Is Silver The Next Uranium?: Rick Rule Explains

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  • Опубліковано 29 гру 2024

КОМЕНТАРІ • 219

  • @Wealthion
    @Wealthion  10 місяців тому +4

    SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at www.wealthion.com.

    • @sebastienloyer9471
      @sebastienloyer9471 10 місяців тому

      😂😂.
      Scared of 2008 events 😂😂.
      Wait for the Marie Antoinette guillotine based justice events.

  • @oofyrog
    @oofyrog 10 місяців тому +13

    Rick Rule is the the best of the best. Thanks for the video!

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! He is a fan fav!

  • @jfkjfk1
    @jfkjfk1 10 місяців тому +27

    Made me smile James... If inflation is reported at 4% I just round it to 8% ...
    Classic , but true 👌

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +3

      Ha, thanks for the comment and happy I made you smile. I actually think inflation is running at 10% plus and if oil rips look out!

    • @patricklafontaine137
      @patricklafontaine137 10 місяців тому +2

      100% this inflation is destroying the American dream and I would argue 8% is low.

  • @davidmadge5811
    @davidmadge5811 10 місяців тому +9

    A strong economy is a mirage, a facade. The banks are teetering on the edge of an abyss. Political risk is through the roof, if you’ve been paying attention. Freedom just a catchword in America now. But it’s the unknown black swans off in the distance that are approaching with grim determination that are the scariest.
    And if you haven’t read the Fourth Turning I suggest you do so.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment David! You raise some interesting points about the US banking systema and I wonder if there is more to come. Is NYCB the canary in the coal mine?

  • @shaileshparikh6920
    @shaileshparikh6920 10 місяців тому +34

    Mr. Rule has been making these points for the last few years I have followed him. He never talks about the timing of his buys + sells. Only way he has gotten so rich is buying and selling gold [& gold equity - PM] within a it's cyclical ups and downs. This industry is very volatile, tremendously resources draining and affected by geopolitical moves by politicians. I am stuck with 40%+ looses for some of these companies. I wish he would also preach dangers associated with PM industry.

    • @gamanshoo
      @gamanshoo 10 місяців тому +12

      Do the math: after that 40% dip, how much does it have to go up for you to break even…
      Rule makes most of his money in very private/hidden corners of the PM sector….not so much from the regular equities available to most…
      The PM sector is rife with “snake oil salesmen” as much as those found in the cannabis/entertainment/crypto industry: best words to describe - dirty and murky….
      Not gonna give you advice here…i myself “cut my leg off” and got rid of most PM equity positions…the industry is horrendous…
      A bit of physical PMs for “the end of the world” is all that is needed….the rest is all BS, smoke and mirrors…

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +7

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Rick has spoken about the perils of junior mining many times in past interviews with me. He has also said that the majority of junior mining companies are just life-style companies and they just steal money.

    • @RedShiftedDollar
      @RedShiftedDollar 10 місяців тому +6

      Those are your investments so if you want to study the dangers then go ahead. Rick Rule is not responsible for your investments. You are. If you bought something because of a recommendation of his then obviously you agreed with his analysis. He doesn’t talk about time because being right matters more than being right at the best time. If you are right then time will be on your side in the long run.

    • @matthewriddle-tt8mi
      @matthewriddle-tt8mi 10 місяців тому +4

      Do your home work

    • @peterkurth933
      @peterkurth933 10 місяців тому +4

      Pretty sure you didn't listen thoroughly: he is pretty clear about volatility, how only about 15% of companies are viable in the sector and that it's hard work to find them. Also his main audience are young professionals. His education program, which he says to be his main enterprise these days, is clearly geared towards full-time resource investors.

  • @ruanddu
    @ruanddu 10 місяців тому +17

    I love the hosts probing questions that get Rick to keep divulging more info. Good job.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +5

      It's Jimmy Connor, thanks for the positive comment! I don't get those very often. If there are any other guests you would like to see on the channel please let us know.

    • @ruanddu
      @ruanddu 10 місяців тому +3

      @@BloorStreetCapitalthank you Jimmy. It’s those types of questions that keep the show interesting for me. The deeper mechanics and why a person is doing what they are doing. I think others would be David Brady (@globalprotrader), Lyn Alden, Michael Green, Luke Gromen and Michael Oliver. Thank you.

  • @mattanderson6672
    @mattanderson6672 10 місяців тому +3

    Love Rick Rule!!
    Thank you or having him on!

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! We will get him back for sure!

  • @florianwalser2499
    @florianwalser2499 10 місяців тому +4

    One of the VERY INVESTMENT LEGENDS of our time. Thank you.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and taking the time to view our content! He is one of the best!

  • @derwaldbaer5707
    @derwaldbaer5707 10 місяців тому +16

    When I look at Barrick and Newmont superficially, I don't see that they are cheap relative to earnings or free cash flow. What am I missing? Thanks!

