When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance.
@@justinbourgeois4685 Everything is running because of the massive QE liquidity dump, all that inflation has to go somewhere. It’s high and going higher.
You know you're getting old-school wisdoms when the guest talks about "your listeners". I guess in Rick's mind's eye we're all still clustered around a wurlitzer-sized transistor radio, wearing our pj's and, clasping a hot cocao.
Talking rubbish about Uranium. Only reason the Uranium stocks are up is because the FED are buying *everything* & pushing the markets higher across the board. But it won't end well. So far the 'inflation' has been in stock prices - but as soon as QE stops or 'tapers' it will lead to a collapse of all the stocks which have no real underlying business model in the new paradigm & that could lead to real world hyper-inflation (or a massive overnight de-valuation of currency). Nuclear power is already more expensive than wind/solar/batteries (WSB)... and with all that 'waste' never costed into the business model, the taxpayers will have to pick up the Bill for disposing of that. The way to dispose of nuclear waste is with 'breeder' reactors which use MOX for fuel. All the 'waste' could power reactors for a couple of hundred years - uranium will not be needed (in fact hasn't been needed for over a decade - which is why stockpiles have been run down). But I'm sure these guys know that & are just playing the markets.
So many specialists and sometimes it seems each one has its own opinion when reading the economy. ultimately no one seems to be right, specially on the precious metals market.
Ask Google to define a Trillion for you. Then ask yourself how long it takes to payoff 30 Trillion. Then you will realize that the U.S. is the new Roman Empire.
The UK is a complete basket case now but I can see the US is way worse! Having a person with 3 chins who chopped their genitals off in charge of the nations health? Neither weimar or zimbabwe were that ridiculous
Metals are an investment over the longer term. Now is a good time to buy. Stocks and crypto snd housing are all in a speculative bubble which are ready to crash. Dow, s&p, and Nasdaq all could drop 50%. Housing down by 30%, and crypto by 99%.
if that’s true then their bubble will pop and how will that make now a good “buy” for metals?? it means cash now and just wait but accumulate cash because if bubble pops why would metals go up? if metals won’t go up why would now be a good time to trade dollars for them?
I think we learned in March 2020 and I don’t even need to look at 2008: crash gonna bring everything but the dollar and US Treasuries with it. No one wants to hear it
people thinking gold will be the reserve of the future just don’t understand how precious liquidity is to the functioning of a healthy financial environment. they “solve” that liquidity problem w fiat but clearly that’s just a fool’s game.
these guest are talking about gold going to the roof irregardless whether gold is at $1200 or $2080. always painting the same picture again and again and selling to the same customers again and again.
Ron Paul has been warning the dollar is gonna collapse for the last 50 years. In truth it has, just in super slow motion so it's almost unnoticeable in real time. People should keep their expectations in check because these are trends that have to be measured in decades, what happens on a day to day basis is just white noise.
@@Pledditor spot on. 👍 tho my thoughts are that things will accelerate toward that CAN!! Hopefully!!! Because I’m over this false economy. Sorry.... had to vent.
Is this something you are eagerly anticipating ?? Whenever I read an unrealistic gold prediction related to an uninhabitable area I feel the person is willing to make the trade. Just curious.
@@basicboomer519 That is a fair point. Another point is 5k gold predictions have been flowing since 2000. Here we are 11 yrs later at 1750 If the trade off is chaos i’ll pass on the 5k gold. It’s not worth it.
@@tonyfrattaroli7371 save in investments(including gold and silver miners at optimal times) to purchase rental properties. Sustainable income replacement with the FIRE community is where it’s at IMO.
Thank you for another great show!!! I am a longtime fan of Rick, and have held UEC for almost a year now. Recently new to seeing Amir talk, but I am already a fan of him as well.
Geez, I had to actually download this interview. Historical answers and fantastic questions. David is truly in his element with Kitco and I hope he stays as he is for a very long time, I really appreciate the thought and class he brings into each of these discussions.
