Fed will back off aggressive rate hikes, but this asset will still be decimated – Rick Rule
Rick Rule, Founder of RuleInvestmentMedia.com and former President and CEO of Sprott U.S. Holdings, speaks with Michelle Makori, Editor-in-Chief of Kitco News at the Vancouver Resource Investment Conference to discuss the extent to which the Federal Reserve will raise interest rates this year, and which asset classes will be most affected.
Follow Michelle Makori on Twitter: @MichelleMakori (
Follow Kitco News on Twitter: @KitcoNewsNOW (
Follow Rick Rule on Twitter: @RealRickRule (
#gold #stocks #uranium
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Back in 1938 he be speculating on nazi Germany stocks. Not cool
I like this dude first I heard of him.
The global recession is artificial. We’re like people trapped in the broom closet of a luxury hotel. The hotel is full of food and luxury finishings but a robber trapped all the occupants in the broom closet. Then the robber is taking to us through a walkie talkie lying and saying the hotel ran out of food.
Legend
Just look at 3rd world countries and they are scrambling for gold now and soon so will developed countries.
<Great work as always! I think anyone selling their Bitcoin or Altcoin because of the dip, has no idea what they are hodling in the first place. You should take some quantity of what you hodl and get an expert to educate you on day trading.. We are on downtrend which the chances of bouncing up off this resistance is much greater than falling lower. Big thanks to Matthew Creel Anderson, for helping me earn 7.04 BTC, despite the current circumstances. I'm not bothered with how bad the Market is turning out.👐
A Million other Assets, commodities , etc. and he supports Russia in this way ?? // just saying/
Where can I buy Rubles?
" Ofcourse I would include my own country the United states amongst the thieves." Rick Rule
Being the GR currency , by definition makes it the currency and system of thieves.
For Rick Rule & Kitco last year I got a 6% raise in pay and I saw it as inflation adjusted 10% pay cut.
Rick Rule – Always a pleasure!
he ranked mine … he put glencore at a 5 rating and said it had political turmoil
Let’s buy stocks, for more dollars… exit the financial system
Lol. Except the slot price falling at the EXACT same time everyday. And the parler market being 10x the size of known reserves. Rick made some good comments but he is completely wrong here.
Pls no stocks
Rick you're such a lying SOB! Of course there is conspiracy to manipulate markets that's the whole idea of the markets.He who owns the gold makes the rules! Who wins in Vegas it's always the house sure you're going to get some guys who win occasionally but overall the house is always the winner! Just like everything else in this Ponzi scheme of a system we call the US government! The geopolitical system and the monetary system it's all a big Babylonian scam! There is really no intrinsic value in Monopoly money!
Let's remember that the FED is not about sustaining or the viability of the dollar for the long term that is rhetoric for journalist and media to keep the unsuspecting , unsuspecting they are however for it on the short term which gives way to the suppression of the prices of precious metals which requires sustainability of this current bubble until such time where they can crash the dollar and implement the CBDC!
Uranium is actually a very clean source of energy!
I don't believe the Fed will back off. The Fed has already raised rates by 3/4 point and they will raise 1/2 point in a few weeks and then another 1/2 point a month later. Inflation is already the number one issue with voters and Powell is watching the inflation and the unemployment rate since that is their mandate.
This guy is one smart MF.
Hope he's happy with blood on his hands.
The great pontificator blurbs on!
I really appreciate Rick's generosity and knowledge. Michelle is an excellent interviewer too.
Come on, man. Inflation is much higher than 8.5%.
The strong U.S. dollar is an illusion.
Paper contracts manipulate PMs prices.
If precious metals were on their own exchange, prices would be much different.
If you don't hold it, you don't own it.
Are we not concerned with the morality of investing in Russian stocks?