Rick Rule: Why Gold Will Hit $9,000 & Your Wealth Depends On It

  Рет қаралды 69,052

Wealthion

Wealthion

Күн бұрын

Пікірлер: 167
@Wealthion
@Wealthion 2 ай бұрын
- Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at bit.ly/40z0zHd - Hard Assets Alliance - The Best Way to Invest in Gold and Silver: www.hardassetsalliance.com/?aff=WTH
@Puzzlehup_com
@Puzzlehup_com 2 ай бұрын
great share
@randyosborne3971
@randyosborne3971 2 ай бұрын
Congress is for sale. On the take. BOTH PARTIES. Take care people.
@HANZELVANDERLAAY
@HANZELVANDERLAAY 2 ай бұрын
Look at MMTLP stock.... we've been had....taken our money
@JohnRuhlJr-wf1on
@JohnRuhlJr-wf1on 2 ай бұрын
That's why we need a convention of states to get term limits on congress !
@randyosborne3971
@randyosborne3971 2 ай бұрын
@@JohnRuhlJr-wf1on I love this short video. "A Republic, not a Democracy." by Dan Smoot.
@khunjam8852
@khunjam8852 2 ай бұрын
Nah , better to hand them all over to the salvos , i'm sure their second hand shops will take them and see who'd want them..
@bullishforgold8790
@bullishforgold8790 2 ай бұрын
Great convo Jimmy and Rick! Buy GOLD!!!
@Atlas10-qg1dx
@Atlas10-qg1dx 2 ай бұрын
Rick definitely rules
@MyTube4Utoo
@MyTube4Utoo 2 ай бұрын
When Rick Rule talks, I listen.
@HML-it7te
@HML-it7te 2 ай бұрын
HEY! That’s my own saying sport;) Have a bottler of a day !
@jimallen833
@jimallen833 2 ай бұрын
James and Rick always enjoy the lively conversation 🔥🔥🔥
@Can_exile
@Can_exile 2 ай бұрын
Great that Rick calls out the idiocracy of Canada and Turdeau et al
@MrBluegrassfiddler
@MrBluegrassfiddler 2 ай бұрын
Aside from stacking silver and gold and platinum, your best consumer investment is in canned goods and paper goods. Those are likely to increase 3x over the next five years. Everything at the grocery store has increased over 100% in the past three years. Stock up on long-term things. Canned goods are good for 10 to 20 YEARS so long as the tops don't warp. When you buy two cans of chili, buy ten. Same goes for all canned goods and paper goods, soaps, and other stuff.
@charlesdidonato5478
@charlesdidonato5478 2 ай бұрын
Love to listen to Rick!
@jvin248
@jvin248 2 ай бұрын
Rick, that explanation of Local Political Risk being the Greatest Risk is super insightful.
@seanmcbride7121
@seanmcbride7121 2 ай бұрын
Truth!
@terezadasilva2745
@terezadasilva2745 2 ай бұрын
Thank you ❤
@jimsabo2217
@jimsabo2217 2 ай бұрын
Paper is worthless. With bricks it’s going to be worth even less. Gold is going to skyrocket!!!
@drmodestoesq
@drmodestoesq Ай бұрын
Brics is a fantasy. These countries aren't going to start up some currency. But I 100 percent agree on gold and silver.
@Sandwichking-hikes
@Sandwichking-hikes 2 ай бұрын
Excellent analysis
@tgwtom
@tgwtom 2 ай бұрын
Tavi Costa blasts Barrick boss
@rene-rv6pp
@rene-rv6pp 2 ай бұрын
Generation i . For inflation.
@richardlamos1436
@richardlamos1436 2 ай бұрын
The upcoming commodities bull market is great As a retired geologist I shall do some amateur solo exploration where ? Well here where I stay South Africa , South West Africa Au, Cu PB Zn, diamonds, U, attapulgite clays, REE, exotic minerals and gemstones from pegmatites, CoTan yes, possibly phosphate REE combos, oh yes. Super rich small Nickel pipes ,(vertical intrusives) I think I know how to finally find them fun fun fun
@joerock1736
@joerock1736 2 ай бұрын
Sounds like a great adventure. 👍
@hendo19742
@hendo19742 2 ай бұрын
SAFFER 👍🇿🇦
@robb5642
@robb5642 2 ай бұрын
22:00 "narco trafficantes.." Rick's a funny guy 😂. An expert in PMs no question, but with a quality wit. And surely related to Dan Aykroyd, no?
