Rick Rule answers viewers' questions. Submit your own in the comments below for next time! Subscribe to my free newsletter: davidlinreport.substack.com/ Upcoming private placement bootcamp: events.ringcentral.com/events/rick-rule-s-virtual-private-placement-bootcamp?
@@AshleyGraetz The Independent Planning Commission screwed up. From my understanding SVL asked the IPC to amend the application to include the power line in the project approval application and it wasn't. I may be totally wrong, but I smell a potential lawsuit coming.
Always love listening to Rick, but don’t sell yourself short, David. We come here for you too. Your talent is what brings the guests here as well as the audience. You have a well educated knack from your background to ask poignant questions. One may call them juicy! Thank you for sharing, and I’m with Rick saying that you deserve all of the success you have achieved. Well done!
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly, which means more red ink for portfolios this second half of the year. How can I profit from the current volatile market? I'm still at a crossroads deciding if to liquidate my stock portfolio.
Having available opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
I agree. Based on personal experience working with a financial adviser, I Currently have over half a million dollars in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
*KAREN* *MARIE* *GENDRON* is the licensed adviser I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing this. I just looked her up on the web and your advisor's webpage popped up. She looks advanced and experienced. I will write her a mail shortly.
There’s two economies. Homeowners that refinanced at 2.75% and everyone else. The 25-40% increase in rent and groceries are killing people’s buying power. So half people in recession and half are fine.
Dang... Lin does his homework with Charts and Questions that pulls the unique GOOD STUFF out of his interview Experts (like Rule)... I heard NEW information and opinion from Rule in this interview instead of the Same Old repeated responses. Well done! I'm a Sub.
The usa economy is a tiny fishing boat holding a titanic sized anchor, sinking it into the water and it has sosalisam security writen on the side! LOL We need to cut government by 50% or we will be just like other poor starving dictator oflicted countries. Free markets can't afford uslesd government or sosalisam.
well, the exact calculation of recession has to be met to call it a recession, however, set aside the calculation, look past it, and be a realist, we have more people homeless in the U S thann ever, we have more people not working and not accounted for on the labor rolls to call the numbers of such truth,.The manipulations of markets in commodities, not just PMs ,but everything of value, has a paper market official, or unofficial in place. Value is scraped off the top of everything seems to be now days, and the producer has been squeezed out ??? Look at agriculture, the paper market sets the price??? Look at silver, the paper market, set the price since 1960. I said earlier above set the calculation for recession aside it is not a true calculation, as it is not calculating the hegemony, of it all, and the societal manipulation, like lies for labor status, and immigration, and for not telling people of the mass numbers of abortions. Nothing in math has sway in truth, like the calculation for recession........it is fake also. We have allowed no order, no true finance, no true societal justice, and now leadership is winning the field..... Get ready for something REAL, not FAKE, a depression is coming, like you can not comprehend, pray it is not with war as is usually the case.
Hahaha. Rick made take a good laugh 😊😊 Investors looking for profits around the corner vs 7 years. I can't wait 7 years. I am 71 yrs. Technology moves faster. But now, I got burned with NVDA, I am not out of it yet. I have some cash...But I don't know what to buy. I just found Rick. For the last 3 days of listening to Rick my head is spining with so much information. Which ones to choose? And his stragety to choose I don't rezly get it.😅
I can remember as a child seeing a McDonald’s commercial on the TV, it was promoting that you could feed a family of 4 for a grand total of $5 and get change back!
I stopped at Burger King for 2 whoppers and a medium Dr. Pepper. It was $21 and change. Federal Reserve printed 40% more money. The workers did not get 40% wage increases. I love Burger King from Whopper,Double cheeseburger and the regular hamburger! Do I have to get a part-time job to eat there?
Sh...t. Even in the 90s Mac had campaigns of "Two Big Macs for 2 Bucks". Big Macs for a buck! Global QE broke Inflation out of its 30 year cage, and we'll never get it back in now. 2 trillion deficits during peacetime? Every major economy in the world doubling or tripling their debt obligations. Yeah...just wait for the Boomers to finally be in full retirement...gimme, gimme, gimme.
It's never a good economy for people who "sell their sweat." Parents should make their children work and sweat, but then enlighten them about this ironclad fact of life.
No matter how often I listen to Rick Rukle - and he hasn't been quite as visible lately - he always provides valuable insights about markets, in general and commodities, specifically! Excellent interview!