Billionaire Tim Draper - $250k Bitcoin, 2022 year end Stock to flow model by Plan B - $288k Bitcoin, 2021 year end Citibank - $318k Bitcoin, 2021 year end Scott Minerd from Guggenheim - $400k Bitcoin JP Morgan - $600k Bitcoin.
@@TheShays Rick would be doing himself a favor to distance himself from Amir. GLDG May end up getting sued. I’ve already seen several mentions of it in various forums.
Great interview. My takeaway is that everything Peter Schiff has said about an "inflationary depression" is coming together and that the jumps in non-PM commodities indicate that run-ups in all PM's are an inevitability as certain as the well-contained nuclear reactions in the most secure reactors around today.
Irrelevant as always. You now need mark of the beast (vaccine) to go to college in most states. Soon mark of beast to shop for food--that's the fight, not money.
Canadians will not be able to fund the Police therefore, chaos will rule on the streets - Canadians are not well armed either. Hugh crime problems are coming to the Nth power, once the financial system bows out.
well, combine kitco, rick rule and any avg pundit .....do you really need to waste your time hoping to hear new or different than any interveiw they've done in the last decade ? all bs
I heard about a study that states, that from the approx. time of the Egyptian Pharaohs, that of all the gold extracted from the Earth, only 10 % has been discovered.
I sent the list to Rick Rule already three times but never got an answer. Does he maybe not answer to foreigners? Thank you for an answer to this question..
@@sheldonsnow803 I’m not saying the guy doesn’t know the space, but if you call gold/commodities to boom for 40 years in a row, you’ll eventually be right 😂
@@GrantW132 - 🤣 Commodities did boom. It is just not the ones they were talking about. Gold has an anchor around its neck. I suspect it is manipulated and people do not win rigged games. Meanwhile copper would have got people 6x money just playing the miners.
@@TexasGolfer I’m not saying they didn’t boom. And you’re absolutely correct about copper, it’s done very well. I’m saying that Rick (and a lot of other experts) make calls for decades and then tell everyone that they called it... There’s a statue of limitations on theses calls 😂
David, great interview!!!! Thanks! Would you please bring back on Amir and have him talk about the spin off from Gold Mining! and now has Gold Royalty as a subsidiary!? That would be welcome by us who are invested in the company!. And the one thing that I did not hear you ask, nor Amir speak of was Uranium Royalty Corp.??? Amir is a powerhouse within himself!!!! and has the backing of the best of the best!
Were you a buyer? I would suspect you are right, if the price is below production, that indicated we have so much you can't give it away.. But, that will change eventually. when? tomorrow....30 years..
With the advent of cryptos I don't think the demand for gold and silver as investments will ever be the same. To be clear, I don't put any value in bitcoin whatsoever, but I can see where Ada and possibly ethereum can have some utility in the defi market. I also think uranium is worthless as a power generation technology, with the exception of the US Navy. Solar and wind paired with batteries are or soon will be cheap enough to take over the market.
I subscribe not only because of guests KitcoNews who experienced in their field, but also for David Lin who is rare case of journalist who does not interrupt his guests.
Gold will for all time be only worth 10 percent above production cost.anything more is a bubble.why did gold drop ? Because a very sml amount of low grade ore laying around was processed.same with silver to say it’s from printing money or this or that is fantasy.there will always be demand for any metals and as costs or inflation rise so will the cost of product it’s a no brainer .yes gold and silver are a good investment when there cheap so buying now is a fools game.silver will crash shortly and gold will continue to fall .60 to 1 ratio will be the norm for a long time and that’s all u should be looking at .
So if inventories are full then of course their going to stop mining it’s not because their stupid. Nobody has demand for it and if the guys that have demand are stockpiled up then ur moving on to the next dig
David Lin is fast growing to be the best resource journalist in any media format!
He sure is. His interviews are very informative & asks great questions.
Not a poker player
Unless he interviews Jeffrey Christian
Totally agree. He is excellent. Love the way he interviews.
The best resource for dealers to advertise
I really like your channel. It's so easy to listen to. Very consumable Information. Thank you
jfyi -Kitco is one of the biggest metals dealers in the world. peace
David Lin is too talented to stay at a place like Kitco, that’s for sure.