@joerock1736
@joerock1736 2 ай бұрын
Silver is looking good to be 50$oz end of 2024. Gold 3000$oz end of year🚀👍
@richardlamos1436
@richardlamos1436 2 ай бұрын
There is a mothballed silver mine NW of Pretoria , and with future prices is certain to start mining ⛏️ again
@Digitaldna7
@Digitaldna7 2 ай бұрын
I bought at the top, so it would go down! You're welcome!
@元福徐
@元福徐 2 ай бұрын
白銀和黃金是上帝給的大禮物!!!
@sandienochs6132
@sandienochs6132 2 ай бұрын
One sure thing, if you buy gold today it will go down tomorrow.
@majorpayne8373
@majorpayne8373 2 ай бұрын
Buy for the long term. You'll be glad you did.
@persepolice2011
@persepolice2011 2 ай бұрын
My opinion in the year 2030 gold will reach 5000$ because china will declare war.
@GunmanYeoh
@GunmanYeoh 2 ай бұрын
Dont invest in gold if u get affected by the daily price. Did u even listened to the interview?
@Can_exile
@Can_exile 2 ай бұрын
Gold is insurance, buy it and hope you don't need it
@BastienPedersen
@BastienPedersen 2 ай бұрын
Thank you so much for this amazing video! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
@chuckmorse981
@chuckmorse981 Ай бұрын
You didn’t seriously give your pin access here, did you?
@JohnnysWorld777
@JohnnysWorld777 2 ай бұрын
Rick, I sent you my precious metals and oil and gas positions asking you to rank them for me per your offer and ...I never heard back from you.
@robertlehr4702
@robertlehr4702 2 ай бұрын
Rick Rule is AWESOME!!! James Connor ain’t no Adam Taggart!!!
@Puzzlehup_com
@Puzzlehup_com 2 ай бұрын
great sharing
@brianrichards7006
@brianrichards7006 2 ай бұрын
It's a widespread myth that gold protects one against inflation. It actually rises in price due to lack of confidence in government (which just happens to be the case over these past 20 years).
@jimfranklin3885
@jimfranklin3885 2 ай бұрын
I just wish Social Security benefits were high enough to cover my rent each month. LOL
@CalNaughtonjr33
@CalNaughtonjr33 2 ай бұрын
Just imagine how bad it’s gonna be for the next generation lol, that’s why I plan to save for my self rather than rely on other people to give me free money.
@stunn3r312
@stunn3r312 2 ай бұрын
Sorry to break the news, but Social Security was never meant to be your only income during retirement.
@majorpayne8373
@majorpayne8373 2 ай бұрын
Social Security went up 3% this year. 😫
@CalNaughtonjr33
@CalNaughtonjr33 2 ай бұрын
@@majorpayne8373 2.5 I think 😂 but if retirees are mad about the amounts now they shouldn’t be. My generation will get so much less after they inflate the dollar that 0% of people will be able to live off it.
@sociopiet
@sociopiet 2 ай бұрын
The US has one of the highest social security benefits in the world. Save and invest a bit of money each months from you 25th and you are well prepared for your retirement.
@Baldchap71
@Baldchap71 2 ай бұрын
Good to see Rick on Wealthion. Far too many adverts though.
@DV-lh2ov
@DV-lh2ov 2 ай бұрын
These guys in the comments don't understand. The scale at which gold makes sense for wealth preservation is when the buyer is an institution or at least a High Net Worth Individual. For a common individual, buying gold is for posterity, not to enjoy it while you last on earth, that's the only case I see. Selling gold is super tricky, annoying, unpleasant, expensive, makes no sense at all. The 'liquidity tax' alone will offset significant portion of the annualized gains in gold.
