People buy gold for its historical role as a store of value, hedge against inflation, and scarcity. and also. offers diversification benefits due to its low correlation with stocks and bonds. However, investing in gold involves risks, and individuals should consider their financial goals, risk tolerance, and situation before investing.
@JacobsErick-u8rАй бұрын
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
@Peterl429026 күн бұрын
Because gold has long been used as a hedge against inflation and shortage, people purchase it. Moreover, because of its low connection with equities and bonds, it provides diversification benefits. But gold investing is risky, therefore before making an investment, people should think about their financial objectives, risk tolerance, and circumstances.
@larrypaul-cw9nk26 күн бұрын
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
@lennoxGoldson26 күн бұрын
Gold is a terrific investment and an excellent hedge against the declining value of the dollar. I've been holding some for a while, and I'm glad my adviser is keeping an eye on market developments since I wouldn't know how much money I would have lost by now if he hadn't.
@sabastinenoah26 күн бұрын
Who is this investment adviser you work with? I'm still working to recoup from losses I sustained in 2021-2022, and I'd appreciate some good advice.
@lennoxGoldson26 күн бұрын
My CFA Annette Christine Conte a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@sabastinenoah26 күн бұрын
I merely Googled her name, and her website up right away. So far, it looks interesting. I sent her an email, and I hope she responds soon. Thanks
@goldismoney5899Ай бұрын
36 trillion national debt. END THE FED. Gold IS Money.
@JeDxDeVuАй бұрын
Gold is good at many things but a god awful money.
@peterklausner9727Ай бұрын
$10k gold sounds insane but, if you factor in the desirability of other nations that no longer want to use the US dollar & you factor in the US government debt and how the US uses the dollar as a weapon to global South and weaker nations.. Also to limit risks of being sanctioned by the US government & having their US dollar reserves being stolen by the US is a kind of derisking.. $10k gold then looks much more possible & not an insane price..
@FeedTheGreekАй бұрын
$60k gold coming based on currency debasement and negative interest rates under T*
@nicholasbuscemi3337Ай бұрын
At least he’s honest in not making a gold price prediction … the way some of these idiots do.
@sullivanfraser9823Ай бұрын
It's a stupid number, and Rick doesn't say stupid things
@monalisa1094Ай бұрын
Brilliant, I always replay Mr. Rules interviews multiple times. So much information, take notes!
@user-hm5zb1qn6gАй бұрын
Rick Rule brings so much clarity, so much hard truth, he's a must-watch for me regardless of which show he's on.
@itsMohakАй бұрын
Very good inputs and analysis.
@douglasthompson9482Ай бұрын
Rick is accurate yet timing is everything. Eventually these things will come to pass
@Timothy_PittАй бұрын
@@douglasthompson9482 Quite Requires patience & nerves of steel
@Steve-gn4hkАй бұрын
Rick Rules words are gold.
@tinfoilhatplumber485Ай бұрын
@@Steve-gn4hk he always sounds too self important
@Doug-g8iАй бұрын
Rick Rule is narcissistic. And he’s a smart dinosaur but, extinction is coming sorry to say.
@tinfoilhatplumber485Ай бұрын
@@Doug-g8i he comes across as self important... screw tube is full on censorship
@zsoltszopko9817Ай бұрын
I love Rick Rule!
@yassma97723 күн бұрын
How can all the gold of the world 18Trillion cant pays the debt of à single country 36T ? Its insane !
@superstar5123Ай бұрын
Great discussion
@BridgetMiller-Ай бұрын
I am really worried about the current crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the United States dollar or is this a good time to buy gold?
@Lewistonwilliams-f5iАй бұрын
People believe their currency has the worth it does because they have no other option. Even in a hyper inflationary environment, individuals must continue to use their hyper-inflationary currency since they likely have minimal access to other currencies or gold/silver coins.
@Helen_white1Ай бұрын
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@TheodorebarbaАй бұрын
I think this is something I should do, but I've been stalling for a long time now. Mind if I ask you to recommend this particular coach you using their service?
@Helen_white1Ай бұрын
I have a female advisor named Stacy Lynn Staples. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.
@DhanaPayarАй бұрын
thank you for putting this out, it has rekindled the fire to my goal... was able to spot Stacy after inputting her full name on the web, she seems highly professional with over a decades of experience.
