Gold’s only ‘threat’ is this asset; faces 'existential crisis' says Rick Rule (Pt. 2/2)

[@kitco]

Watch part 1 of this interview: kzbin.info/www/bejne/ppCkc3eYq7mNZpY

[@evilzzzability]

RR is one of the few pro-gold analysts who gives a fair assessment of things and who I can bother to give my time listening to

[@doncressco]

David you are one of the best at your craft. R. Rule is a living legend.

[@AlexandreEdison]

Rick Rule is my favorite guest. Relax, knowledgeable, polite, keyword sentencing...

[@eSentrik]

Rick Rule is an instant click!

[@frikandelspeciaal1431]

+1

[@turbofanlover]

Rick Rule is a slick-talking car salesman.

[@davidkoziar1811]

I like Rick James more

[@owenbenjaminshapiro6285]

RICK RULE, BITCH!!

[@davebellamy4867]

I thought you wrote "instant dick."😂🤣🤪 Rick is always a good listen.

[@adnansingh7630]

BlTCOlN is also the future now, less than 1% of the world population is holding it, If you’re a btc maximalist and you spend a lot of hours watching podcast, learning, reading, and trying to understand. If you’re here, you’re early and you deserve it.

[@kynchan3332]

So are so many other cryptos. When tenants offered bitcoin 9 years ago in the absence of cash I had to take the bitcoins without knowing what they were or what they did.

[@creditplug2342]

Kyn Chan When I first heard about it, I was like everyone else. Ridiculous and crazy idea. Years later it’s still around, my regret is not getting in then.

[@kynchan3332]

@@creditplug2342 Dumb luck on my part. I thought I was getting cheated again with another none paying tenant. I've been a terrible landlord being especially good at choosing awful tenants but luckily the bitcoins were a saving grace and the properties appreciated far more than any rent I ever go out of them.

[@miamonikakoch6619]

Hi Adnan how can you link me up. Interested in knowing more. I recently started reading about it.

[@adnansingh7630]

Maria Westbrook I’m privileged to be working with a US top financial consultant John Augustus Godfrey Jr. You can look up for John on google.

[@xtctrader1467]

Technically speaking, applying the Fibonacci Retracement to the Spot Price from the March low to the August high. The low hit in late November was a 50% pullback. So, in my opinion the next leg up has begun.

[@markbrbot8648]

That's not pricing in a second market potential crash tho

[@xtctrader1467]

@@markbrbot8648 obviously, since I was speaking from a "technical" basis as I stated.

[@astralpx]

Gold equities are showing this.

[@monte4150]

Ricks the man! His interviews are your best.

[@InspireNewGeneration]

Great I was waiting for part 2.

[@Prash1c]

Golden content! Thank you! :)

[@ampiciline]

I learned a NEW concept from Rick today : concept of " Recycle Ratio " 9:58

[@gfcardi]

David: Smiling. Rick: "Deficit spending, which is the theft by my generation of your generation's wealth" David: Not smiling. (edited as per Brandon K's spotting of my erroneously referring to Rick as "Doug"). -gfcardi

[@brandonklosterman9880]

Who's Doug?

[@gfcardi]

@@brandonklosterman9880 Ah, you got me. I was listening to a Doug Casey podcast right before this so I mucked up the names. I've edited it to indicate "Rick." Thank you!

[@brandonklosterman9880]

I was pretty certain you had Doug casey in your mind lol they are both legends in the sector no doubt.

[@gfcardi]

@@brandonklosterman9880 Yeah, he's one of my favorites. I first learned of him while watching a Kitco podcast with Doug and Rick Rule, and it was one of the best...I think it was a few months ago. Thanks!

[@alexanderellwanger9307]

I enjoy: if my memory serves me well"

[@BatmanBoss]

Kitco! 🏆🏆🏆

[@kenporonin1]

Gold facing an existential crisis......? Quite a statement for an element that has been treasured for 5,000 years. Those who doubt gold have never held a gold nugget or coin in their hands. Feels very different than staring at your bitcoin wallet digits on your smartphone. No crypto will ever replace the real, tangible asset that is gold or silver.

[@izabari]

So would you at least entertain the idea of diversifying between the two?

[@rickrule5517]

@@izabari of course, complimentary asset classes

[@Marcelo-Caruccio]

Lots of things change in 5000 years. Salt used to be a monetary store of value sometime. Im afraid gold is going down the hill in the next decade replaced by BTC.