@bradspaugh9827
@bradspaugh9827 2 ай бұрын
Cant you get spot price pretty much anywhere?
@DV-lh2ov
@DV-lh2ov 2 ай бұрын
@@bradspaugh9827 lol
@hawedehre
@hawedehre 2 ай бұрын
Rick Rule 👍
@hawedehre
@hawedehre 2 ай бұрын
In the last video I laughed about selling Owl Bonds 😉😅 ToHu
@pauldichtel6410
@pauldichtel6410 2 ай бұрын
If gold goes $5000 or $9000, then platinum ought to go higher.
@markdelargie8414
@markdelargie8414 2 ай бұрын
be careful in 1980 they all said gold going $2000 but went as low as $250 in 90S after $800 high ,buy low sell high get it
@paulplesko1512
@paulplesko1512 2 ай бұрын
Back in 1980 fed raised interest rates to 20% wasn't for That gold would have went that high or more. This time They can't do that because our national debt.
@charlesyang7799
@charlesyang7799 2 ай бұрын
more pullback mext week !
@joerock1736
@joerock1736 2 ай бұрын
Maybe watch 10yr bond interest rates,that will really be the story as to what will happen.
@kenpeters9807
@kenpeters9807 2 ай бұрын
Stated inflation should be increased 2 to 3 Xs for the true number. Also, do a market basket test as they did several decades ago.
@theaverageguy3884
@theaverageguy3884 2 ай бұрын
Hi to you all. I see many shady things in the chatt all over youtube. Please not trust anyone here and do you'r own reading/understanding of the markets. My first and only tip to anyone is to learn and understand basic TA. If you understand this you will make you'r own buys based on you'r own experience. 1. Support and resistance 2. Trends 3. DCA in and out off all trades I know most of you own hard assets like gold and silver. But again its smart to learn to draw you'r own lines on the charts. This way you will see and understand so much more. My biggest mistake ever was buying crypto in 2017 without learning/knowing anything about the markets and how TA works.
@eversway7540
@eversway7540 Ай бұрын
You are absolutely on point with the CPI. I feel the same way about it. As a matter of fact it recent hurt me concerning my COLA raise.
@Losfhc
@Losfhc 2 ай бұрын
Problem is where to sell
@bv-zh6hy
@bv-zh6hy 2 ай бұрын
Asian traders. Jewellers and bullion shops.
@xokelis0015
@xokelis0015 2 ай бұрын
When you can buy the Dow for one or two ounces of gold.
@jaygunter3828
@jaygunter3828 2 ай бұрын
Where or when?
@Losfhc
@Losfhc 2 ай бұрын
@@jaygunter3828 Both, thanks for pointing this out, I meant to edit it
@sebastian6192
@sebastian6192 2 ай бұрын
Rick Rule gives the answer: depends if you see this as savings or as speculation
@pw3591
@pw3591 2 ай бұрын
If you took the adverts out of this 45 minute video, it would only be about 15 minutes long. 😡
@ShriKrisna108
@ShriKrisna108 Ай бұрын
Silver Predictions please?
@edwinbab3205
@edwinbab3205 Ай бұрын
Where can i find gold mine
@AngelEyes-xm7el
@AngelEyes-xm7el Ай бұрын
Exactly, my puchasing power as a senior is declining horribly. The saddest part so many elderly have lost their homes. Sadly there kids leave them on the street. They have no room. I had 9 people in a 3 bedroom house. Karma
@Apmgold1
@Apmgold1 2 ай бұрын
How about the Critical Raw Materials Act in Europe and Euro Sun Mining? Will it succeed despite the risk with 10Moz in the ground?
@ruckercarlson6229
@ruckercarlson6229 2 ай бұрын
Mexican president DID say open put mines would be banned. It was on her (her partys?) website before it was deleted reportedly.
