Legendary investor Rick Rule (https://www.ruleinvestmentmedia.com/) explains why political pressure for lower interest rates favors spenders over savers and continues to erode the purchasing power of the US dollar. He lays out the unsustainable math of US federal liabilities, now exceeding $150 trillion when on and off balance sheet obligations are combined. Because of this structural imbalance, Rule remains bullish on gold and believes its nominal price will ultimately reflect the dollar’s ongoing deterioration, even if sharp corrections occur along the way. He warns that gold bull markets always include brutal pullbacks that shake out investors who are not psychologically prepared. Rule also discusses why mining stocks tend to magnify both gains and losses and emphasizes the importance of aligning gold investments with risk tolerance and time horizon.
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INTERVIEW TIMELINE:
0:00 Intro
1:17 Gold and silver update
11:09 Miners outlook
13:30 What would make Rick Rule a gold bear
18:50 Bootcamp
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