Rick Rule: ‘Absolutely’ More Bank Failures Coming; Will This Be Worse Than 2008?

The David Lin Report, Released on 5/4/24 (Recorded on 5/1/24)

Rick Rule, Founder of Rule Media, discusses how this banking crisis will likely unfold, and what’s next for the economy and markets.

0:00 – Intro
1:30 – Bank failures
16:40 – Commodities cycle
20:55 – Uranium and nuclear power
22:50 – Gold
26:00 – U.S. dollar
26:48 – Canada’s new budget
31:45 – Population trends
35:15 – Fed and inflation
39:45 – $9,000 gold
41:46 – Rick’s career advice

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.

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