikwatchesandartwork 4 года назад +5

    Buy Gold now, 🥇🥇 Gold Will Rise ☁️☁️🚀🚀🚀🚀🚀🚀

  • @Rameen36
    @Rameen36 4 года назад +6

    I like this guy

  • @CharlieBoyle
    @CharlieBoyle 4 года назад +2

    Fantastic Rick. You are on fire here... Charlie Boyle Financial Commentator

  • @jackjo2739
    @jackjo2739 4 года назад +4

    Crazy to think few years ago the world is scared that oil run out and price shoot up to over 100$ per barrel... now, look at where we at now... at one point, oil had become 'rubbish' when the oil price went into negative...

  • @brianmain8272
    @brianmain8272 4 года назад

    Can anyone tell me the chart Rock show for the Gold equity index shown at 14:12

  • @essenceofgrowing7804
    @essenceofgrowing7804 4 года назад +4

    Truth is? Seems to me that “truth is” that most traders are short sighted aren’t worried about the value of an asset. Slot machine addicts don’t invest in assets. You could be losing your house and you’ll still put money in a slot machine for a big payout. So what value is there in watching charts?

  • @Caomhghin
    @Caomhghin 4 года назад +8

    Rick rules!

  • @patrickjoseph6
    @patrickjoseph6 4 года назад +2

    Platinum is undervalued.....

  • @mrmc2465
    @mrmc2465 4 года назад +2

    The cure for high prices is high prices I wish this applied to Real Estate

  • @asmrcharlie4605
    @asmrcharlie4605 4 года назад +3

    Where is Daniela?

  • @69TDUB
    @69TDUB 4 года назад +9

    Is it beyond ignorant in this economic environment to have more than 9% of your wealth invested in assets that are simultaneously someone elses liability like stocks & bonds ?

  • @Godisknockingx
    @Godisknockingx 4 года назад +1

    LOW OIL ?
    Here in Canada gas went from $1.25 /L down to .85cents /L.
    This price drop only lasted for about 1x week. It jumped upto $1.05 /L. So presently gas is down marginally; not near enough price drop to really help the mining companies. unless they did 90% of their annual mining in that week.
    It's sort of like you getting a lower price of fuel for one week during your whole year of driving to work.
    I was looking forward to lower gas prices.

  • @pamelaranney6631
    @pamelaranney6631 4 года назад

    And the benefits to having a derivatives market?

  • @kennyg1358
    @kennyg1358 4 года назад +1

    Listening to kitco is like getting advice on a new car from a dealership salesman.

  • @TonyToneFixMyPhone
    @TonyToneFixMyPhone 4 года назад

    Pretty familiar with base. I used to smoke it myself.

  • @theciakilledjfk5973
    @theciakilledjfk5973 4 года назад +18

    We'll know that the gold bull market is really underway when Rick does an interview shirtless.

  • @directedby100
    @directedby100 4 года назад +11

    Return-free risk! Lol

  • @Bicameral666
    @Bicameral666 4 года назад +3

    YOU ROCK RICK....

  • @davemojarra4734
    @davemojarra4734 4 года назад +1

    $1745/oz 7 May 2020

  • @Naim6300
    @Naim6300 4 года назад +1

    What you think ABOUT$ BTC

  • @Dudlesful
    @Dudlesful 4 года назад +1

    I'm long the metal. I need equity investments. What are the best gold equity investments to hold for the next year?

  • @johnshadow9310
    @johnshadow9310 4 года назад

    Rick Rules. Thank you

  • @troyb.4101
    @troyb.4101 4 года назад +3

    Lets all buy 50 trillion barrels of oil and send it to Oklahoma. Then see what happens. This is what happens when people buy contracts without being able to use a product.

  • @TT3TT3
    @TT3TT3 4 года назад +1

    Rick Rule is cool!

  • @pueblobeefcorn6252
    @pueblobeefcorn6252 4 года назад +5

    I'd vote for Rick Rule but the guy has too much integrity to get involved in politics

  • @brianmarshall3931
    @brianmarshall3931 4 года назад +8

    What possible good can this information do us? There is NO physical metal available without paying an EXTORTIONATE premium - which I flatly refuse to pay!

    • @rehoboth_farm
      @rehoboth_farm 4 года назад +10

      That is what we now will call the actual cost. Spot is broken.

    • @benfranklinskite5975
      @benfranklinskite5975 4 года назад +4

      Me too Brian. The physical dealers are ripping people off.

  • @kimba527
    @kimba527 4 года назад +16

    Gold and silver will never catch fire as long as the FED and its agents can sell unlimited paper gold and silver!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • @ruim8590
    @ruim8590 4 года назад

    rick rule is a class act!

  • @OptimusPrime.
    @OptimusPrime. 4 года назад

    Your chart shows "we are here" point at Gold being $500. Where is gold $500?

  • @getawayz1
    @getawayz1 4 года назад

    Royal Bank of Canada, Classic! Rick Rule is a classic.

  • @kikyssp
    @kikyssp 4 года назад

    Has anyone heard of Cobra Resources? high risk but could be be huge!

  • @bradmoberly6164
    @bradmoberly6164 4 года назад +3

    Rick RULES!!!

