The Deep Dive, Released on 11/19/24
In this interview with Rick Rule, of Rule Investment Media and Battle Bank, we discuss Trump’s re-election and its implications for precious metals markets. Rule explains why continued U.S. debt growth and monetary policy will likely benefit gold prices despite dollar strength. He shares insights on copper’s incentive price, suggesting it’s around $5.25-5.50 considering current interest rates and social costs. Rule also discusses his new venture, Battle Bank, an online bank focused on high-yield money market funds and precious metals-backed lending. The conversation covers investment strategies in undervalued commodities and the potential for a massive precious metals bull market similar to the 1970s.
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 co-founder of Battle Bank and founder of Rule Investment Media.