Ep. 425: Rick Rule Unplugged

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 29 June 2016

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rick Rule, President and CEO of Sprott U.S. Holdings and 40-year veteran to the resource market, explains why we may be in the midst of "one of the greatest shifts in the natural resource sector in his career." This will result in a surge in the price of gold and gold stocks in the years ahead. Rick also explains the key drivers that will push gold higher. This includes a decline in the U.S. Dollar, how gold will become a better safe-haven compared to sovereign bonds, and new inflows from large institutions that need to rebalance their portfolios. Rick then shares his favorite ideas. This includes several new ETF's that give investors direct exposure to some of the best junior mining stocks in the world.

Transcript

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0:00.0	Wall Street Unplugged looks beyond the regular headlines heard on mainstream
0:06.1	financial media to bring you unscripted interviews and breaking commentary direct from Wall Street
0:11.8	right to you on Main Street.
0:14.0	How's it going out there?
0:17.0	It's Wednesday, June 29th.
0:19.0	And I'm Frank Curzier, hosted the Wall Street Unplugged Podcast
0:22.0	where I break down the headlines.
0:24.0	End.
0:25.0	Tell you what's really moving these markets.
0:28.0	Man, what a week for the UK?
0:31.0	Other than market crash you have to Brexit, banks are down huge,
0:36.0	construction, anything related to housing, crushed, they're recovering a little
0:40.0	bit over the past couple days. Then you had the Prime Minister resigning, standing
0:47.6	poor stripping the UK if it's AAA rating which it held since 1978. And now to make matters worse much more important
0:57.3	England football team losers to Iceland when Iceland has a population of I think like 350,000 people. So everyone that tries out for their
1:07.7	team, their soccer team or the football team, probably makes a team, right?
1:11.9	Because there's only like 20 guys in the country that actually play soccer I mean this upset was insane and after the loss what happens the coach of England resigns everybody's resigning
1:22.0	To being with the team for four years. So I guess a pretty tough week over there.
1:27.0	But hopefully you listen to my frankly speaking podcast. I covered Brexit, what it means to investors, what sectors you should avoid, which stocks
1:34.3	of sectors like AT&T, Verizon, gold miners, a great place following Brexit.
1:39.6	Since, I mean this event, it's going to create uncertainty for a very long time.
1:45.0	It's not like a company missing quarterly estimates or earnings or sales or retailers,
	...

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