“This is not a war of the type that any of us have experienced before, which is one of the reasons why investors are going to have to be so dexterous,” says Rick Rule, founder and CEO of Rule Investment Media. He explains that in the past 12 months, the U.S. has doubled the import of Uranium from Russia, and Russia recently transmitted hydrocarbons through Ukraine while paying a transit fee. Rick believes that is “a strange way to act in a war.” He continues that the dire warning from JPMorgan Chase CEO Jamie Dimon carries merits given what’s happening in the Middle East, Ukraine, and around the world. He says, “The next 10 years [are] going to require a lot more dexterity than the last 40 have.” Additionally, he advises investors to own assets such as cash, gold, and uranium because the higher deposit rates, which “are going to be a big problem,” are still below the real rate of inflation.
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Chapters:
00:00 Jamie Dimon warning
4:06 how Hamas impacts Russia-Ukraine War
7:07 uranium imports
7:45 investment in natural resources/raw materials
10:47 Mining stocks
12:07 Cash, gold, and uranium
13:06 Housing
15:22 CPI
16:53 Canada economy
26 Comments
Rick is the man
Hate the Intro 'music'. 😂
Did Rick just Totally B.S. us, with his 1982 to 2022 relative calmness! Geez, did he forget 9/11 and two wars in Iraq, & Afghanistan…
Interesting.
Rick is one of the best speakers of our time
This guy is saying nothing
Every decade is and will be unlike any that has gone before!
No doubt in my mind. Buckle up
"Governor Gruesome…" I love it! LOL
It's a genocide
Let your pessimism temper your actions, but don't let it drive your actions.
Rick is indeed a wise man . The last sentence particulary so .
I live in Alberta Canada, where most of the oil is. Most of us feel the need to leave the rest of Canada and run our own sovereign nation
terrible intro commercial
👏👏
always a pleasure to get Rick's ideas. Did I miss something about the.7% increase in Retail? If you have inflation of 4 to 10% your retail numbers will increase to reflect the inflation but actual purchase value will not. Duh. And who is buying what. The rich may still be buying but The rich are not like the rest of us. A misleading statistic.
Why would he give advices for free?
Nest bext thing ;p
"The Next Decade Will Be Unlike Anything We’ve Seen" – so, like every decade up to now?
I can't take anyone that calls ukraine 'the ukraine' seriously on geopolitics.
Rick Rules
That is a shallow consideration when you speak of arms being directed to Israel and away from Ukrain.
Rick, love your comment that pessimism should Temper our actions, Not Drive them~
Rick Rule an OG in the game.
Could invite Peter schiff
Why is the economy still so strong? Consumers are spending their cash now, because they KNOW hyperinflation is coming.