Reinvent Money, Released on 5/11/25

Paul Buitink talks to legendary natural resource investor Rick Rule of Rule Investment Media. Rick laments Trump’s tariffs and equates them to taxes. When it comes to who blinks first, China or US, he expects them to resolve the situation within a few months through some slimy deals at the expense of millions of innocent Americans and Chinese. The effects of the trade war are already visible through lower oil prices and the start of a recession. He refers to the Smoot-Hawley act and how it led to the Great Depression and later World War II. He believes US finances are unsustainable with the 36 trillion dollar on balance debt and the 100 trillion dollar of unfunded liabilities. The US will go broke like Hemingway described, slowly and then suddenly. They also discuss Fed’s decision not to lower interest rates and whether QE will come back. As a potential endgame he sees Trump trying to drastically reform social security and other federal programs. He advises the EU to remove their gold from the US. Rick also comments on gold ETFs like GLD, how much higher gold can go and whether silver will follow.

0:00 Intro
1:59 Rick’s assessment of tariffs
7:05 Noticeable effects of the tariffs
9:30 How to protect industries if at all?
17:02 Fed’s Policy
18:55 QE and debt sustainability
29:40 What’s the end game
35:54 Revalue gold
38:25 Mar-a-Lago accord
40:30 Europeans should repatriate gold
41:56 ETF, GLD
45:28 Purchasing power decline in the dollar vs gold
46:58 What about silver and the gold-silver ratio?
52:04 Outro

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.

  gold, investing, silver, tariffs, Trump