This is how financial journalism is done! Great guests. Rick Rule is the man!
Why is Rick always CGI look at his neck ..can somebody explain ?
In fact, no Rick is not. It's ROBERT QUARTERMAIN!
I’m really lucky to stumble upon your channel. Always great listening to you and your guest
Kitko always brings excellent guests on and David keeps the interviews clear and easy to follow.
Always quality interviews! Good questions, and real experts!
agree, David is great and the guests are good
😂
Conclusion: the prices of uranium and gold will definitely go up unless they go down
Haha
Facts
You forgot sideways.
RICK RULE IS THE GREATEST LEGEND OF ALL TIME
Not joe biden or hillary cliton ? Amerikan heroes? :))
????????????????????????????????????????????????????????????????????
When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance.
Well said 📌.
Successful investing starts with courage.
@@steveandersonthomas7441 Exactly “The four most dangerous words in investing are: This time it's different.
Crypto investment is filled with individual who know the price of everything,but the value of nothing.
@@emilyamber6266 That wont be a bother if you trade with Stephen Duncan.
Uranium: the contrarian’s choice
My tickers have all gone on a run, do you think now us a good time to buy
@@justinbourgeois4685 Everything is running because of the massive QE liquidity dump, all that inflation has to go somewhere. It’s high and going higher.
Just be ready to pull out when you see the signs that a collapse is starting.
DNN and CCJ went so high in one day, I had to sell. Waiting for a pullback.
The fool's choice
Ah, Rick Rule...always teasing the gold bugs. ;)
He was diplomatic tonight, not expressing his opinion the uranium sector is oversold at the moment.
You know you're getting old-school wisdoms when the guest talks about "your listeners". I guess in Rick's mind's eye we're all still clustered around a wurlitzer-sized transistor radio, wearing our pj's and, clasping a hot cocao.
Two men I highly respect in the commodity sector, thanks for the combo Kitco!
Talking rubbish about Uranium.
Only reason the Uranium stocks are up is because the FED are buying *everything* & pushing the markets higher across the board. But it won't end well. So far the 'inflation' has been in stock prices - but as soon as QE stops or 'tapers' it will lead to a collapse of all the stocks which have no real underlying business model in the new paradigm & that could lead to real world hyper-inflation (or a massive overnight de-valuation of currency).
Nuclear power is already more expensive than wind/solar/batteries (WSB)... and with all that 'waste' never costed into the business model, the taxpayers will have to pick up the Bill for disposing of that.
The way to dispose of nuclear waste is with 'breeder' reactors which use MOX for fuel. All the 'waste' could power reactors for a couple of hundred years - uranium will not be needed (in fact hasn't been needed for over a decade - which is why stockpiles have been run down).
But I'm sure these guys know that & are just playing the markets.
It's great to watch a financial news show where the reporter doesn't feel the need to act like they know more than the guest, like major media outlets
So many specialists and sometimes it seems each one has its own opinion when reading the economy. ultimately no one seems to be right, specially on the precious metals market.
People will be kicking themselves in regrets in few weeks if they miss this opportunity of buying and investing in bitcoin (cryptocurrency)
Ask Google to define a Trillion for you. Then ask yourself how long it takes to payoff 30 Trillion. Then you will realize that the U.S. is the new Roman Empire.
More like Weimar tbh. Way more degeneracy.
Why would I ask Google...I dont want to be lied to when it can be avoided!
The UK is a complete basket case now but I can see the US is way worse!
Having a person with 3 chins who chopped their genitals off in charge of the nations health? Neither weimar or zimbabwe were that ridiculous
Metals are an investment over the longer term. Now is a good time to buy. Stocks and crypto snd housing are all in a speculative bubble which are ready to crash. Dow, s&p, and Nasdaq all could drop 50%. Housing down by 30%, and crypto by 99%.
if that’s true then their bubble will pop and how will that make now a good “buy” for metals?? it means cash now and just wait but accumulate cash because if bubble pops why would metals go up? if metals won’t go up why would now be a good time to trade dollars for them?