@NarrelleChain
@NarrelleChain 2 ай бұрын
I think gold will be out of the reach of a lot of people because it is so expensive, i came in, 2020 but still better than staying in cash even so!😂
@JohnWalker-pc8qm
@JohnWalker-pc8qm 2 ай бұрын
When u see videoslike this u know a top in
@joybai827
@joybai827 2 ай бұрын
Wrong, videos like this in the mainstream is the top
@windhammer1237
@windhammer1237 Ай бұрын
I wonder how $10k/oz gold will affect the jewelry market.
@TakaluKevin
@TakaluKevin 2 ай бұрын
Ok, so that is the kind of talk that guarantees Gold is going to start going down. I've been a gold hoarder since 1990 and seen it happen EVERY TIME.
@GDBusiness-l6j
@GDBusiness-l6j 2 ай бұрын
Not likely, huge cup and handle playing out
@neerajnarang2217
@neerajnarang2217 2 ай бұрын
Yeah they are letting know everyone about little scheme of us guys
@neerajnarang2217
@neerajnarang2217 2 ай бұрын
How much did you horde though? I am keen to be inspired🎉
@TakaluKevin
@TakaluKevin 2 ай бұрын
@@neerajnarang2217.. It's never enough. Yep it's a mental sickness. If you are young and have enough time then here is what I did. In 1990s I was investing quarterly, about 5% of my salary but was not consistent. Then in 2000's invested more consistent but only 2% of salary. These were in physical metal. From 2010's to now, it's 2% but in ETFs (GLD, PHYS) and bulk purchase (Zero invested for 5 painful years starting 2012). Actually, I shouldn't complain.. viewed objectively, it's an OK amount for retirement.
@joybai827
@joybai827 2 ай бұрын
The whole comment section is full of scammers
@amoljande
@amoljande 2 ай бұрын
Even at this rate normal middle income person finds difficult to buy.
@jes1375
@jes1375 2 ай бұрын
Buy silver immediately at a low premium if you don't have any metal at all. Silver is probably going to have a bigger move anyway.
@garymcmillan6943
@garymcmillan6943 2 ай бұрын
Newmont took an unnecessary dump today.
@bonegrubber
@bonegrubber Ай бұрын
14:12 you can tell he's just AI generated when the dialogue starts skipping like this....
@drmodestoesq
@drmodestoesq Ай бұрын
*Hedonically not hedonistically. We're talking about inflation not some Roman 0rgy.
@Emrico35
@Emrico35 2 ай бұрын
All boomers love gold, lol
@UraniumFever-ud8il
@UraniumFever-ud8il 2 ай бұрын
What's the scouter say Rickgeta?
@blisshurom7527
@blisshurom7527 2 ай бұрын
@chrisoakfield9799
@chrisoakfield9799 2 ай бұрын
What is with all of these ebonics ads about "the gov" handing out money cards?
@KDubbahU
@KDubbahU Ай бұрын
The AI Algo’s obviously think that’s right up your alley. Don’t take it personally. Opt out of the ads-Problem solved.
@carlyndolphin
@carlyndolphin 2 ай бұрын
Gold is a volatile asset. 1975 to 2005 gold lost its value. Also don’t forget that gold dropped 35% between 2012 to 2015
@waiyee1995
@waiyee1995 Ай бұрын
The same goes with the stock market in 2001, 2008, 2020 etc etc
@carlyndolphin
@carlyndolphin Ай бұрын
@@waiyee1995 Yes but over the past 25 decades, stocks has massively outperformed gold 23 of those decades.
@waiyee1995
@waiyee1995 Ай бұрын
@@carlyndolphin that is because gold is not a free market it has been suppressed through paper shorts and they are finding it more and more difficult to suppress it
@waiyee1995
@waiyee1995 Ай бұрын
@@carlyndolphin btw gold is money and an insurance, not an asset that should be speculated on .
@carlyndolphin
@carlyndolphin Ай бұрын
@@waiyee1995 Gold is just a store of value. I actually sold all mine 4 weeks ago and reinvested it in the FTSE All world. I’m looking to build wealth over the next 20 years and then when I come to retire I will withdraw 3 to 4% from my portfolio.