From a 73 yr. old CPA/MBA Econ: The younger generations still believe the fallacy of a college education being the only road to success. Along with their refusal to 'get their hands dirty' because they believe they are above that the two belief condemn their futures to poverty.
Your generation told us "the only way to get ahead is with a college degree using your mind, not your labor." Now your generation wants us to return to the manual labor jobs that will be replaced by the robotics we researched and developed. It's best if we all just ignore your generation. We already have to clean up the political, environmental, and economic mess you caused.
We paid a guy to clear 6 acres for us, he got $25k from us for his time. Took a while and his tractor broke but he got it done. He raises cows, and also does dirt work.
I don't understand what Rick thinks we should do about Social Security. It is easy to say that people should save for retirement but a lot of the working class or lower middle class work their whole lives and aren't able to accumulate much in savings - not because they are spendthrifts but because day to day expenses take up a lot of their earnings and unexpected expenses - the engine in your car blowing up, a child needing hospitalisation, a broken water heater - eat up what little is left. My brother is a perfect example. He is an auto mechanic with his own shop. He works ten hour days, five days a week and goes in on Saturdays for 5-6 hours to do paperwork. He hasn't taken a vacation in years and drives a very modest Toyota truck. He lives in a modest house in a working class neighborhood which he has only in the last year been able to pay off. He has no money for retirement because of inflation and unexpected expenses - and will have to rely heavily on Social Security when he is too old to work. He has paid into the program his entire working life. Why shouldn't the government cut him a check when he retires? Why are entitlements so bad? It seems to me that the upper ten to fifteen % - who live luxurious lives in comparison and have all kinds of tax breaks - can do without another tax break and these forever wars can stop.
Anyone who has the nerve to tell people that paid into their social security their whole working life that they are "imposing on the back" of the younger generation is definitely misguided. Sure boomers should have continued on in their parents footsteps and been savers, but regardless they were sold a bill of goods. The only liars, thieves, and audacious characters in this game are the government law makers and the government overspenders.
Your brothers situation has no bearing on the countrys ability to pay. The fact that we are currently paying 2.5 trillion every year to retirees is exactly why your brother cannot save. So the problem with ss is it steals someone elses ability to save, due to inflation. So we are a snake eating our tail. Yes, ss is good in theory but only if it is funded via surplus.
In reality, Social Security will never go broke, the politicians will vote to fund it even if the government just ends up having to print the money. Given that many people have worked all their lives to fund Social Security, it is right and just for them to be paid back. The problem is when the program is too generous to people have paid in little or program is not simplified but complex full of loopholes that allow some taking advantage of the system.
We could improve social security by not allowing the government to keep appropriating it. It is like the post office, which has been the only agency of the government to ever turn a profit. Pensions for the postal employees were paid for 75 years in advance. 75 years!! But the morons in government seemed determined to sink the post office and make it an unprofitable service that people avoid like the plague. Social security is like that, benefits more than paid for but the government has been raiding it for decades. We need to hold the federal government accountable.
Biggest market crash would probably be due to a huge earthquake either in Los Angeles or Seattle area. People would have to sell their stocks to rebuild or move. Only 10% of people have earthquake insurance but those companies would also have to sell stocks to pay claims.
Rick rule said Uranium stocks would explode higher. They didn't. Some uranium stocks went up a little and fizzled out while other uranium stocks remained crap. Gold and silver stocks are pathetic. Rick Rule was bearish on bitcoin at $4k, then it went on to hit $70k. I don't trust Rick Rule.
🎉❤😊Excellent conversations with your guests, David. Rick Rule is very smart and highly knowledgeable about credit markets. His experience is a massive asset to his insightful perspectives Thank you so much, David,for your dedication to competence and consequences of financial decisions. 🎉❤😊
I voted for the PM that raised the Canadian old age pension to 67. But all the young Canadians didn't like him and elected Trudeau who lowered the age back to 65. The other PM ran a balanced budget after the GFC in 2008, and never raised a tax in ten years..... The other Canadians hated that and elected Trudeau who said he would run a little deficit.....who then doubled the national debt from 600 billion to 1,300 billion and made many new taxes. So Rick, don't blame this old guy for electing people who didn't pencil in the costs. Lots of young Canadians loved Trudeau and now they'll spend the rest of their lives paying for him. We saw what the old Trudeau did in the 1970s before I was old enough to vote and I am still paying for that guy.
