Liberty and Finance, Released on 4/20/23

Legendary investor Rick Rule says it is important to have cash liquidity. And in the current banking environment, “You need to make sure your bank has enough liquidity that they can handle momentary panics.” He suggests having precious metals as well, noting, “Gold, from my point of view, is insurance.” Gold, even in liquidity squeezes, often performs well. Rule discusses how investors will have the option to borrow against their physical precious metals through his new project Battle Bank.

0:00 Intro
1:46 Borrowing against metals
7:46 Bullion liquidity
13:18 Miners & environment
16:14 Balancing risk
17:09 Battery Metals
25:40 Poverty
33:40 Carbon output
39:40 Rule’s offer
43:15 Miles Franklin

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.