[@cosmosaic8117]

@@Marcelo-Caruccio LMAO you're an idiot. Gold has been thru every single economic condition, every single fiat currency, and every single civilization in all of mankind. It's fine to like Bitcoin but this arrogance is absolutely absurd.

[@cosmosaic8117]

@@Marcelo-Caruccio Have fun when there's an internet blackout and you will see why you're stupid af to overlook Gold. Better get yourself a HAM radio for your Bitcoin which only will send your BTC about 12 KM. Might as well just have Gold.

[@nomadicfenceman509]

He put in perfect perspective the bitcoin/ gold comparison. So simple once you hear it

[@Scottiedowawa]

Would like to hear his opinion on the Australian miner Bellevue Gold Limited (ASX: BGL). Has been pretty resilient to the spot gold price.

[@andrewfallon2719]

His way with words is awesome

[@granvillestout2681]

So, what he said is that gold will go up if it does and down if it does, or it could stay where it is.

[@WhiteCollarWarriorWallStFraudE]

Thank you both. Always a “check up from the neck up” for me. Although I stack physicals, I trade other stuff for fun. An ounce of gold in 1820 bought a medium quality custom suit as it does in 2020. Agree with Rick Bitcoin is interesting, but it’s store of value is questionable. It is also dependent on too many man made variables, seen and unseen, i. e. eventual Fed coin outlawing competing crypto’s. Don’t shoot the piano player, I’m just playing a song ;) What man creates, man can destroy.

[@xdc86]

This guy is a legend in his way of thinking

[@donready119]

Fantastic interview. Thanks

[@izabari]

I have both physical (no paper) gold and crypto. Who else is setup like this?

[@harrymaguire7005]

Translation of what Rick Rule was trying to tell you: Buy EMX Royalty stock.

[@classicalmusicvideos1276]

Take a drink every time Rick says"with the ease with which you or i exhale!!!"

[@tonyh1345]

I’m hammered

[@23bonsai23]

I'll have had three drinks then in my life....... not much of a drinker eh?

[@23bonsai23]

.... switch that to "Liquidity" and you may be on to something

[@coryg121]

“Which is to say”

[@gfcardi]

@@coryg121 Be a contrarian, or be a victim.

[@olivergrah4629]

Great perspectives!

[@matthewmorgan7106]

Definitely easier to listen to than Jim Rogers.

[@minecoinseveryday7407]

thanks for this video

[@spotshortmanipulators4721]

Rick Rules The Rules ...Smart Guy

[@seven8n235]

Much better today than yesterday!

[@adamski4678]

Are we thinking gold is realistically a medium of exchange in today's world? There's going to have to be some medium of exchange digitally for the digital world with the inherent money properties.

[@JiibarO]

We really don't use the brains we've been given. We give monetary value to anything we deem fit. Cryptos are another example of this human flaw. GOD BLESS🙏🏼

[@rons5319]

If I had a penny for every hour wasted by people BSing about gold I'd be a trillionaire many time over.

[@ikust007]

More about Bitcoin :))

[@gfcardi]

You'd also be dead. One trillion dollars = 100 trillion pennies X 1 hour/penny = 100 trillion hours = 11407711613.039124 years. So, how you feelin', great great great great great great great grandpa?

[@rons5319]

@@gfcardi What a minute. There can be multiple people talking about gold at the same time. And that seem like hundreds at least. They'd be ahead of it--if they just went prospecting for gold.

[@gfcardi]

@@rons5319 lol, good point. But since he never stated his assumptions, the logical starting point was to assume that he would need to verify all of those hours, and whether they were in parallel or serial he would need to verify them as "wasteful" by listening to all of them--which he can only do in serial mode.

[@PeterAcrat]

Thank you 👍

[@netrapaharai2185]

GOOD, Analysis

[@ikust007]

I would dream to believe that in 2-3 years they will go up but ...

[@Justin-pu5pb]

Man this guy is a gem!

[@jameslau2351]

Bitcoin is replaceable with bitcoin 2.0, 3.0 ,4.0 Gold is Aways Gold, Au element 79 Halving of bitcoin every 4 years makes it scares, but gold according to miner's reserves reports we are in roughly last phase of 50,000/250,000. When gold mines depletes in 15years don't expect reserve banks or some Indian or Chinese grandma selling to you the gold they own.

[@violentshoes4685]

Elon musk will be mining the gold on asteroids by then, driving golds price to irrelevance.

[@jameslau2351]

@@violentshoes4685 True, but it cost now only about a 100mil to sent a person to moon

[@clarissemoustache838]

Except the S&P500 is a dollar backed asset.

