Kitco News, Released on 11/27/24

Gold as an investment and savings mechanism is ignored by 99.5% of the U.S. market, says Rick Rule, President & CEO of Rule Investment Media. “Gold doesn’t need to whip the U.S. dollar; gold doesn’t need to break the Treasury market,” Rule tells Kitco News anchor Jeremy Szafron on the sidelines of the New Orleans Investment Conference. “All it has to do is revert to mean. Then, the market share in the U.S. market grows fourfold. Can you imagine what a fourfold increase in demand for gold and gold stocks do to the gold price?” Rule dives into the U.S. debt crisis, potential solutions, and President-elect Donald Trump’s Department of Government Efficiency. He also shares his commodity picks for 2025 and beyond, weighing in on oil, gas, uranium, and copper.

00:00 Introduction: Dept Spiral
01:53 Historical Context and Inflation
03:53 Economic Realities
05:02 Market Liquidity vs. Solvency
08:28 Global Debt and 2025 Predictions
09:46 Bullish Stance on Commodities
13:10 Uranium Market Dynamics
17:20 Gold Market Analysis
22:35 Mining Stocks and Investment Strategies
29:26 Copper Market Outlook

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.

  debt, dollar, economy, gold, investing