Rick Rule - Gold and Silver Are Going Much Higher
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- เผยแพร่เมื่อ 25 ส.ค. 2024
- Rick Rule Resource Conference Boca Raton FL July 7-11 Register bit.ly/47YJO8m
Rick Rule discusses how gold is the solution to government mismanagement and where the gold price is going.
WAIVER & DISCLAIMER
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Please help me feed my family by Subscribing! This inflation is killing me!!!
Not the best look on having like someone rick back
Also unsubscribing and down voting
@@ryandixon1102 Sorry to hear that Rick. What is the issue with Rick?
@@ryandixon1102 ????
James, sorry to hear that. Keep Hold of your physical gold. Hold silver, AND buy the only asset that has beat inflation: Bitcoin. And invite Larry Lepard on to discuss gold investing and why we as gold savers need to include BTC into the portfolio mix.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
‘’Marisa Breton Dollard’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
same ole rick different day. been listening since 2014
No exaggeration. plausible arguments, interesting numbers - Valuable!
It's Jimmy Connor, thanks for the comment Robert and for taking the time to view our content!
In India the average percentage of PM ( mostly silver) is said to be 18% of net worth. That is smart and think if that were the case in America instead of.05% . It would be unobtainium at current prices.
It's Jimmy Connor, thanks for the comment Steven and for taking the time to view our content! Great comment about India I didn't realize it was that high. I wonder what the percentage is in China?
RR at his best. Thanks, Jimmy!
Thanks for the comment and for taking the time to view our content!
Gold's use as a store of value gained popularity in the 1970s when inflation ran rampant. Since the 1970s, gold hasn't kept pace with inflation. Although Bitcoin and gold have similarities, Bitcoin's decentralization, security, and true finite supply make it the superior asset.
It's Jimmy Connor, thanks for the comment Tim! I am not a believer in btc but I cant deny the massive outperformance.
Always a pleasure to listen to Rick 👍
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Rick is great!
If btc can be 61k then gold should be 100k. Amazing human value perspectives.
Gotta thank BTC for sucking up excess money supply
I held BITCOIN years ago and obviously sold to soon....but l got to the point where l was holding an assist that had no added value only speculation kept it afloat....now l see massive amounts being traded between accounts....the big boys are doing a classic pump...soon l see a dump...but the small investors are out or soon to be out of the game....no suckers no support
Btc has a valde where You can travel with a code in your head gold migh be forbidden to travel with even forbidden to own in the west. It might be so bad in the 30s that cryptos is unusable because the internet is dwn for many years when the economy is dropped a few hundred years with extreme famine and 90% unemployment. We could be in an extreme depression for 50 years.
You need to study BTC more.
@@user-tp6xk3uu5yyou don’t understand the BTC you once owned.
Anyone see that if silver goes to $35.00 or higher the dividend for hecla goes to a whopping 8%. If silver goes to $45.00 then the dividend goes to 15%?
Rick, your the best. You have such a sharp mind, connecting the dots
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
Always entertaining and educational
It's Jimmy Connor, thanks for the comment Peter and for taking the time to view our content!
You opening Battle Bank under J Inslee in Washgt. State🤔huh
I have to ask self: what would Scott Minerd say? 💫
People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
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..
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
Carol Vivian Constable is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
I would rather own BITCOIN. Thank you
It's Jimmy Connor, thanks for the comment Tim! Even though I am a big proponent of physical gold I cant ignore the massive outperformance of bitcoin. I wish I bought it. Do you think it's too late to get involved?
No, it's not too late. Try to get at least 0.2 bitcoin.
slick rick and jimmy the catz
Boom!
Silver at $7000. Thats just an indication of the diminishing value of the USD.
It's Jimmy Connor, thanks for the comment but to clarify, Rick said gold at $7000 not silver. And you re correct, a total loss of purchasing power.
Oh my god, it's Gold and Silver, not Bitcoin or Ai.🤓
silver moves in horizontal boundaries, gold moves up within an upwards channel. And the obvious "there is a conspiracy behind all of that". However no country with dollar as main currency will ever suffer and the others are doing the same debt collection thing. And no complaing about the US, Japan's debt to GDP is 220% , maybe US will get there too but both are AAA rated. So who cares?
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yep nothing better then gold! I didn't realize Japan's debt/gdp is that high! No wonder that country has been in a death spiral for 40 years.
The silver mines will all be nationalized.
It's Jimmy Connor, thanks for the comment Kathryn and for taking the time to view our content! Agreed Mexico used to be a great mining jurisdiction but not anymore.
Which one first?
Which one most likely?
Which is to say
...The big thinkers..
@@StoicBarbarian I love that line!
"(They)" would take the video down if he called them communist jue criminal traitors.
Hecla has gone up 30% since July 1st
It's Jimmy Connor, thanks for the comment Rich and for taking the time to view our content! I was not aware of Hecla's move so thanks for pointing it out. I stay away from silver companies...just too many issues. That's why most end up becoming gold companies.