I listen to a lot of what Rick says and there's a lot of value there but I have to say I am a completely different kind of investor. When I look at the companies that he says are the most valuable I see large companies with a less than fascinating insider ownership and balance sheet. I'm not doing the research he is but assets under ownership are his main considerations and mine are growth potential and balance sheet followed by insider prices paid. It will at some point behoove me to become more like Rick. For now I have to build capital.
Been messing around with short term trade tactics, with select mining stocks, for volatile market conditions. The biggest issue I see, lies with lower volume and discontinuous market momentum. Also, volatility is a double edged sword when setting limits. It's been both fun and torturous. Plus, having a data driven process has dramatically cut down on the emotive bias and personal speculation.
Rick Rule answers viewers' questions. Submit your own in the comments below for next time!
Subscribe to my free newsletter: davidlinreport.substack.com/
Upcoming private placement bootcamp: events.ringcentral.com/events/rick-rule-s-virtual-private-placement-bootcamp?
Rick is the man.
I wonder how Rick feels about the market 90 million wiped out on his Silver mines investment Friday Aug 16?
I want to hear about Battle Bank and understand what happened to Rick's first six banks.
What brand power washer should I buy?
@@AshleyGraetz The Independent Planning Commission screwed up. From my understanding SVL asked the IPC to amend the application to include the power line in the project approval application and it wasn't. I may be totally wrong, but I smell a potential lawsuit coming.
Always love listening to Rick, but don’t sell yourself short, David. We come here for you too. Your talent is what brings the guests here as well as the audience. You have a well educated knack from your background to ask poignant questions. One may call them juicy! Thank you for sharing, and I’m with Rick saying that you deserve all of the success you have achieved. Well done!
@brainkill7034 David's hair is the highlight of the show
Rick has predicted 17 out of the last 3 recession’s, got to love his honesty. 😂
Because most ppl that work in economics are idiots
This!
Dooomer financial pooorn is getting old. Will we see a crash, dip, whatever? Sure, it’s all part of the cycle.
lol just look at this guy. No thanks.
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly, which means more red ink for portfolios this second half of the year. How can I profit from the current volatile market? I'm still at a crossroads deciding if to liquidate my stock portfolio.
Having available opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
I agree. Based on personal experience working with a financial adviser, I Currently have over half a million dollars in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
Your adviser must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
*KAREN* *MARIE* *GENDRON* is the licensed adviser I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing this. I just looked her up on the web and your advisor's webpage popped up. She looks advanced and experienced. I will write her a mail shortly.
There’s two economies. Homeowners that refinanced at 2.75% and everyone else. The 25-40% increase in rent and groceries are killing people’s buying power. So half people in recession and half are fine.
Except that 98% of residential mortgages even in 2020 were fixed rate. So... what you meant to say was "home owners vs renters"
@@Dan-yw7sy okay, people who bought or refinanced late 2020-2021. Everyone else is hurting.
True but uncontrolled debt will affect us all
@@TedGriffiths-d1u Recessions are healthy to a free market. I think we’d be better off letting the free market set the interest rates.
Hit the nail on the head.
David 's humility and interview style is matchless...keep up the good work
David is a consistently great interviewer. No matter the guest he has great questions that lead to decent viewing and listening.
I agree, but he needs to ditch the likes of Soloway, Vermuelen and their ilk.
A black swan by its very nature, cannot be predicted...
all the black swans will be dead once the avian flu arrives in its habitat. No more black swans.
No one, it seems, actually read the book.
Not predicted by the common man, yet very well known by those that have created the event.
In other words, it is an unknown unknown.
unless your warren buffet
I've yet to see a bad interview with Rick Rule. He always has interesting observations and insights of the economy.
I agree sensible measured reasoning.....he knows from where he speaks
This is a bad one, blaming old folks on young peoples money issues.
@@onlywenilaugh6589why? It's factually correct. Boomers have had the easiest time in all of human history.
Dang... Lin does his homework with Charts and Questions that pulls the unique GOOD STUFF out of his interview Experts (like Rule)... I heard NEW information and opinion from Rule in this interview instead of the Same Old repeated responses. Well done! I'm a Sub.
First time hearing that taxes should be included in the CPI, which is mindblowing.
The usa economy is a tiny fishing boat holding a titanic sized anchor, sinking it into the water and it has sosalisam security writen on the side! LOL
We need to cut government by 50% or we will be just like other poor starving dictator oflicted countries.
