Why China Dumped Treasuries For Gold

When the West froze roughly $300 billion of Russian assets held in US Treasuries, it taught every government with a policy dispute with Washington a lesson. Rick Rule’s read: Beijing asked itself whether it could trust the US government, and the answer came back no. So it began disposing of Treasuries and buying gold.

Maggie Lake continues her conversation with Rick Rule, founder and CEO of Rule Investment Media, on why the commodity bull market has far more to do with thirty years of systemic underinvestment than it does with politics, and why the forty-year stretch of cheap abundance from 1982 to 2022 is over.

In this conversation:

Why Chinese private gold ownership will keep mattering, and what culture has to do with it
What the freezing of Russian reserves taught every other government in the world
Why Beijing accepted a worse trade position to protect the sanctity of its savings
Why we’ve underinvested in copper for thirty years, and why we’ll be rationing it by price
Why the AI build-out is icing on the cake and not the fundamental driver
How the threat of an oil shortage took crude from $55 to $115 without an actual shortage
Why an armistice can’t fix a structural shortage, and what 2029 to 2030 looks like
Why Wall Street is rewarding oil companies for cannibalising themselves
The $8 trillion problem with the US grid, and why a market is really a battery
Why the easy money in uranium has been made, and what nobody has noticed yet
How 1973 built the French and Japanese nuclear fleets, and why energy security is back
Why Warren Buffett owned no gold in the 1970s and still made 22 to 23% a year
And who, in Rick’s view, genuinely doesn’t need to own gold

MORE FROM RICK RULE

Rule Investment Media: https://ruleinvestmentmedia.com
Rick offered our viewers a free portfolio review on the show. Submit your natural resource holdings and he’ll rank them one to ten, one being best, and comment on individual positions where he thinks it’s useful.

Battle Bank: https://battlebank.com
Rick’s banking venture, co-founded to serve self-directed investors, including lending against physical precious metals as collateral.

Buy Precious Metals at: https://www.goldsilver.com

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As always, thank you for your support.
The GoldSilver Team

0:00 A World That Fundamentally Changed
0:21 How Important Is China To The Gold Price?
1:10 The Lesson Washington Taught Beijing
2:43 Where Else Is There Opportunity?
2:50 Copper: Thirty Years Of Underinvestment
3:58 Oil And Gas, And The Shortage That Hasn’t Happened Yet
5:37 AI Is The Icing, Not The Cake
6:26 The People Still Living Without Electricity
7:15 The $8 Trillion Grid Problem
8:21 Uranium: The Easy Money Has Been Made
9:12 What Nobody Noticed About Energy Security
10:49 A Commodity Bull Market Across The Board
11:59 Isn’t That Too Bearish?
13:07 Buffett Owned No Gold
14:47 Who Actually Doesn’t Need To Own Gold
15:33 Rick’s Free Portfolio Review

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Shin JohnYtv Market News

Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.