I think we learned in March 2020 and I don’t even need to look at 2008: crash gonna bring everything but the dollar and US Treasuries with it. No one wants to hear it
@@Tarntydon22 see my replies to you
people thinking gold will be the reserve of the future just don’t understand how precious liquidity is to the functioning of a healthy financial environment. they “solve” that liquidity problem w fiat but clearly that’s just a fool’s game.
Really educational, you won't get this from the so called financial experts on your cable TV channels! Many thanks to this channel!! 😎
these guest are talking about gold going to the roof irregardless whether gold is at $1200 or $2080. always painting the same picture again and again and selling to the same customers again and again.
Ron Paul has been warning the dollar is gonna collapse for the last 50 years. In truth it has, just in super slow motion so it's almost unnoticeable in real time. People should keep their expectations in check because these are trends that have to be measured in decades, what happens on a day to day basis is just white noise.
Agreed. But, hmmmmmmmmm, last year and going forward, US has increased its debt how much ? How many trillions. Just saying.
@@Pledditor spot on. 👍 tho my thoughts are that things will accelerate toward that CAN!!
Hopefully!!! Because I’m over this false economy.
Sorry.... had to vent.
The last 90% of movement happens in the final 10% of time
Agree to all reply.
I found this channel a month ago and its become my morning routine to watch. Truly great and informative content, I am learning a lot
Dnn* Uec* UUUU* urg*
Going to the moon 🚀
We have the real fuel of the future ⛽
These guys are full of shit I am buying bitcoin
Depending on one stream of income had never made any millionaire and earning check don't put you on forbes
I totally agree with that
@@worldclasscreativity6610 I tried investing once but withdrew due to the fluctuations in price
@@judithgarza7956 so in other words you didn't try investing.
Love your work Kitko, David is a legend with great guests
One of the best channels and shows on TH-cam, and the world for that matter.
When Gold finally pops to 4k or 5k..its because there's complete Kaos in the streets. WE WILL LOOK LIKE VENEZUELA!
Is this something you are eagerly anticipating ?? Whenever I read an unrealistic gold prediction related to an uninhabitable area I feel the person is willing to make the trade. Just curious.
People would have said the same about $2000 gold in the year 2000.
@@basicboomer519 That is a fair point.
Another point is 5k gold predictions have been flowing since 2000. Here we are 11 yrs later at 1750
If the trade off is chaos i’ll pass on the 5k gold. It’s not worth it.
@@tonyfrattaroli7371 save in investments(including gold and silver miners at optimal times) to purchase rental properties. Sustainable income replacement with the FIRE community is where it’s at IMO.
@@tonyfrattaroli7371 and don’t over complicate it. I am going to buy a house once I have funding and a good property at a price I can agree to.
Look forward for the ''REAL'' Rick Rule to step up in future videos :Q_
Thanks for the amazing interviews Kitco
Damn, I love listening to Rick the Ruler
Thank you for another great show!!! I am a longtime fan of Rick, and have held UEC for almost a year now. Recently new to seeing Amir talk, but I am already a fan of him as well.
Sounds good but why are there sellers in the spot market at $30 a pound? Is there endless inventory?
I greatly value anything Rick Rule has to say! And so should all of you.
A lot more informative than listening to Jeff Christian...great channel
I don't like him but he correctly forecast in 2013 that gold would make new highs near 2020. That guy knows the market. For good or ill.
Geez, I had to actually download this interview. Historical answers and fantastic questions. David is truly in his element with Kitco and I hope he stays as he is for a very long time, I really appreciate the thought and class he brings into each of these discussions.
Wow a video on this channel that predicts gold will go up. Who would have thougt?
Not sure if you guys already are members but check out wallstreetsilver on reddit :)
Billionaire Tim Draper - $250k Bitcoin, 2022 year end
Stock to flow model by Plan B - $288k Bitcoin, 2021 year end
Citibank - $318k Bitcoin, 2021 year end
Scott Minerd from Guggenheim - $400k Bitcoin
JP Morgan - $600k Bitcoin.
Rick rule is the only guy to listen to.
After the BS Amir has been feeding the public about his new royalty company over the past year, why would anyone believe a word he says?