Free markets can't afford uslesd government or sosalisam.
Takes a lot to make me feel stupid, but when he said "I think parenthetically that the disintermediation..." I had to Google that sh*t 😂
😂
I always love when he says arithmetics
😂 omg, me too!! 😅
😂😂😂
My teacher always said, if you use a big word that is not necessary , to put across the information given,it is your failure to communicate!
Mr. Rules impersonation of an owl bond never gets old. 😆 Very clever
There's only one Rule. Listen to Rick.
Danielle DiMartino said we’ve been in a recession since October of last year.
I’m with her.
I'd pin November, and she is much smarter than I. October it is!
well, the exact calculation of recession has to be met to call it a recession, however, set aside the calculation, look past it, and be a realist, we have more people homeless in the
U S thann ever, we have more people not working and not accounted for on the labor rolls to call the numbers of such truth,.The manipulations of markets in commodities, not just PMs ,but everything of value, has a paper market official, or unofficial in place.
Value is scraped off the top of everything seems to be now days, and the producer has been squeezed out ??? Look at agriculture, the paper market sets the price???
Look at silver, the paper market, set the price since 1960.
I said earlier above set the calculation for recession aside it is not a true calculation, as it is not calculating the hegemony, of it all, and the societal manipulation, like lies for labor status, and immigration, and for not telling people of the mass numbers of abortions. Nothing in math has sway in truth, like the calculation for recession........it is fake also. We have allowed no order, no true finance, no true societal justice, and now leadership is winning the field..... Get ready for something REAL, not FAKE, a depression is coming, like you can not comprehend, pray it is not with war as is usually the case.
I'm with Danielle no matter what, know what I'm saying?
@@stuartmoore6310
👍🏻
If she teams up with Rick then they've predicted 18 of the last three. His 17 inaccuracies plus her one - at least 😂
I sure like conversations between Rick Rule and David Lin. Wonderful! And both have an understanding of the Canadian Market.
Hahaha. Rick made take a good laugh 😊😊 Investors looking for profits around the corner vs 7 years. I can't wait 7 years. I am 71 yrs. Technology moves faster. But now, I got burned with NVDA, I am not out of it yet. I have some cash...But I don't know what to buy. I just found Rick. For the last 3 days of listening to Rick my head is spining with so much information. Which ones to choose? And his stragety to choose I don't rezly get it.😅
I really appreciate how Rick wants to see other people succeed.
Ah the 70’s; McDonald’s hamburgers 29 cents, cheeseburgers 39 cents.
I can remember as a child seeing a McDonald’s commercial on the TV, it was promoting that you could feed a family of 4 for a grand total of $5 and get change back!
And they actually tasted good too.
I stopped at Burger King for 2 whoppers and a medium Dr. Pepper. It was $21 and change. Federal Reserve printed 40% more money. The workers did not get 40% wage increases. I love Burger King from Whopper,Double cheeseburger and the regular hamburger! Do I have to get a part-time job to eat there?
Damn! I remember that. Happy meals for $1.99. What a time!
Sh...t. Even in the 90s Mac had campaigns of "Two Big Macs for 2 Bucks". Big Macs for a buck! Global QE broke Inflation out of its 30 year cage, and we'll never get it back in now. 2 trillion deficits during peacetime? Every major economy in the world doubling or tripling their debt obligations. Yeah...just wait for the Boomers to finally be in full retirement...gimme, gimme, gimme.
IMHO Rick ranks high on your list of best guests and it would be awesome to see him more often. Always take the time to watch what he has to say.
A great interview and *deeply moved* by Rick’s genuine humility…a genuinely rare attribute among Humans. 🌷🙏
Rick Rule was on form today 💪🏻 great interview
Rick "ToWhoo, ToWhoo" Rule 😂
It's never a good economy for people who "sell their sweat." Parents should make their children work and sweat, but then enlighten them about this ironclad fact of life.
No matter how often I listen to Rick Rukle - and he hasn't been quite as visible lately - he always provides valuable insights about markets, in general and commodities, specifically! Excellent interview!
Great interview! Thank you for having RR on your channel.
Why can't we have people like Rick....run countries, and global economies. Great interview!
Thank you for aaking my question! Rick's answer was very interesting; I'll be thinking about how to use his insight in my positioning.
excellent.David really does work hard to be informed for his guests.