@forbeshansen1564Ай бұрын
That was an awesome conference this year. Congrats to 50 years!
@jennielam8522Ай бұрын
Thank you Mr Rick Rule! Happy Thanksgiving to both of you!
@123playlandАй бұрын
I'd be happy with silver at $50 like you predicted 5 years ago.
@carlyndolphinАй бұрын
Bitcoin has already overtaken silver by market cap. Next bitcoin will match gold
@MichaelEnzopropertiesАй бұрын
😂... keep em honest ...I wish 50$ like yourself..😂
@carlyndolphinАй бұрын
@@MichaelEnzoproperties I bought 8 bitcoin when it was $8. Today they’re worth $95. I sold 2 and invested in the global stock market and a little bit of gold.
@montyboy711Ай бұрын
5 years ago was pre-covid. I don’t think anyone could have predicted the impact that would have.
@margaretcoote1429Ай бұрын
No one could have predicted the corruption rife in every government institution!!
@wangjingyi300Ай бұрын
All I want for Xmas is to put Rick rules and Michael Saylor in a room and see who walks out
@michaelbell362Ай бұрын
😂😂😂
@johnhenryreber25012 күн бұрын
Saylor, cause micro strategies will go bankrupt. They have a bitcoin average cost of i forgot 80,000 or 90,000 so they have been averaging up. If it collapses again they will go bankrupt. Rick knows commodities and physical, real investments. Saylor doesn't know anything compared to Rick
@kevinralls2470Ай бұрын
Fantastic interview
@GANAPATIIIIIАй бұрын
That's a Great Answer for gold - Rick Rule is spot on. 🧐
@CryptoProfitTradingАй бұрын
People are forced into speculation due to currency debasement.
@Timothy_PittАй бұрын
@@CryptoProfitTrading Dangerous game
@joeg2760Ай бұрын
I can't believe Michelle left! I just read the press release: "To streamline operations, the company has announced the departure of two esteemed news anchors, Michael McCrae and Michelle Makori, editor-in-chief and lead anchor for Kitco News..."
@BreadAndGatorade28 күн бұрын
She has her own channel now. And you can see by who replaced her why she was canned
@squishyplums241517 күн бұрын
Mining stocks are crap investments. Rick Rule was bearish on $4K bitcoin and we now at $100K bitcoin. Forget stocks and metals, buy cryptos.
@FireEaterJahfreАй бұрын
Great insights, as always. Thanks Rick!
@Nahida-cc9qoАй бұрын
Thank you Jeremy and Rick. Informative interview
@Mach10Drones29 күн бұрын
Thanks Rick, sooo Insightful 🙏 ❤
@elonmusknewsnetworkАй бұрын
"Penny stock moron and bitcoin moron are the same species" 😂😂😂
@BarbHollowayАй бұрын
I understand that your job is to tell us about something worthwhile. But you should really talk about Cryptonica. I'm making $300 a day there, and it’s so easy. I really want you to make a video about Cryptonica, bro
@bellavistadanes3881Ай бұрын
Appreciate this interview!! RR is one of my favorites.
@SnakeHeadFish-v5vАй бұрын
Those of us that have retired and moved to a foreign country that has alow cost of living and took their savings with them are not really effected by America's inflation. Just my monthly Social Security check, never mind my savings account affords me a lifestyle that I could afford if I had remaind in America. Having worked internationally before retiring 15 years ago, I realized that America was not as rich and powerful as our politicians were telling us. There are still countries out there that can provide a better lifestyle than America at half the cost.
@SnakeHeadFish-v5vАй бұрын
@mediaisevil6730 Sorry, you got me in the wrong country. Keep guessing.
@ParisianThinkerАй бұрын
I’m in France for 18 years now. It’s time to move out of Europe. France’s middle name is ‘taxes’ and CBDC by 2026’. Like you, I want to take my money out of USA, but where to go with it? I heard a Singapore bank account is easy to get if you reside in Malaysia, but the heat & humidity works against me living there. So much is disturbing about the global situation since Europe is out of the ´no go’ picture too. Glad you found a good place to live. All expats which you well. When we moved out in 2006, I never thought the USA would collapse in morals or run the country so far into debt. Now we have the BRIC countries to remind us of our $36 trillion of debt. A reminder to me too every minute of the day.
@Timothy_PittАй бұрын
@@ParisianThinker Interesting report from France living Thank you
@Timothy_PittАй бұрын
@@SnakeHeadFish-v5v Why be cagey?