[@Minamina-hr2xs]

Gold is gold is good the fed is crazy.! Thank you thank you.

[@dancampeau1963]

I wish the housing market would decline, but that would imply raising interest rates. We don't want that.

[@davebellamy4867]

I like Rick's windows. Only very thin people can get into his house and steal his gold.

[@ikust007]

At 6:05 the commentator lost me because he is referring to a past that was in pure balance for the last 1000 years . The Digital Era is totally something else . I am a stacker by love . The miners have been my Weakness.

[@atapene]

Yes the invention of the internet would seem to have changed things, and to ignore it would seem a bit naive. Given this video and all our discussion are on the internet, which has changed our lives so much we just forget about it

[@billpetersen298]

It’s a strategic asset. Remind your PM, not to sell Arctic gold mines to China. (And Arctic sovereignty)

[@georgeemil3618]

Gold to $2500 -$3000 by the end of the year?

[@brian6x]

end of 2021

[@gavin1342]

Which year?

[@JohnThompson-hc8bd]

We will see.

[@astralpx]

Jaguar has been strong.

[@bradleyjordan5365]

Gold bebeey !!!

[@hossser8265]

Rick Rule is one awesome possum. I read that some countries achieved quantum supremacy. I guess that makes all crypto trash. Gold and miners are the time tested inflation hedge.

[@maxvivendi8111]

He talks too smoothly ...

[@cris471]

Who cares !!

[@catxnc]

Rick, thank you so much for using that nose hair trimmer your family gave you for Christmas last year, and I say this as a man whose nostril bush can only be affected by the latest week eater.

[@rachelgooden9981]

Thought he was gonna say bitcoin

[@MrMolecularscientist]

Shit interview. He just lets R Rule ramble on. Specifically Rule's statement/argument that people won't/don't use Bitcoin to buy coffee is: 1) false, and 2) a terrible argument --- people don't use silver or gold to buy bitcoin either. ??? The subject was about 'investment' not use as a currency. But of course, the interviewer doesn't have the balls to call him out on that statement.

[@JamesBond-vg6wz]

RESET - 6uild 6ack 6etter - 666😈

[@GG55-L]

Bla-bla-bla

[@galaxydiscounters3344]

What the hell dirth? Lol

[@rickrule5517]

shortage, scarcity ( dearth)

[@galaxydiscounters3344]

@@rickrule5517 there is no dirth in your vocabulary Rick lol that’s so awesome of you to expand mine lol cheers and merry Christmas! You and Erick are absolute go 2s for no BS honest opinion based on reasoning. Ps. I’m all in on Pute gold mining and Discovery metals. Thanks for helping me to hold through the down swings Rick :) your my rock lol

[@galaxydiscounters3344]

@@rickrule5517 and still miss spelled dearth lol

[@eventhisidistaken]

He's talking about Dirth Vadir.

[@galaxydiscounters3344]

@@eventhisidistaken Lmfao that make more sense hey

[@fits1966]

Ignorance

[@susheelamariappan2295]

😃🙏

[@duudleDreamz]

The real flippening has begun: From Gold ($10Trillion) to Bitcoin ($0.3 Trillion). Bitcoin is to the computer-age what Gold used to be to the stone age (plus a lot more.)

[@bali404]

The argument of Gold being 5000 years old just makes me sad seeing how outdated these old ppl are. Just remember that the iPhone is only 13 years old and you will recognize the old/value fallacy

[@davidkoziar1811]

What's wrong with that point of view? I'm not old and I'm able to see the value of having physical precious metals. Look at the gold chart for the past fifty years. Notice the trend?

[@rickrule5517]

the Iphone has utility

[@rollcageeight5835]

Read the book Antifragile by Naseem Taleb. It covers this better then a comment section

[@eventhisidistaken]

So don't own any then. No one cares. I don't own gold because I think someone will buy it from me for more next year, I own it in case I'm still alive when the dollar goes Venezuela. Could bitcoin serve that same purpose? Maybe. But also, maybe not. I own a small amount of crypto in case I'm wrong - small enough that I won't jump off a building if it goes to zero, but enough to finance an emergency exodus across the border if all hell breaks loose and I have to cram the Ledger up my backside as a back up to the back up of being robbed of everything else.

[@Minamina-hr2xs]

You need a woman as the host.. Or some kind of food in the show.

[@rugrad98]

This is hard to watch. Rick is too monotone. I’ve had to rewind this a few times because I checked out.