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +3

      It's Jimmy Connor, thanks for the comment/question. EPS and CF are not the best measures for gold producers but given their poor performance I cant imagine that they aren't cheap by those measurements or any other. NEM is down 20% on the year and we are only 2 months into it.

    • @sebastienloyer9471
      @sebastienloyer9471 10 місяців тому +1

      ​@@BloorStreetCapital, energy price is the key

    • @555frontier
      @555frontier 10 місяців тому +2

      In my view they are reasonably priced but definitely not cheap.

    • @haraldeliasson3737
      @haraldeliasson3737 10 місяців тому

      You're not missing anything, Newmont is a shitco and the only thing Barrick has delivered the last couple of years is falling production and increasing costs. Stick with franco and wheaton

  • @frankarena838
    @frankarena838 10 місяців тому +3

    Excellent discussion gentlemen, thank you very much. I always learn a lot listening to Mr Rule.
    Five minutes into any discussion with David Rosenberg, Eric Basmajian, Mike Green, Danielle de Martini Booth or Jeff Snider will quickly relieve you of your false 'strong REAL (inflation adjusted) US economy' belief. All these would be great guests to cover true macro. For specialist precious metals and general metals exploration theme, none better than Tavi Costa of Cescat. For uranium, Mike Alkin is the number one guy (please don't waste his time by asking him about the safety aspects of nuclear power, as one other dunce did once).
    All the best from sunny Sydney, Australia.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and suggestions Frank!

  • @himchannel3624
    @himchannel3624 10 місяців тому +3

    Thanks Rick, so great to hear from you!

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and taking the time to view our content!

  • @andrestrat
    @andrestrat 9 місяців тому

    precious interview as always with Mr Rick rule. Thank you for sharing!

  • @martinmcdade3433
    @martinmcdade3433 10 місяців тому +4

    Gold did not take off in 1975, Dec 1974 was a market high, and gold took off in August-1976, 20 months later.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @kmilton1593
    @kmilton1593 10 місяців тому +7

    Rick, we so much appreciate your very interesting assessments!

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +1

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @annemariemiguel2541
    @annemariemiguel2541 10 місяців тому +1

    Excellent discussion

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @jmcmob608
    @jmcmob608 10 місяців тому +5

    Thank you very much...

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @Gerald-f5q
    @Gerald-f5q 10 місяців тому +3

    Very informative,which I appreciate.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +1

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @tagsoneveryting
    @tagsoneveryting 10 місяців тому +2

    I'd like to see Felix Zulauf , Michael Howell, Peter Gandich and Justin Huhn.
    Topics Commodities markets like Urainum, Gold, Oil, Nat Gas, Marco Economics

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +1

      It's Jimmy Connor, thanks for the comment and for the suggestions!

    • @tagsoneveryting
      @tagsoneveryting 10 місяців тому

      @@BloorStreetCapitalYou're Welcome. I'm subscribed to your channel too. Great content keep up the good work.

    • @patricklafontaine137
      @patricklafontaine137 10 місяців тому

      Would love to see Felix. He's a little outlandish at times but I would like to hear what he is saying about this raging bull.

  • @sebastianburnaz6760
    @sebastianburnaz6760 9 місяців тому

    Thank you!

  • @houseboatin
    @houseboatin 10 місяців тому +3

    RR/SPROTT lost me THOUSANDS...Forgot to read between the lines; "*Investments may lose value."

  • @b4bmm
    @b4bmm 10 місяців тому +12

    Does Rick say anything new here to his last 50 interviews?

    • @chrisdowns422
      @chrisdowns422 10 місяців тому +5

      No. Except Rick says he wants to move.

    • @benjaminmoore8623
      @benjaminmoore8623 10 місяців тому +1

      It doesn't hurt learning the mantra. It's VERY difficult to be a contrarian in practice and manage your emotions when most of your portfolio is in red....

    • @App12-qk3xq
      @App12-qk3xq 10 місяців тому +1

      ​​@@chrisdowns422yeah cause he refuses to pay tax.
      Oh and he's stepped out his gold to the moon by another year. 😂😂😂

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment/question. The one thing I have not heard him say before is that he likes gold but does not see it moving this year and doesn't expect a positive move until 2025.

    • @b4bmm
      @b4bmm 10 місяців тому

      @@BloorStreetCapital Every interview he does he talks about gold and that he's not interested in gold going to $2200 or $2500 he owns gold for insurance if things go bad. he hopes things dont go bad but if they do that's what his gold holdings are for.

  • @Bilgeadam111
    @Bilgeadam111 10 місяців тому +1

    My favourite oil stocks at the moment are i3E and BP. Good luck everyone!

