Video Discription |
Rick Rule is a known gold bull, veteran investor, and speculator in the precious metals and resource sector. He is extremely bullish on precious metals like gold and silver and describes both as real money and the natural conclusion to the collapse of the global financial system. Though both metals had a great run earlier this year, Rick expects much higher price increases after what he describes as the metals' reversion to mean. According to Rick, the market share of precious metals investments, relative to all classes of savings and investment products in the US market, is believed to be less than half of one percent, down from a four-decade mean market share of two percent. Rick predicts we will see a reversion to mean in no distant future as the demand for precious metals and precious metals-related investments quadruple.
According to Rick, the reversion to mean will impact silver prices even more than gold prices, and the white metal’s price will skyrocket wildly as investors scramble to seek shelter against the chaos of the financial system. The legendary investor envisions a time when peak realization hits, and everyone realizes that the financial system is rigged to fail. Rick predicts that the demand for precious metals, beginning with gold and silver, will quadruple, and so will prices. Rick has always been particularly bullish on silver, which he often describes as a most-hated asset but the opportunity of a century for investors. When the next leg of the bull market begins, Rick is certain that gold prices will run much higher to around 8,000 to 9,000 dollars per ounce, but silver investors will have a much better time of it all.
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
Credit: Liberty and Finance
"I Own Gold Because I'm Afraid It'll Go To $9000 or $10,000" | Rick Rule
https://www.youtube.com/watch?v=PtLmlEqWY2w
#gold #goldpriceprediction #rickrule #silver #silverprice #silverprediction |