@AngelEyes-xm7el17 күн бұрын
Geez i get 830.00 the fool retired early paid the penalty of losing his full to make mine tiny. Evil 😈
@codacoda565Ай бұрын
The United States debt is about a 120% of the G. DP Japan is like 290% of the G. DP and they've been doing it for a while. So if they can do it, I can't see where we can't do it
@rickrule6947Ай бұрын
So, lets win the race to the bottom?
@soullama723722 күн бұрын
GOLD 5X on the way folks. Load up some ounces.
@marceycarsey5535Ай бұрын
Great Rick!
@WhiteManXRPАй бұрын
Exceptional information
@joeg2760Ай бұрын
Where's Michelle??? (No offense Jeremy)
@tinfoilhatplumber485Ай бұрын
Hope she's ok
@JohnLin-kg5euАй бұрын
They let her go...sorry. Very Disappointing!
@tinfoilhatplumber485Ай бұрын
@@JohnLin-kg5eu hope she starts her own channel if true ? She will be a Hugh success.
@photopro100Ай бұрын
Yes, where is Michelle? Hope she comes back.
@555frontierАй бұрын
She is travelling with me.
@Aries6123 күн бұрын
Rick Rule!!! ❣️🔥. Thank you Gentlemen!!!!
@DIYDaveTАй бұрын
Reagan did not have Elon Musk And Vivek Ramaswami working on the efficiency issue. Elon and Vivek call their group DOGE as a joke. It is not a department, they do not have staff, they do not have offices and they do not get paid. This is waaaaaay different than Reagan's time.
@jameskelly9243Ай бұрын
Reagan was great for capitalists not the working man
@Outdoorpro72Ай бұрын
Because by not officially adding them in government capacity they can do so as “advisors” but would you prefer we don’t look at cutting government spending? We should continue to just spend our if control? It needs to be overhauled
@truthseeker85813 күн бұрын
Rick Rule is a legend!
@inttubu1Ай бұрын
Rick Rules the roost. He concurs with my thinking 😂
@kimberleethomas3244Ай бұрын
Bonus XES T=140/160 With a pullback at 97. NEM T=54/60/80 Take note Data gives Gold Futures a Target price of T=4377 in the near horizon. 2664.8-2737.5 is the first hurdle before 3043/3256/3521/3744/3477. The market makers will offer you many ways to play these numbers. If you find you are down, then you entered your position too soon. Hold and you will see the next Target. 💫
@UniteAmericaUniteАй бұрын
I’d love a deeper dive with Rick on how a 1970’s style devaluation would benefit debtors.
@saeidyazdaniАй бұрын
Rick Rule rules!
@marymagdalene5972Ай бұрын
If the Fed reduction people would award agency heads and their top directors, they would welcome managing less employees
@ViratHindustanАй бұрын
Check deccan gold mines an explorer with two mines coming into production in Q126. Only listed gold mine company in India.
@rogersyme1368Ай бұрын
Rick is a rare commodity in his own right...
@guloguloguyАй бұрын
IMHO: VERY SOON, SILVER WILL BECOME MANY TIMES MORE VALUABLE THAN GOLD!!!!!!!!!!! IT IS THE ABSOLUTE MOST VALUABLE METAL ON EARTH!!!!!!!!!
@CHRXIND1Ай бұрын
Rick notes the new Department of Government Efficiency Office, not much else one can do as the Trump Admin. is not officially legit at this time. The Govt. Accountability Office (GAO) should be doing inefficiency/corruption investigations. So already being established, perhaps the two will merge with minimal politics involved. GAO likely has a number of good honest folks, but one hand tied behind their back limits their mission.
@johnchieze530Ай бұрын
spot gold n silver have begun to spiral downwards en route to oblivion behind the equities markets' expectation of enonomic boomtimes after january 20. the fed will soon have to contemplate holding rates forever or begin raising. nobody is thinking about this scenario to their demise
@michaelangelobergeron5980Ай бұрын
Ironically I just said that gold will eventually be hitting $10k, I was laughed at by many… I still will say golds going to eventually be $10k!
@joakimgasslander3622Ай бұрын
Lundin Mining for copper.