@Joseph.mansion
@Joseph.mansion 2 ай бұрын
Platinum platinum platinum.
@Clade-x
@Clade-x 2 ай бұрын
What happened to Adam Taggart?
@dianay6691
@dianay6691 2 ай бұрын
He started his own channel called Thoughtful Money
@Clade-x
@Clade-x 2 ай бұрын
@@dianay6691 oh cool, do you know why?
@dianay6691
@dianay6691 2 ай бұрын
@@Clade-x can't recall, something along the lines of reaching a point where it longer met his needs
@MagruderSpoots
@MagruderSpoots 2 ай бұрын
The problem I have with buying gold is that I would have to convert my Canadian dollars to USD, and if there is a major economic crisis the USD could fall just as much as gold goes up.
@caveman9897
@caveman9897 2 ай бұрын
You can’t buy gold maple leafs with Canadian currency?
@martinlord8837
@martinlord8837 2 ай бұрын
Yeah I'm not following what you mean. Your local coin shop will sell you gold in CAD and if you're buying from a brokerage account, you can buy PHYS in CAD. Even if you could only buy and sell gold in USD, it if falls in price, you'll get a lot more USD when selling your gold and then you can exchange it to CAD at the current USD/CAD exchange rate so you haven't lost anything.
@chrisryan4292
@chrisryan4292 2 ай бұрын
@@martinlord8837some people just love their excuses. 🤷🏽‍♂️
@olenanewton364
@olenanewton364 2 ай бұрын
​@@martinlord8837 What he means is that there are two forces over gold price : gold price in US dollar and exchange rate. What he is saying is that the gold price going up in US dollars can be counteracted by the strengthening CAD relative to USD.
@TakaluKevin
@TakaluKevin 2 ай бұрын
Just buy physical and keep away from GLD ETF. However, when these experts start prediction such non-sense prices it's time to sell not buy.
@holypunk12
@holypunk12 Ай бұрын
If Gold become $9000, countries like India become very rich as citizens crazy abt gold and holding a lot ! So yea it wont be possible may be abt 3500 will be the top ! Even I feel that would an exaggeration !
@AmankayaBessent
@AmankayaBessent 2 ай бұрын
Thanks for sharing this! You made complex topics easy to understand, well done! There's more info in my bio for those interested in this topic. Waiting eagerly for your next analysis!
@Todd-w6u
@Todd-w6u 2 ай бұрын
Get to 3 k Then we’ll talk
@ColinMcCarter
@ColinMcCarter 2 ай бұрын
LOL.........................what do you get when you sell gold
@TB-LivingFree
@TB-LivingFree 2 ай бұрын
Great guest, Rick Rules! ThumbUp &LeaveAComment 4AIgosAll
@charlesyang7799
@charlesyang7799 2 ай бұрын
a pullback next week
@DaniRub-h2c
@DaniRub-h2c 2 ай бұрын
It must be a coinki dinky 😃 ..all the guys that, in some way, sell gold related stuff, issue crazy forecasts about gold 😆
@shingnosis
@shingnosis 2 ай бұрын
If you think like Rick you have a little bit of knowledge, I'll give you that. However, as am sure you know, there's nothing more dangerous than having a little bit of knowledge.
@SJBW196
@SJBW196 2 ай бұрын
$9000 dollars?....but the dollar will soon be worthless. So 9000 of them is also worthless???
@waiyee1995
@waiyee1995 Ай бұрын
Not gold , dollar for sure
@SJBW196
@SJBW196 Ай бұрын
@@waiyee1995 My point was, it doesn't matter how much Gold is worth if it is valued in dollars!!!!! So....say....$80,000 per ounce.....if the dollar is worthless then that valuation is meaningless!!. The number (if quoted in dollars) is meaningless, because the dollar will very soon be absolutely worthless.