[@patted44]

Pretty smart guy but a little too pleased with himself!

[@Peter-kg8dy]

Chris, jealousy isn't a good look.

[@turbofanlover]

Gold is yesterday's news, man. It's the past.

[@rons5319]

Gold's main threat is common sense. Gold is in a bubble like all other assets--only bigger. No other asset has gone 6x since 2002--only gold. Gold is only supposed to follow real inflation. Inflation is not even close to 600% since 2002. If you want to get 25% on the dollar for your hard earned money--buy gold. As for me, I never NEVER buy bubble assets!

[@Peter-kg8dy]

Based on what an oz of gold can buy throughout history, it's price makes sense, in fact looking at M2 money supply, it should be higher. What are your thoughts on bitcoin? you must think that will be crashing any time soon.

[@Chamaaak]

The Nasqaq did x6 since 2002. Amazon did x238 since 2002. It took me 2 minutes to find this. If you look longer you're gonna find a lot more crazy assets rise. But none of them was backing the dollar before. Because none of them is money, and money can go very high when currencies are being printed by trillions. That's the way i see it, maybe i'm just blind and gold is a bubble

[@Reasonist]

Gold is simply reflecting the psychotic nature of the fiat market. It is not gold fluctuating by a factor of 6, it is the debasement of fiat by such and gold is the canary in the coal mine.

[@davidkoziar1811]

@@Reasonist Nicely and eloquently said!

[@eventhisidistaken]

In 1932, gold was worth ~$35ounce (after the US allowed gold prices to float). So it's gone up by roughly a factor of 51 since then. In 1920 the median hourly wage was 40 cents per hour (I intentionally avoided both the roaring 20s and the depression crash for wages) . Today, it's around 25 dollars per hour. That's a factor of 63. Gold has gone up at a rate, conservatively, quite a bit less than wages in the past 100 years. In 2002, gold was at the bottom of a decades long bear market, so that's not a good measuring stick for whether or not it's overvalued. I intentionally chose a measuring stick that penalizes gold and benefits wages, and by that ultra-conservative measure, gold is somewhat undervalued.

[@adriaticbatman]

What a dumb comment on buying coffee with Bitcoin....lets see what happens when you go to Starbucks and hand them a 1oz Canadian maple Leaf? Neither are useful as a daily use currency....but both are MONEY....with Bitcoin have advantages in easier holding, transfer, and liquidity.....

[@davidkoziar1811]

He does have a point. But to give you ammo, once BTC hits a saturation point, you'll see much more stable prices. As of now, it still has a ways to go.

[@monkeyrater]

Its not a dumb comment. Cryptoheads need to decide exactly on what use they think it should be used for. As a store-of-value (a commodity) which is what its used for now which means it has an unstable price in relation to fiat currencies. A medium of exchange, which the glacially slow hash rate prevents it being used for anything at a consumer level. Crypto is being used already as an alternative currency, but its not taking off because it offers nothing that isnt already being done with conventional fiat currencies. Yes if the dollar crashes then crypto and precious metals will become very valuable, until then its all hype.

[@adriaticbatman]

@@davidkoziar1811 Exactly...you can not have stability when it is still climbing a wall of value. When BTC reaches market cap par with Gold it will have the VIX of Gold...and when it reaches Bonds Market cap, it will be boring...but by then those that hold will keep ahead of FIAT devaluation.

[@davidkoziar1811]

@@adriaticbatman If it gets to that point, Max. Maybe it can but BTC requires a huge influx of capital and I don't see that happening anytime soon unless there's a black swan event (ie. The Martians have landed!) 😉

[@kennethadams1398]

Really like him... pronounces ‘cup of coffee’ better than anyone I’ve ever heard and repeated it for good measure. Great interview 👍🏼

[@Prash1c]

To analyze an analyst = anlayst meta-analysis. You just created a new field of applied research! Study one: People who are capable of pronouncing "cup of coffee" perfectly are probably very capable, thus, their insight on gold is golden. :D

[@TXLionHeart]

@@Prash1c I wish I could insightfully comment on your magnificent comment, but I have no such comment. Perhaps that's a commentary on the nature of comments today, but I'm not a commentator who can comment on such things... Nonetheless, perhaps your comment itself may mark the commencement of insightful comments by awakening commentators from their figurative comas, and commence the age of quality comments. Regardless, even if your comment cannot commandeer the minds of dull commentators who continue to be complacent with their commentary, I commend you for your comment; I am completely content with the content of your comment alone.

