Arcadia Economics, Released on 12/17/24
As we near the end of 2024, Rick Rule joins me on the show to talk about his takeaways from this year’s gold and silver rallies. As well as how he now sees the precious metals bull market evolving in th years ahead. Although perhaps even more importantly, Rick talks about what happened with the Sprott PSLV trust in the months after the silver squeeze in 2021 when they cleared out the physical inventory in multiple cities. You’ll also want to hear about how close he feels the silver market came to breaking back then, why it didn’t ultimately happen, yet whether he expects it to occur in the future (you’ll be glad to watch this just based on his answer to that alone). So to hear from someone who was involved with one of the largest silver trusts when all of this happened, click to listen to this important precious metals interview now!
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.
Chris Marcus worked 2 years at bond rating agency Moody’s, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia’s Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.