Rick blows your mind with his eloquent and succint commentary
Agreed, wish I had his communication skills!
@@BloorStreetCapital would love to see you interview Dave Collum
@@zeeshanijaz2870 Thanks for the suggestion I will definitely check him out!
there's an extra c in succinct.
i have gold and bitcoin
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! You got it all covered!
Wow. That's a great way to avoid inflation.
But silver wins in the end think about it. What is silver used for
@@jackson5781 yeah i lied i have more silver than gold tbh lol!
The only possible way for this government debt to by paid off is by way of raising the price of the gold reserves to a point they can be used to pay for this debt. THAT IS THE ONLY WAY! PERIOD!!! That is the only way to reset the system. The benefits of this would not hurt ANYONE. This price would happen virtually overnight once governments understand that this is the best and only solution. What would this price have to be? More than bitcoin, at the very least.
It's Jimmy Connor, thanks for the comment Mike and for taking the time to view our content! The situation with government is a dire one.
They could print us out of debt.....then cover all obligations with toilet paper.... won't be the first time
Another way is to enforce cbdc. People will be forced to spend their money otherwise the cbdc will expire. This would be a way to control inflation and create never ending debt
Bill Clinton gave George W Bush a surplus and we have been in deep debt ever since
They can mint a 20 trillion dollar gold coin.
Rick doesn’t have a 7k gold price target , misleading click bait
It's Jimmy Connor, thanks for the comment Jesse! With regard to his target price, yes he does.
@@BloorStreetCapital I’ve heard him say 100 times . He owns gold because he’s afraid it could go to 7k, it’s insurance , he never said it will
Debt go faster and faster 1 trillion debt more every 100 days
Gold silver go faster and faster
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I agree both have a long way to go.
CRYPTO..must be bough b all investment and hedge fund firms!! (3-5% allocation) ...dont love it...must own 3%...balance the portfolio!!
It's Jimmy Connor, thanks for the comment Steven and for taking the time to view our content! A balance between gold and bitcoin is prudent.
Tell me guys why should i listen all this if i even have no money for food snd shelter?
No money for FOOD and SHELTER but you have a phone and internet and time to watch videos?????
@@rahulparikh6183 yes because i can pay only partially for room where owner has an internet. Living with the feeling that tomorrow you will be on the street is the same as not having shelter at all. And I watched these videos before because i have knowledge in this. Unfortunately the job in the place where I am now is not possible. And for your advice , don't make comments if you don't know the whole picture and truth about me. I see you already as an aggressive and arrogant male , exactly like one who took away all my life savings of 380 000 eur , harmed his own child and live like fat fish without any morality left
Lol, gold 7k in the year 2300.
A bread loaf will then be 200
Complete bs
How can anyone listen to Rick Rule and take him seriously anymore?
It's Jimmy Connor, thanks for the comment/opinion. We try to bring on various experts in their respective fields and we believe Rick is one of them. Who else would you like to see on our channel?
@@beri232 why is Rick Rule a joke? I have no opinion on this
Rick Rule..............SUPER Genius..................{He thinks}............just seldom Ever right...........
So true!
Boring...!! Lots of words.
It's Jimmy Connor, thanks for the comment Brad! Who else would you like to see on our channel?
No other countries are going to invade another country ala Ukraine. So I see no worries of having their treasury of gold being confiscated by the USA. Please have a value to your argument
Way toooo many adddddssss!!! Makes watching unappealing
It's Jimmy Connor, thanks for the comment and noted.
Articulate Rick, as always.
It's Jimmy Connor, thanks for the comment Martin and for taking the time to view our content!
Host just had to come back in again to talk about Bitcoin even though Rick said it wasn't something he had any expertise in. The host couldn't keep his mouth shut on Bitvoin and had to his little brilliance monolog on how "Number Go Up" and has out done Gold. Shutup Already. This host sucks. I thought Wealthion had dumped him already.
It's Jimmy Connor, thanks for the positive comment and for taking the time to view our content.
If you notice the talk of Bitcoin is ever present....adds... podcasts etc....common in a pump...and the big guy are in control not anyone else
Coming from the same Clown that said Silver would be over 100 by now......................
When he pumps the price will falls?He seems to be always wrong.
The ‘buy point’ in Silver would be at the technical high in the gold/silver ratio. It can take years to get to an entry point into this market. There are times when Silver truly becomes a ‘meme’ trading strategy because of the overwhelming short position in the metal. But it’s not as simple as following an internet phenomenon, Silver is a real metal with a futures market going out years,and has a spot price on foreign exchange. Pick your entry point very carefully.
🤔 I’m not sure why they bash government. with bigger and bigger invented numbers, when they should be clarifying how the metals market stands to gain in an economy presumably overburdened with liabilities.
@@effingsix3825 No they can do whatever they want via paperprice.We saw it at least 40 years.When silver is so great, why does nobody corner the market?Nobody want that.Even the east could easily buy all available silver.