@mikesmevog7146Ай бұрын
I'm still hung up on why you have to be married to go to the grocery store 😆 or is it the woman has to be the one going? 😆
@Walana465Ай бұрын
BS: in 15 Years one Party has a contract and the counterparty has to deliver with no crystal ball about real Inflation
@dillonsawyer9377Ай бұрын
Rick keep your eyes on Comeco in Port Hope Ontario
@mediaisevil6730Ай бұрын
Rick Rule is awesome
@RiaanRaiАй бұрын
The US debt is a runaway train . Elon and AI powered by a 1000 super computers will not be able to come up with a solution to reduce the debt. Option 1 - Default . Option 2 inflate the debt away . Option 3 revalue gold to $150k . Every solution to the debt problem involves gold flying to the moon . 10 years to go from $20t to $30t , no we going from $30t to $40t in 2 years and by 2028 we at $50t . Thats $30t to $60t in 10years . The US has to be reset or they default by 2030 its simple as that . That puts gold at $150k by 2030.
@JD12395Ай бұрын
You clearly haven’t seriously listened to the actual -lans for DOGE. The new department will not be government employees. They will have an 18 month lifespan to do the analysis and render a recommendation for cutting the waste. Unlike the rest of the wasteful government, they will do a job and then go away.
@horacioballinas5410Ай бұрын
The truth is that reducing the government size significantly will create a deep recession. A deep recession would create a ton of upset people. A ton of upset people would doom the GOP in the next election cycle.
@michaelloecher8830Ай бұрын
So drilling HARDCORE & using US oil to pay down US dept while buying TONS of gold to hybrid back our own US dollar with US oil & gold would work INFINITELY better then hyperinflation that yall talked about in the first few minutes. 🦃🔫🦅🇺🇸
@davematsch5318Ай бұрын
Disagree - 'a dept. was created to get rid of other depts.'...This isn't going to happen with some bean-counter sitting in a 1-room office. Of course you have to have a whole dept. THINK!
@kiefershanks417219 күн бұрын
Gold is the most fundamental, primal investment vehicle we have and historically it increases in value steeply in times of uncertainty. When bad things happen, gold increases in value. In the leadup to to the 2008 financial crisis, gold was increasing steadily in value and after the market sell off began, it continued to increase in value as stock was sold off with few other places to go. Eventually it becomes less attractive but at certain times, not dissimilar to the times we are in now, gold becomes extremely attractive as a short term investment vehicle. The existing run up of the gold price has been very steady, dare I say, unusually steady. That tells me that an increasing number of investors are confident in gold's near term performance and that larger investors are starting to pile into gold like pre-2008. Anxiety around the economy, the national debt, and the stability of financial markets is growing and with good reason. That is why gold will continue to increase in value and also has the potential to spike massively depending on the severity of future events.
@williampmcd8548Ай бұрын
The enemy of mankind is the influence of existential doubt.
@LeeuwAdelaar-xe7hhАй бұрын
Ricky 👍👏
@inttubu1Ай бұрын
Bitchcoin be like musical chairs. It’s great prancing around and having a whale of a time grabbing the sexy ass in front of you but when you least expect it the music stops.
@cryptomojiАй бұрын
cmon Rick just give us your top 3 gold stocks 😂
@richardvincent7764Ай бұрын
Where do all these people keep this cash?That is not insured in the bank.
@13MAM13Ай бұрын
The $7 trillion on the sidelines? It's paying them 4-5% interest
@charlessavoie2367Күн бұрын
But with the dollar sliding towards its real value (zero) we need to forget about dollars and use gold, silver, copper as direct payment for goods and services. A trimatallic money system.
@russmed981Ай бұрын
If the administration revalued gold and silver per oz, that would help balance the budget and restore the faith in US economy and the US dollar. Unless i dont see something but I feel its unavoidable.
@mine000224 күн бұрын
Yes you create the DOGE to eliminate government efficiency, but it is run by people in the private business sector who know how to run business..including the government business of being inefficient.
@AmericanProspector1776Ай бұрын
When word on the street is concrete, go the other way
@mediaisevil6730Ай бұрын
where's the makori rack?
@Poppya2024Ай бұрын
I think she's left the show 😢
@crazboyАй бұрын
Ricks hilarious. Had me laughing @ 30:12
@seriouslyyoujest1771Ай бұрын
Gold Bitcoin MicroStrategy Stock 🚀
@sydneycali2348Ай бұрын
I hear that since 2009
@sime2890Ай бұрын
A few quotes in there for the new Rick Rule bingo game 😂
@NickS-vu2jkАй бұрын
Like: Past is prologue?