From a 73 yr. old CPA/MBA Econ: The younger generations still believe the fallacy of a college education being the only road to success. Along with their refusal to 'get their hands dirty' because they believe they are above that the two belief condemn their futures to poverty.
Your generation told us "the only way to get ahead is with a college degree using your mind, not your labor." Now your generation wants us to return to the manual labor jobs that will be replaced by the robotics we researched and developed. It's best if we all just ignore your generation. We already have to clean up the political, environmental, and economic mess you caused.
The Rule classroom Rules! Learning so much from Rick and David! Great interview!
I come to watch you David as much as your guests. 🥰
One word for this interview.... AWESOME!
Great Show David...Rick elevates all shows to another level!
Rick sounds like my favourite teacher from high school
We paid a guy to clear 6 acres for us, he got $25k from us for his time. Took a while and his tractor broke but he got it done. He raises cows, and also does dirt work.
I come to the channel because David puts in the effort and knows his stuff
I don't understand what Rick thinks we should do about Social Security. It is easy to say that people should save for retirement but a lot of the working class or lower middle class work their whole lives and aren't able to accumulate much in savings - not because they are spendthrifts but because day to day expenses take up a lot of their earnings and unexpected expenses - the engine in your car blowing up, a child needing hospitalisation, a broken water heater - eat up what little is left. My brother is a perfect example. He is an auto mechanic with his own shop. He works ten hour days, five days a week and goes in on Saturdays for 5-6 hours to do paperwork. He hasn't taken a vacation in years and drives a very modest Toyota truck. He lives in a modest house in a working class neighborhood which he has only in the last year been able to pay off. He has no money for retirement because of inflation and unexpected expenses - and will have to rely heavily on Social Security when he is too old to work. He has paid into the program his entire working life. Why shouldn't the government cut him a check when he retires? Why are entitlements so bad? It seems to me that the upper ten to fifteen % - who live luxurious lives in comparison and have all kinds of tax breaks - can do without another tax break and these forever wars can stop.
Anyone who has the nerve to tell people that paid into their social security their whole working life that they are "imposing on the back" of the younger generation is definitely misguided.
Sure boomers should have continued on in their parents footsteps and been savers, but regardless they were sold a bill of goods. The only liars, thieves, and audacious characters in this game are the government law makers and the government overspenders.
Your brothers situation has no bearing on the countrys ability to pay. The fact that we are currently paying 2.5 trillion every year to retirees is exactly why your brother cannot save. So the problem with ss is it steals someone elses ability to save, due to inflation. So we are a snake eating our tail. Yes, ss is good in theory but only if it is funded via surplus.
In reality, Social Security will never go broke, the politicians will vote to fund it even if the government just ends up having to print the money. Given that many people have worked all their lives to fund Social Security, it is right and just for them to be paid back. The problem is when the program is too generous to people have paid in little or program is not simplified but complex full of loopholes that allow some taking advantage of the system.
We could improve social security by not allowing the government to keep appropriating it. It is like the post office, which has been the only agency of the government to ever turn a profit. Pensions for the postal employees were paid for 75 years in advance. 75 years!! But the morons in government seemed determined to sink the post office and make it an unprofitable service that people avoid like the plague. Social security is like that, benefits more than paid for but the government has been raiding it for decades. We need to hold the federal government accountable.
You'll get your check it just won't br able to buy much and may not be enough to be living in poverty in another 20 yrs
More than fantastic information from you both!!!!! Thank you for the education! Keep it coming please!!
I watch lots of these. I've concluded David is the best.
RICK!
Fantastic like always.
Rick Rule rules! Thanks for a great conversation guys
Biggest market crash would probably be due to a huge earthquake either in Los Angeles or Seattle area. People would have to sell their stocks to rebuild or move. Only 10% of people have earthquake insurance but those companies would also have to sell stocks to pay claims.
Well that works.... let's get it done and move on to happier days
Yup matt 24:7 could be...seeing many of the other signs ramping up like never before so.... anyway time will tell :)
Top notch interview David! One of your best!
David, I’m a barber. We need to talk.
Great information. Love the show.
The #1 US export has always been inflation.
No, just since 1971.
Debt
War and misery
The only thing the U.S produces is a consumer
Terrorism.
Great work David.....having your own platform your presentations are booming ahead. Well done
Always liked Mr.Rule. Always good info and great delivery.. been watching him since his sport days
Excellent discussion and I must appreciate the guest for his openness on CPI that is without tax is being considered
Also, Rick has a nice World War 1 Helmet collection which he background shares on his prior videos
Wonderful interview. Thank you gentlemen! 😊
Thank you as always David and Rick.