Because of Rick Rule.
@@TheShays Rick would be doing himself a favor to distance himself from Amir. GLDG May end up getting sued. I’ve already seen several mentions of it in various forums.
UEC logo looks oddly similar to the UFC logo lol
Great interview. My takeaway is that everything Peter Schiff has said about an "inflationary depression" is coming together and that the jumps in non-PM commodities indicate that run-ups in all PM's are an inevitability as certain as the well-contained nuclear reactions in the most secure reactors around today.
Completely unconcerned with sentiment
“Everyone I know believes gold will quadruple.” ~Gold Fanboy
I'm loading up like it's the end of the world 🤠
Not so sure about Gold 🥇. 4 x in this current world with soo many other choices for a hedge? I'm just learning this stuff.
Lol how about the bitcoin pumpers?
@Nobody Knows it's the greatest buy in history.
Gold goes down... I smile at the opportunity 😉
Where's sleepy joe 😴
Living in your head rent free.
Buy btc. Gold is outdated
Pathetic
... I think I will start stacking physical Uranium... ☢🤢☢
... I think I will start stacking physical Uranium... ☢🤢☢
... I think I will start stacking physical Uranium... ☢🤢☢
Irrelevant as always. You now need mark of the beast (vaccine) to go to college in most states. Soon mark of beast to shop for food--that's the fight, not money.
Thanks Rick, David & Amir - from 🇦🇺
Gold is already not climbing as it should have been. We now have Crypto
Good luck with crypto
It's Time to Gold and Miners
Canadians will not be able to fund the Police therefore, chaos will rule on the streets - Canadians are not well armed either. Hugh crime problems are coming to the Nth power, once the financial system bows out.
well, combine kitco, rick rule and any avg pundit .....do you really need to waste your time hoping to hear new or different than any interveiw they've done in the last decade ? all bs
David Lin and Kitco run a quality platform. He gets my time
À L'ARRESTATION de patrons de crédit agricole du Maroc quoi concerne la liquidation de notre compte bancaire
I heard about a study that states, that from the approx. time of the Egyptian Pharaohs, that of all the gold extracted from the Earth, only 10 % has been discovered.
Well Rick has been wrong for years but I own gold so I listen
Another great video, thanks 👍 UUUU Energy fuels is a US based uranium producer, very good company very good stock 👍
pure Iranian's accent
Rick Rule in a month.... UNRESTRICTED!!!! 😁😁😁
Investors should follow Rick's rules so we don't get rick-rolled.
Man, such a great interview with two great strategists. David, Sir, you are doing an awesome job.
One year on and tbe projects never came through :(
Great interview David excellent to get insights from the guests on the uranium sector.
No holding back from Rick here on out! Can't wait!
Exceptional good channel. Great the way you let them talk, no bias...... love it for some time
Excellent interview and report. Thank you.
My goldminjng shares are 40% down Amir
Back the truck up.
Yes - I much prefer to buy after prices have doubled...
When I see Rick Rule talking about Uranium, I swear it feels like watching Energy porn!!
R N ha ha! Ok. I appreciate the education that Rick provides. I always like listening to his advice.
Bond markets KAPUT
Bitcoin is sucking the life out of gold
All these metals are finite resources. They are the residue of something that lived on Earth long ago before going extinct.
Metals are formerly living organisms? hmm...
Demand for gold will quadruple why? - because every month it keeps getting cheaper! 🤣
ouch
Thanks God, so that the poor still can get some! God has mercy!
@@tyh3120 God doesnt care about how much gold you have lol
@@mcr5577 How do you know that God isn't a fan of bling where he's at? Sheesh, man. Assumptions.
True, I am so sick and tired of hearing about this mythical bull market on gold.
I sent the list to Rick Rule already three times but never got an answer. Does he maybe not answer to foreigners? Thank you for an answer to this question..
I am a foreigner, living outside the USA
I waited 3 months
But it was worth the wait
@@Timothy_Pitt Thank you!
A broken watch is right twice a day...
AH.....Rick rule has been right many more times than twice. He is a legend in the commodities space.