[@Prash1c]

@@TXLionHeart thank you for commentatering comments on my comment.

[@concernedpatriot9314]

Congratulations to everyone who is a proud owner of Precious Metals, after all they are precious and will make you Rule like Rick ! Seriously the metals are about to be THE ONLY GAME IN TOWN....🎉💰😎🍿

[@turbofanlover]

That's not what the mining stocks are saying. Stay tuned.

[@roccoforte6889]

It's an absolutely very well devised and naturally thought financial insurance policy at a certain point the trend will be roaring and that's the key point and equities will catch up to the demand the physical metal which will be peaking then

[@stevegaspar]

Love PMs but the uranium sector is not to be passed by!

[@stevestecenko7980]

@@stevegaspar Yeah, sell more "rope" to China, you greedy fool. I guess if there is a war, and some of that Uranium comes back to us one day, the millions of people who lose everything will know Exactly who's houses to go to with the pitch forks and torches. I guess you aren't factoring that in , too damn greedy.

[@WisdomIsPrecious]

Rick Rule part II: Return of the Rule

[@pkl8811]

it will be overbought at USD 18,000

[@homeacres9454]

Per oz?

[@davidsanderson5918]

What a clear, articulate and measured guest this guy is! Prefer him to those ones that come on ranting and rattling on. Looks like he collects Second World War helmets too. Good investment.

[@johnwicksfoknpencil]

The only realistic “threat” to gold is silver.

[@yachinisrael1764]

Bingo silver is gold on steroids the most UNDERVALUED ASSET on the Planet the crime of 1873 the demonization of silver before the gold standard was put into existence

[@12InchesUnBuffed]

even John Wick's pencil is worth more than bitcoin

[@johnwicksfoknpencil]

@@yachinisrael1764 Chris Duane would be proud

[@johnwicksfoknpencil]

@@12InchesUnBuffed 😂

[@monte4150]

@@johnwicksfoknpencil Copy that! 👊🏻😂😂😂😂

[@massmedia5462]

Thanks for calling it what it is, "Counterfeiting" and "Theft"... the FED's overreach this time has resulted in an exponential amount of individuals finally seeing it for the Criminal Cartel it is.

[@xDDufiosy]

how do i know gold is a safe haven asset and bitcoin is not? Central banks own gold, the average investor is speculating on bitcoin.

[@atapene]

Central Banks will also soon own junk bond and any old stocks most probably. Look you don't need to pick a side, it's not like the election. You can stack gold and btc and benefit from both

[@xDDufiosy]

@@atapene i agree you can benefit from both, but for different reasons. I would encourage people to ride the BC high as a speculative asset and sell at the bubble peaks. CB's are holding gold, but have junk bonds for different reasons. CB's around the world repatriated their gold for a reason. Comparing gold with junk bonds is disingenuous at best.

[@nikkion2140]

@@xDDufiosy Well put.

[@SpencerCampbellSG]

If you know nothing about the precious metals industry and would like to invest just follow Rick Rule and the Sprott team, they've got you covered!

[@bp5662]

Try your damnedest, but you can't stump Rick Rule with a commodities question. You can't even get him to give a less-than-brilliant answer. Next time he's on, ask him something profoundly deep about precious metals investing. Something like, "What would you say is the number one factor that leads an individual to gold, and what creates a gold bug?" Also, "What are gold bugs to do AFTER this final bull run of an era that you see coming?"

[@citycams-fc]

Rick Rule always win.

[@cris471]

David, you are the best, by far !! You ask the right questions, keep it up !!👍🏻👍🏻

[@jeremyrobbins9064]

Only one choice in this world matters: 1) Will you build YOUR kingdom and serve yourself as you prop yourself up. 2) Will you serve God and submit to His Kingdom. Serving others than yourself. Get to know Jesus before it is too late.

[@tedpert8786]

Thanks to Rick rule that’s always available to teach everyone what it takes to be in pms and survive!patience is of essence!

[@jaywhoisit4863]

So where can we get Rules junior list?

[@ABFANews]

Nice information

[@pkl8811]

BUYING MORE BARRICK FOR 2021

[@mrmayhem3527]

Hi there I'm new too this but I want to buy Barrick Gold .can you help please.

[@teknomonk3423]

Excellent discussion, thanks. I love the the crypto volatility analogy, simple and perfect.

[@darrenlewis8918]

My small cap miners are all 30 to 50% down since September .

[@gfcardi]

Rick would say you should rejoice in their decrease as it is a buying opportunity. However, he'd also say that you have to do your HW on the quality (and value) of those miners.