@waiyee1995
@waiyee1995 Ай бұрын
@@SJBW196 well if you bought gold at 2000 and now it is 80000 it probably buys you 2000 or more of goods and services than if you had just saved 2000 in fiat
@SJBW196
@SJBW196 Ай бұрын
@@waiyee1995 The numbers are bigger....but the value is not more!! Maybe that is a better way of saying it. It is not the value of gold going up, it is the unit of currency going down in value, so the numbers must be bigger to cover the gold value. A bit like 1 trillion dollar note in Zimbabwe now!
@waiyee1995
@waiyee1995 Ай бұрын
@@SJBW196 exactly so if you saved in fiat you lost . If you bought gold at 2000 and now it is 9000 you preserved your purchasing power
@silver-en7kl
@silver-en7kl 2 ай бұрын
Gold to $9000? Not today. Lol.
@alexi2460
@alexi2460 2 ай бұрын
He's clueless about the need for precious metal and copper for data centers and industrial use. Plumbers should hold on to scrap this year
@chicadegalles
@chicadegalles 2 ай бұрын
Interesting is researching what resources will be required for electrification and alternatives for power cells by 2030
@Armour-of-God.
@Armour-of-God. 2 ай бұрын
Rick smoking some good stuff
@RakhRakhke
@RakhRakhke 2 ай бұрын
Wow keep dreaming 😂
@wittiza2102
@wittiza2102 2 ай бұрын
He does not dream about it, its because of nightmares about the price going that high he owns it.
@Emrico35
@Emrico35 2 ай бұрын
If Gold reaches 9000$, then Bitcoin will reach 500,000$. Gold supply doubles every 30-34 years!
@vitalygolubchik1535
@vitalygolubchik1535 2 ай бұрын
Nah, Bitcoin to $1,000,000,000 , lmao. Bitcoinheads are completely retarded
@sword7872
@sword7872 2 ай бұрын
There is no correlation between gold and bitcoin. When another algorithm is invented, bitcoin could become irrelevant because it has no intrinsic value.
@Emrico35
@Emrico35 2 ай бұрын
@@sword7872 bitcoin outperforming both gold and stocks. You can invent any algo you like, how you will persuade people to use it? It's like saying you will build your phone company and will outlast apple😂
@BB-km5nv
@BB-km5nv 2 ай бұрын
​I wouldn't exchange My gold with algorithm.... this type of money is bad image
@Emrico35
@Emrico35 2 ай бұрын
@@BB-km5nv good luck sending your gold over internet!
@Hawka-Loogy
@Hawka-Loogy Ай бұрын
Boring…
@glenn9576
@glenn9576 2 ай бұрын
Mate you’ve ruined this Channel, your comments show you have little knowledge.. goodbye!
@YourLifejacketFirst
@YourLifejacketFirst 2 ай бұрын
Elaborate?
@anthony........
@anthony........ Ай бұрын
Rick, you are 71, how much time do you think you have left? How much of unfunded liabilities do you own?
@mvman4122
@mvman4122 2 ай бұрын
Rick, wish you hadn’t opened your big mouth on the USA presidential election. I disagree completely with your statement on our two presidential candidates. “Interchangeable” . You’ve lost all credibility!
@顧仁願-q2w
@顧仁願-q2w Ай бұрын
”People's Republic of California" --- well said.
@georgebaber681
@georgebaber681 2 ай бұрын
Gold will hit $9000 when hell freezes over! Ridiculous Prediction!
#55 - Pierre Lassonde (Trump, Gold, AI & Inflation)
59:59
CEO.CA
Рет қаралды 59 М.
Правильный подход к детям
00:18
Beatrise
Рет қаралды 11 МЛН
99.9% IMPOSSIBLE
00:24
STORROR
Рет қаралды 31 МЛН
黑天使只对C罗有感觉#short #angel #clown
00:39
Super Beauty team
Рет қаралды 36 МЛН
The evil clown plays a prank on the angel
00:39
超人夫妇
Рет қаралды 53 МЛН
Marc Faber is buying Gold's dip
30:52
Mining Network
Рет қаралды 70 М.
Gold: The Ultimate Hedge Against Soaring U.S. Debt | Rick Rule
45:46
Правильный подход к детям
00:18
Beatrise
Рет қаралды 11 МЛН