@@sheldonsnow803 I’m not saying the guy doesn’t know the space, but if you call gold/commodities to boom for 40 years in a row, you’ll eventually be right 😂
@@GrantW132 - 🤣 Commodities did boom. It is just not the ones they were talking about. Gold has an anchor around its neck. I suspect it is manipulated and people do not win rigged games. Meanwhile copper would have got people 6x money just playing the miners.
@@TexasGolfer I’m not saying they didn’t boom. And you’re absolutely correct about copper, it’s done very well. I’m saying that Rick (and a lot of other experts) make calls for decades and then tell everyone that they called it...
There’s a statue of limitations on theses calls 😂
Those two times must have been good because rick is worth 20 plus billion
David, great interview!!!! Thanks!
Would you please bring back on Amir and have him talk about the spin off from Gold Mining! and now has Gold Royalty as a subsidiary!? That would be welcome by us who are invested in the company!.
And the one thing that I did not hear you ask, nor Amir speak of was Uranium Royalty Corp.???
Amir is a powerhouse within himself!!!! and has the backing of the best of the best!
Gold will go down to $1500
This Rick guy rules
David as always quality!
Great upside Amir!
How do you feel about the prospects for Palladium and Platinum..?
Rising Emissions standards will force Auto makers to use more PGM for catalytic converters, check out Clean Air Metals Inc stock
@@martinz6445 but wouldn’t more EV’s mean demand will go down then?
@@johnl.7754 fossil fuel power plants still use pgm’s for emissions. Do you want to cover the whole earth with windmills and solar?
@@huemann7637 I own oil, gas, gold (no solar, ev...) ,....investments so asking to know pros and cons of investment not for anything else.
Demand ''Would'' 3X or 4X ... He diden't say ''will''.
Maybe that is the wrong question at this time. Rick has said in the past ... " it's not a matter of if, it's a matter of when."
Nothing new.
As a retired nuclear engineer, I can tell you that the world is awash in uranium.
Were you a buyer?
I would suspect you are right, if the price is below production, that indicated we have so much you can't give it away..
But, that will change eventually. when?
tomorrow....30 years..
Looks like they're trying to detract from silver wonder why
With the advent of cryptos I don't think the demand for gold and silver as investments will ever be the same. To be clear, I don't put any value in bitcoin whatsoever, but I can see where Ada and possibly ethereum can have some utility in the defi market.
I also think uranium is worthless as a power generation technology, with the exception of the US Navy. Solar and wind paired with batteries are or soon will be cheap enough to take over the market.
This is all BS. They all have vested interest in BZX company they are propping up.
I subscribe not only because of guests KitcoNews who experienced in their field, but also for David Lin who is rare case of journalist who does not interrupt his guests.
Even If capital gains taxes increase 2% the demand for the tax slippery gold for increase dramatically.
Gold will for all time be only worth 10 percent above production cost.anything more is a bubble.why did gold drop ? Because a very sml amount of low grade ore laying around was processed.same with silver to say it’s from printing money or this or that is fantasy.there will always be demand for any metals and as costs or inflation rise so will the cost of product it’s a no brainer .yes gold and silver are a good investment when there cheap so buying now is a fools game.silver will crash shortly and gold will continue to fall .60 to 1 ratio will be the norm for a long time and that’s all u should be looking at .
Yes Rick Rule is the man... I took probably 5 tips from Rick off of multiple pod casts and made money off of every one...
Both Rick and Amir , great work together , an insight investors should listen
So if inventories are full then of course their going to stop mining it’s not because their stupid. Nobody has demand for it and if the guys that have demand are stockpiled up then ur moving on to the next dig
...I'm not even through half of this interview, and I must say, this is intelligent journalism. Great work on this channel.
This interview/discussion was 1st class all the way! Nice job David and very good having such a knowledgeable guest lineup.
I bought more than 100 shares from Uranium Crop. I am sure it will be a good investment.
These 2 guests were well contrasted and complementary. Good job!!!
Excellent. Looking forward to hearing more from Rick Rule.
The intro music is a lot better on 150% speed. Once you hear it you don't want to go back.
Free market price discovery has let the building...