[@secretsquirrel6718]

Host: So ah, theres risk and oppurtunity for all. Wow, how insightful. It reminds one that a good host really adds to an interview...

[@DVNDVN11]

he seems like a great guy. i only have 1 share ggp, loving it, i possibly need to start finding a few others

[@TheGilbalfas]

Rick makes me feel smart for investing in PM's. So well spoken and intelligent. I got his appraisal via email and it helped me pick between 2 stocks. thanks sprott

[@TroyWilkinson978]

Same here Gil. Very insightful reply from Rick.

[@Silverhands]

The first rule of bullion fight club is Rick Rule...

[@paulrath7764]

How do we find out the 45 junior names on Rick’s shopping list?

[@BE-lz8yf]

I don't understand how people have faith in bitcoin long term; are they aware the network can only process 4-7 transactions per second? It would take over 10 days (best case scenario) to process a measly 10 million transactions. I haven't been able to disprove the possibility that a motivated organization could choke the network with valid transactions, pushing settlement times high enough to kill bitcoin. Or that could simply happen from wide-scale public adoption. Is there something I'm missing? If few individuals actually hold bitcoin and the average person invests in it through exchanges or derivatives it could work for a period of time. Like gold. But there's just too many technical vulnerabilities for bitcoin to hold up in my opinion. I find it ironic that people who tout it as the future are omitting that functional quantum computers would turn bitcoin's cryptography into a wet paper bag. If anyone can point out any flaws in these concerns, I would appreciate it. I'm just trying to come to an unbiased, logical conclusion

[@atapene]

You have to consider the whole crypto industry. The narrative of bitcoin is not to buy coffee with... You don't use gold for that either. It's as collateral, like gold. There are stablecoins and other cryptos which can handle all those transactions, for that utility.

[@atapene]

Literally, if you have a piece of gold to Starbucks they would have to check the price of gold etc in just the same way... Frankly it's a childish argument to make, Rick is normally fairer than that

[@atapene]

For quantum.... That is a bit like saying we may as well stop investing in Tesla because hyperdrives could make them obsolete in the future

[@BE-lz8yf]

@@atapene I never indicated I believe bitcoin can function as a form of daily payment. In fact, my original comment indicated I believe that's impossible, as the transaction speed required to support that type of behavior is impossible. Your comment about hyperdrives is illogical. First, let's not use an equities comparison to make a point about reserve assets. Secondly, hyperdrives don't exist and there are working demonstrations of quantum computers. All you have to ask yourself is: will computers be exponentially more capable in the future? If you believe so, then there will inevitably come a day when bitcoin will be worthless. I don't know when that is. I think what you're trying to argue is that there will always be innovation and disruption. But If the innovative and disruptive technology is already obsolete then it's just speculation. Which is fine, speculating on bitcoin these past few years has been very fun.

[@BE-lz8yf]

@@atapene Do you have any thoughts on how easy it would be to choke the bitcoin network? Does that concern you? If you had to wait 2 years for your bitcoin transaction from your Ledger to your favorite exchange to settle, would that not shake public and institutional confidence? If you needed to liquidate some of your 'assets' in an emergency, would 2 years cut it? These are the concerns I have. If just a small amount of the population as well as institutions and governments used bitcoin as they do gold, the transaction times would be impractical. Any group with enough resources could delay settlements by years. What would that do to a bitcoin ETF? What would that do to pension funds that have replaced or offset their gold weightings with bitcoin?

[@Steve-gn4hk]

Top 3 Kitco guests 1) Rick Rule 2) Rick Rule 3) Rick Rule

[@Prash1c]

Woo! :D

[@jayk4010]

Rick, pls share your shopping list 😊

[@rickrule5517]

available to clients

[@Joel_G_NZ]

Don't bother doing the rankings thing, he won't get back to you

[@spg77777]

Zecharia Sitchin. an author... has done some interesting research into the prehistoric relationship between man and gold. Check him out. )

[@Thiny1991]

Anyone who would dwell on 1987 crash and assign historical significance to that crash may want to check out Adam Smith’s book the roaring 80s ...

[@jossandman]

Lack of exploration means tightening supply, higher prices. If this applies to silver also concurrently with a spike in demand that could be nice.

[@TT3TT3]

👍🌠 Buying opportunities 🙂 👍 Interview ended too fast.

[@vids1661]

When will rick have his own youtube channel?

[@aspendesign]

Thanks guys. A great chat.

[@jasonpost7538]

Thank you Rick for your time