Canadian Bank Freeze Proves Why Fed Dollar is a Dangerous Idea, Warns Rick Rule

Stansberry Research, Released on 2/23/22

“Inflation really is about negative real interest rates, debt and deficits, and quantitative easing,” says the founder and CEO of Rule Investment Media, Rick Rule. “On a ten year horizon, I am much more concerned about the bond holder than I am about the equity holder,” he says to our Daniela Cambone. Rule breaks down the value in trading uranium smartly, “as inflation continues to be the deterioration of purchasing power.” The price of gold seems to have found a stimulus, he says, “and the wind is in the sails of precious metals.” Justin Trudeau just gave us one reason why you do not want a digital Fed currency, as bank accounts have been frozen in one of the most, “chilling circumstances other than nuclear war,” he concludes.

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.

Notify of
Inline Feedbacks
View all comments