  • @joserosas399
    @joserosas399 4 года назад +6

    "doubling down on disease while dealing with the symptoms that are bothering us" great way to explain what QE really is

  • @Doug-zl8nb
    @Doug-zl8nb 4 года назад

    people say buy gold when is it going to go up... markets are booming nobody working but everything is cooking

  • @warchild5885
    @warchild5885 4 года назад +1

    Probably never

  • @tallswede80
    @tallswede80 4 года назад +6

    Dude has a brain

  • @harryviking6347
    @harryviking6347 4 года назад +4

    LMAO!! BIG THINKERS! YES, JUST SEE WHERE THAT HAS ENDED!!!

  • @LGNDunlop
    @LGNDunlop 4 года назад +13

    Rick Rule = Articulate Intelect at its best

  • @robertnardi4104
    @robertnardi4104 4 года назад

    Duhh. Like. Never........

  • @the100percentstraightguy
    @the100percentstraightguy 4 года назад +8

    3 to 5 years... AGAIN.... that's the same as what they're saying for the last 20 years.... THAT'S NOT AN INVESTMENT BUT A PREAR!

    • @asumamonsta
      @asumamonsta 4 года назад +2

      many people dont buy gold to be rich, they buy gold so that they are not poor.. if u want be rich you might want to buy riskier assets

    • @ef7480
      @ef7480 4 года назад +2

      Jhon Dear - "PREAR" ? What's that?

  • @mikejamieson6802
    @mikejamieson6802 4 года назад

    Rick Rules!!!

  • @wonderplanet343
    @wonderplanet343 4 года назад

    The chart at 14:12 shows “now” gold is about $500... Gold isn’t even close to that cheap now... Zzzzz wake is up when you guys want to be accurate and honest.. it was a try, but not a nice try, to fool people into buying gold in my opinion ...

  • @GhostTraderz
    @GhostTraderz 4 года назад +1

    Reverse psychology.......

  • @ClintRusbridge
    @ClintRusbridge 4 года назад

    Speculation

  • @punisher6
    @punisher6 4 года назад +2

    Gold is gonna drop to $1400 an ounce by the end of this year. Buy then!!!

  • @poppiethestable4569
    @poppiethestable4569 4 года назад +2

    Liberal ricky rule ..

  • @robertwhite1810
    @robertwhite1810 4 года назад

    Don't waste your time emailing Rule...he won't reply..tried 3 times

  • @iancassie9840
    @iancassie9840 4 года назад

    as a religion i think the FEDS 108 YEARS of practiced belief is not guaranteed to continue UNCLE SAM has to face up to his DEMONS/ DRAGONS and the historic golden rule he who has the gold makes the rules

  • @dennisdragomir7572
    @dennisdragomir7572 4 года назад

    the FED charts are uglier than my mother law

  • @kylekeller7577
    @kylekeller7577 4 года назад +6

    If gold refuses to break 1700 with infinite debt monetization, why should we believe that gold is a good investment, or even a necessary hedge?

    • @soaceba
      @soaceba 4 года назад +15

      6000 years of recorded monetary history is enough for me believe gold is the best hedge.

    • @asumamonsta
      @asumamonsta 4 года назад +4

      initial money printing causes deflation before inflation.. when prices will inflate?. nobody knows

    • @stevefarr5765
      @stevefarr5765 4 года назад +2

      Cash is trash.

  • @mikemyer5331
    @mikemyer5331 4 года назад

    Yea sure,you bettcha

  • @diannecampbell7165
    @diannecampbell7165 4 года назад

    Rick Rule.......I wish he would talk like a human , esoteric whats with that except trying to look smart .

  • @gogan3429
    @gogan3429 4 года назад

    Gold is outmoded.
    It should have come back years ago.

  • @troyb.4101
    @troyb.4101 4 года назад +1

    Gold prices are way over priced right now. When one ounce can buy 1950 twelve ounce Budlights . it's way over priced. Who is buying it now, Governments with printed dollars? There is no shortage of it. it's all sitting in vaults doing nothing. Silver is the buy not gold.

  • @nickoutram6939
    @nickoutram6939 4 года назад +1

    Shock update as Gold demand collapses: Miners are having to pay Banksters to take the Gold off their hands!! Gold goes to minus $2500 / oz !! :o)

    • @asumamonsta
      @asumamonsta 4 года назад +1

      i dont see that happening
      there are many preppers
      they want the physical gold, they cant find any at the moment

  • @theenglishman3368
    @theenglishman3368 4 года назад

    Rick Rule never gets anything right - end of

  • @heatherb.4302
    @heatherb.4302 4 года назад +4

    Not a fan of him. Too pompous and he preaches

    • @theciakilledjfk5973
      @theciakilledjfk5973 4 года назад +9

      Rick is not a dissembling, hyperbolic bullshitter. It would seem that you're intimidated by his Mastery of the English language. I highly recommend that you get beyond that. Honestly, I've never seen a multi-billionaire who is more generous with his time than Rick Rule. But he's not trying to win a popularity contest. He's the best credit analyst in the mining sector and that speaks for itself.

    • @Bluudclaat
      @Bluudclaat 4 года назад +1

      Ready Or not
      And what do you want?

    • @ConcreteRoseBlossom
      @ConcreteRoseBlossom 4 года назад +1

      I love it

  • @NowisEvollovetion
    @NowisEvollovetion 4 года назад +1

    Kitco are a joke.