Rick Rule – Gold & Silver Could Return As Money Through the Most Reliable Gold-Backed Tokens

Silver Bullion TV, Released on 6/2/21

00:00 Introduction
01:27 Retiring from Sprott USA & Rule Investment Media
10:48 PSLV – the result of Eric Sprott’s prescience
19:22 Misunderstood metals
22:27 Meme-driven markets
24:34 Trend of crypto crackdown
27:44 Promise of the right gold-backed tokens
36:11 Drifting from the dollar
42:23 Outlook for cash

SBTV spoke with Rick Rule, President and CEO of Rule Investment Media, about how the best gold-backed tokens built on the promising distributed ledger technology could bring back gold and silver as money. These gold-backed tokens, if implemented right, would be decentralized and their gold-backing verifiable making them reliable mediums of exchange.

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.

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