Wealthion, Released on 8/22/24
James Connor sits down with Rick Rule, Founder and CEO of Rule Investment Media, to uncover why gold remains the ultimate defense against reckless government spending and skyrocketing federal debt. Rick explains how the staggering U.S. debt load is unpayable and can only be eroded away through inflation, positioning gold as the best hedge. In this in-depth conversation, the expert in natural resource investing also shares his insights on the political pressures facing the Fed, his outlook for gold equities and the energy sector, and why uranium could be a game-changer for patient investors.
1:35 – Gold: The Hedge Against U.S. Deficit Spending and Mounting Debt
9:36 – The Federal Reserve Will Capitulate to Pressures from the Political Class
15:42 – The Two-Tier U.S. Economy
20:57 – Evaluating Gold Equities
24:42 – Silver’s Potential in the Current Market
27:31 – The Bullish Case for Uranium
35:14 – Rick’s Outlook for Oil and Natural Gas
40:04 – Coal’s Surprising Bullish Resilience
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.