Rick Rule Warns About SELLING Gold & Silver In The Future (And How The Price Will Be Affected)
Rick Rule explains about selling Gold & Silver in the future
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25 Comments
4:54 lol very funny laugh
If you're not debt-free you're not free…and you are still in the system
Can't rip up precious metals…
Sounds like citizens are never selling…
The metals create a verifiable currency for trade outside of government control. Yes Bitcoindoes the same but it is global grid dependent. Au and Ag are not. This may be the most important aspect in the future.
In Financial World the Recipe for suicide is to borrow short to Invest Long – something that even a pathological idiots know then how come these Lending Institutions are engaging in such suicidal investment decision / rational / logical
Governments don't tolerate competition to their fiat currencies, which includes gold and silver. Meaning, there's still risks in owning gold. For instance governments might tax transactions made in gold. There's no truly safe investment.
Never sell gold and silver.
Barter with IT
Not using FIAT currency
If I don't have to.
Stopped using 90% of Fiat.
Don't have credit card.
Barely use debit card.
Don't use checks.
Don't use cripto.
So now try me !
Do not own compagnies shares.
No stocks
No gov bonds
No problem
Have 0. $
Debts
0. $ credit.
0 care's about inflation.
The government has a long history of “Rolling Over The Federal Debt” but things have gotten so out of control that the total income of tax revenues won’t even pay the interest on the Fed debt. Powell decimated the markets today suggesting a .75% interest hike in June. Let’s see if that talk gets walked back.
The brilliant articulate Rick Rule lays it out so clearly. Only question is, what if the Fed really does let interest rates go up, and causes a recession? Seems so unlikely. Then governement spending would rely purely on taxes (of an economy in recession)
wait til the 40% in bonds gets liquidated in the markets, where will that money go into?? Hmmmmmm
Fed is counterfeiting. No sense brining a knife to a gun fight. What can we do to take/steal some of that money LEGALLY?
When elephants fly !
76,000 in two weeks 🥰
"The successful warrior is the average man, with laser-like focus." –Bruce Lee
Quick thought. Because debt is so high perhaps it will only require bond yields of around 4% to really slow the economy, which then causes "official inflation" to come down to say 4%.
Thoughts?
Did Rick even say anything about selling gold and silver and how it would be affected in the future? I have been through it twice at what minute Mark does he even say anything about it? Anything about them changing the law?
When a Government floats a bond issue,AND NO ONE SHOWS UP TO BUY THEM…..THEN THEY ARE KAPUT,BELLY UP.
Very wise words from someone who would certainly know
"Success is the sum of small efforts, repeated day-in and day-out." –Robert Collier
A Renowned Numismatist and sage Dana Samuelson has to say: "Rick is a genius, plain and simple."
Dont you think interest based capitalism is a failure????
Some group of people in this world always stay away from interest because of there religious belief .
After watching this video those group of people are much more advance then bunch of learned dump.
the professional money managers are still fucking up things for the rest of us: accomplices of all DEMOcRAT Party and RINO politicians….