Why The Gold Price Doesn't Matter To Him

Gold is off its January high and a lot of people are wondering whether the move is over. Rick Rule isn’t waiting to find out. “If gold’s at $4,400, I’m a buyer. If it’s $4,600, I’m a buyer. If it’s $4,700, I’m a buyer.”

Fifty years in the natural resource business, and he’s putting a substantial part of every dollar that comes in into gold almost irrespective of price. Not as a trade. As savings.

Maggie Lake sits down with Rick Rule, founder and CEO of Rule Investment Media, on why he saves in gold rather than speculates in it, why he sold his silver on the way up, why he expects the dollar to lose about 75% of its purchasing power over the next decade, and why he’d rather the whole thing happened slowly. His advice to anyone hoping for a fast move higher is to be very careful what you wish for.

In this conversation:

Why stable to higher interest rates could keep gold soft before the real move
The 1975 parallel Rick watched happen personally, and why he thinks it repeats
What the US-Japan currency intervention revealed about the Treasury market
Why he’s a buyer of gold at $4,400, at $4,600 and at $4,700
Why he wants lower gold prices, and what the set of circumstances that lifts gold does to the rest of your portfolio
The difference between a savings asset and a casino chip
Why he sold his physical silver, and the rule he follows on parabolic charts
How he used gold as liquidity in 2009 to buy assets that were stupidly underpriced
Why volatility and risk are not the same thing, and what that means for silver
Why roughly 2,500 of the world’s 3,000 junior mining companies are valueless
What Eric Sprott did after an 85% drawdown, and why most speculators can’t copy it

Rick Rule: https://ruleinvestmentmedia.com

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

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

0:00 Same Money, A Quarter The Value
0:22 Introduction
0:50 Are Metals Leaving The Consolidation Phase?
2:55 What The US-Japan Move Really Revealed
3:30 Is The Treasury Market More Fragile Than We Thought?
6:11 What Rick Is Actually Doing Right Now
7:03 The 75% Call
7:39 Why He Wants Lower Gold Prices
9:00 Savings Asset, Not A Casino Chip
10:09 Why He Sold His Silver
11:27 2009: Using Gold As Liquidity
13:39 Sleeping At Night At 73
16:06 Will Silver Follow Gold?
17:30 Volatility Is Not Risk
19:13 Miners And The Three Buckets
20:48 Eric Sprott’s 85% Drawdown

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Author

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.