13:45 you know you getting those Rules with Rick. Forget getting Rick Rolled, get Rick Rule'd.
Great interview, thank you to both of you.... Hello from Gran Canaria, Spain
Thank you Rick; great statistics on energy needs (and the oil and gas portion).
Rick Rule never bored me!
Rick rule said Uranium stocks would explode higher. They didn't. Some uranium stocks went up a little and fizzled out while other uranium stocks remained crap. Gold and silver stocks are pathetic. Rick Rule was bearish on bitcoin at $4k, then it went on to hit $70k. I don't trust Rick Rule.
Rick is one of my favourites. He is honest.
This was great Rick! You’re not boring! Tell more! And funny!!
Just because it is inevitable, does not mean it is imminent
Rick Rule is my favorite guest
Propped up economy, I agree!
high yield owl bonds - tooo whooo, tooo whooo haha, The humor of this guy is priceless
Keep up the good work!
I enjoy your guest David, this Galvanized everything
Really good interview & information
Rick Rule is great. Fantastic interview!
Great job David.. ! I Love the humor of of Rick Rule... !
Fabulous interview as Always. Thank you Both so Big, will in Florida
Really enjoy Rick's positive attitude
That owl joke was killer
Great interview, very interesting 💪💪💪
Bravo Rick, cost of government is not reflected in the inflation index. I never realized this before and it is so significant.
This man needs props for pointing out he has predicted 17 of the last 3 recessions.
❤❤❤❤❤❤❤❤
Very good interview 👍
Humble Lin. Thanks guys
Very Educational!
Rick’s a legend!!!!
Great interview
Great guest, Rick Rules!
Doubted his words for a while, then he said reZource and immediately made me a believer.
EXCELLENT CONTENT . . . GREAT GUEST SPEAKER !
Rick Rule the MAN! Where is silver going!?!??!?!?!?
The "liar standing next to an ETF" is now a "liar standing next to a bank vault".
You can get from 0.5% to 2% not only by a 4-fold increase of gold(mine) prices but also by a 75% decrease in the prices of other assets..
🎉❤😊Excellent conversations with your guests, David.
Rick Rule is very smart and highly knowledgeable about credit markets. His experience is a massive asset to his insightful perspectives
Thank you so much, David,for your dedication to competence and consequences of financial decisions. 🎉❤😊
I voted for the PM that raised the Canadian old age pension to 67. But all the young Canadians didn't like him and elected Trudeau who lowered the age back to 65. The other PM ran a balanced budget after the GFC in 2008, and never raised a tax in ten years..... The other Canadians hated that and elected Trudeau who said he would run a little deficit.....who then doubled the national debt from 600 billion to 1,300 billion and made many new taxes.
So Rick, don't blame this old guy for electing people who didn't pencil in the costs. Lots of young Canadians loved Trudeau and now they'll spend the rest of their lives paying for him. We saw what the old Trudeau did in the 1970s before I was old enough to vote and I am still paying for that guy.
I absolutely love Rick rule
I listen to a lot of what Rick says and there's a lot of value there but I have to say I am a completely different kind of investor. When I look at the companies that he says are the most valuable I see large companies with a less than fascinating insider ownership and balance sheet. I'm not doing the research he is but assets under ownership are his main considerations and mine are growth potential and balance sheet followed by insider prices paid. It will at some point behoove me to become more like Rick. For now I have to build capital.
Ravishing Rick Rude!
Personally where I live it seems like we are in a recession
Rick Rules 💰🔝
Did this dude just admit he predicted 17 of the last 3 recessions? What a boss.
Can never get enough of Rick. I’d say beats even Milton Friedman in economics
Let’s not go too far lol
@@wesmckenna8287 seriously. Milton was wrong about the trade tariffs, Rick is not!
I wanna see his World War 1 headgear collection again! He had it as a background one time.
Been messing around with short term trade tactics, with select mining stocks, for volatile market conditions.
The biggest issue I see, lies with lower volume and discontinuous market momentum. Also, volatility is a double edged sword when setting limits. It's been both fun and torturous. Plus, having a data driven process has dramatically cut down on the emotive bias and personal speculation.
Rick Rule Rules!
The Man!
I am tracking 15 possible black swan events. The one, or in my humble opinion, the many that hit will not catch me by surprise.
Great show