

Rick Rule: "We're In A Real Sweet Spot" For Investors
10 snips Jun 23, 2024
Financial expert Rick Rule discusses the impact of inflation on fiat currencies and the attractiveness of hard assets as a hedge. Topics include investing in commodities, precious metals, fossil fuels, industrial metals, and farmland. Insights on the market share of precious metals, investing in gold, energy trends, China-Taiwan relations, and the launch of Battle Bank.
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Hard Asset Trends
- Precious metals perform well when fear about fiat currency's purchasing power grows.
- Industrial materials are essential for maintaining living standards, and demand is increasing.
Precious Metals Market Share
- Precious metals and related assets make up under 0.5% of US savings, down from a 2% average.
- If this reverts to mean, demand could increase fourfold.
Gold Investment Strategy
- Don't try to trade gold; own it as insurance against portfolio degradation.
- Consider gold stocks if you can tolerate additional risk.