@rooftime473028 күн бұрын
Silver is manipulated and always will be , there is no control over the manipulators, it will never rise they need for industry applications . Reply
@dmr87Ай бұрын
Rick you need to talk to Larry Lepard to start your BTC journey
@GuzeyOzerАй бұрын
Did he say gold was $35 an ounce. I just looked that up and that’s incorrect.
@kiltedsasquatch369329 күн бұрын
In 1934, Gold was pegged at $35/oz. This held true until the 70s. This is common knowledge.
@andrewhoover464120 күн бұрын
RR is the best.
@Rigala-s8oАй бұрын
Where is michelle mccrory?
@FalcorskyАй бұрын
Everything will rise in tandem, precious metals and technology. Commodities consumption and utility aspect of digital assets are on the way in. One hand washes the other.
@bradgnidziejko5045Ай бұрын
Love Rick, does he have any interest in the Dryden area/ Champion Bear Resources Plomp Farm property?
@okaymalu8592Ай бұрын
When Education meets blockchain! NorvenAI's the perfect storm.
@glbailey7355Ай бұрын
Yep, and the Sun will begin rising from the West. NOPE!` Gold will pull back.
@drcolsterАй бұрын
I don't Agree with his words on that the TRUMP Government wont cut the government Waste... The Mandate is to drain that Swamp... Billions and Trillions wasted yearly...
@truewealth50Ай бұрын
Just think....Cutting Gov.spending will completely collapse the Gov and crash our market...it would cause a credit freeze...The world's economy survives and functions on our debt based system..
@adohmnail6445Ай бұрын
They may 'cut' some and give tax breaks. They will print money....its guaranteed. There is no political benefit to cause more pain.
@AnoNymInvestorАй бұрын
Good luck with that!
@drcolsterАй бұрын
@@truewealth50 So if you had a Business would you run it as per the U.S Government ???
@truewealth50Ай бұрын
@drcolster I am only making an accusation...We are waaay past the point of no return...It matters very little...You can fix the debt issue by contracting the money supply and raising rates...but you still can't avoid a hard landing.Its too late.
@kevincrawford7943Ай бұрын
How worthless is my money now is more appropriate, nobody is getting rich, it’s mind control! Break the curse of fiat currency!
@treavey1Ай бұрын
he (rule) was right about uranium too when he started advocating for it a few years ago
@YourLifejacketFirstАй бұрын
Btc doesn't matter meanwhile US strategic reserve. El salvador. Brazil.
@Chaka2479Ай бұрын
Bitcoin is Gold 2.0!
@YHVH148310 күн бұрын
Lol No
@WhiteManXRPАй бұрын
Bitcoin is a network And its an access to trading the crypto market. Its nothing Unless you cash out and save yourself... its nothing
@wesleywilliams8129Ай бұрын
Gold to 10k, i would love that, but i dont think so.
@43peery10hamidАй бұрын
Norven AI token is the new DOGE 🔥 🔥
@preciousmetals7114Ай бұрын
Gold is sound money !!! stop the manipulation
@snakje4 күн бұрын
Department of government efficiency will definitely reduce number of departments and staffs. As much as I hate that guy, he made huge cuts in manpower in Twitter. He’s definitely the king of firing people n making them work harder and more efficiently
@dollz760Ай бұрын
Boomers buying paper gold certificates saying bitcoin is a scam 😂🤪🤣
@walteralavena3781Ай бұрын
And your credentials are….?
@user-hm5zb1qn6gАй бұрын
@@walteralavena3781 he's a bitcoinbruh. Just like about half the dingalings on this comment thread.
@Mat-hh6hjАй бұрын
Bitcoin is also an etf so control has been handed over to the government
@jackturpin7828Ай бұрын
Actually physical silver bullion and gold mine shares. and Yeah Bitcoin is a scam those price fluctuations make some people a lot of money but for every winner there are losers. A bit like musical chairs.
@stephenpaul4258Ай бұрын
its the millenials that are doing it. older buy physical. Cryptos are the lead into cbdc, thats why the govt is now getting involved with them.
@goldismoney5899Ай бұрын
DOGE is like some kind of sick joke on the American people. Really? After the Ponzi crypto DOGE coin.