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @vincentchai9536
    @vincentchai9536 10 місяців тому +5

    David Rosenberg. No Harry Dent please.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and suggestion! We will work on David and keep you posted!

  • @House-fp4sg
    @House-fp4sg 9 місяців тому

    Rick is awesome!!!

  • @gbs51
    @gbs51 9 місяців тому

    Great video!!!

  • @joeking6763
    @joeking6763 10 місяців тому +2

    As a suggestion - Melody Wright - deserves another episode.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and suggestion. I will discuss it with the team!

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 10 місяців тому +3

    who likes fishing. I don't like killing fish. Where i grew up we had thousands of lake. I used to like to watch the fish. I did fish but later i just couldn't kill them. they are so beautiful.

    • @animalsarebeautifulpeople3094
      @animalsarebeautifulpeople3094 8 місяців тому +1

      No need to kill any animals. We kill 2.7 trillion sea animals every year destroying the ocean eco system yet these 8 billion fish eaters won't stop eating fish... but virtue signal by not using plastic straws.

    • @animalsarebeautifulpeople3094
      @animalsarebeautifulpeople3094 8 місяців тому +1

      Please do not fish then let them go. Not only dies it give them a huge fright but often injures them so they die anyways

  • @garypowell9006
    @garypowell9006 9 місяців тому

    I would love to see an interview with Sir Steven Wilkinson.

  • @rogerburn5132
    @rogerburn5132 10 місяців тому +6

    Were is Adam????? Adam is the BEST 👍👍👍👍👍

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment/question Roger but I'm not sure who you are referring to.

    • @candacelenz2019
      @candacelenz2019 10 місяців тому +1

      He left Wealthion. Launched out on his own. Thoughtful Money.

    • @rogerburn5132
      @rogerburn5132 10 місяців тому

      @@candacelenz2019 this is strange because Adam started Wealthion . Unless he sold the site to someone else

    • @candacelenz2019
      @candacelenz2019 10 місяців тому

      @@rogerburn5132 he was the idea/creator behind wealthion and CEO, but not the actual owner. Now he has both , he owns and controls his new program.

    • @ronaldwoods8979
      @ronaldwoods8979 10 місяців тому

      The best thing Wealthion did was get rid of Adam. He likes to hear himself pontificate about the market.

  • @rogerburn5132
    @rogerburn5132 10 місяців тому +3

    Rick Rule is Brilliant as Always Brilliant information 👍👍👍👍👍

  • @aaronb8698
    @aaronb8698 10 місяців тому +1

    The price of fule has a intervenes link between gold mines and gold production, as you are investing most of your money into burning fule in a tractor, than pulling gold out of the ground. Wars in the middel east dont always help this prosses. But if there's a bank crisis these stocks start looking real nice in less than a few hours.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment Aaron and for taking the time to view our content!

  • @kludgedude
    @kludgedude 10 місяців тому +1

    Why use gold when we have $?

  • @ELIOSANFELIU
    @ELIOSANFELIU 10 місяців тому +1

    Rick Rule has a powerful weapon::Long term vision¡¡

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @CJ-yc7db
    @CJ-yc7db 10 місяців тому +1

    That would be great. An interview on a fishing trip in BC

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment! I agree, providing the water is not too rough.

    • @ronaldwoods8979
      @ronaldwoods8979 10 місяців тому

      ha yeh wud love to see that

  • @JohnnysWorld777
    @JohnnysWorld777 10 місяців тому +3

    Rick, you say that we can send you our natural resources portfolio for you to look at but based on my personal experience, this is not true. I sent you my portfolio over a year ago and I'm still waiting to hear from you. If you don’t do what you say you're going to do, why should we trust you?

    • @ronaldwoods8979
      @ronaldwoods8979 10 місяців тому +1

      yeh me too

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment! I will bring this to his attention.

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 10 місяців тому +2

    how about moving to argentina some day.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      I would love to! An amazing country with an amazing culture!

    • @PeterErikson-rd5tj
      @PeterErikson-rd5tj 10 місяців тому +2

      I thought aboit it . Even if you rent an Apt. for $250 a month and use it a a second home while you scope out all the options. Food is cheep as well.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      @@PeterErikson-rd5tj And beautiful scenery!

  • @movado242
    @movado242 10 місяців тому +3

    Microsoft, google, and Amazon didn’t just pop out of some garage with some pimply faced kids but that’s what they would like for you to believe

  • @donaldduck926
    @donaldduck926 10 місяців тому +2

    Rick Rule rules,

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yes he does!

  • @donwithrow8168
    @donwithrow8168 10 місяців тому

    Just like Interest Rates stayed LOW for 15 years. Interest Rates will stay HIGH for 15+ years. Raising rates is not necessary. Just keeping them at 4-5% for 15 years will do the trick.

  • @peterkurth933
    @peterkurth933 10 місяців тому +2

    In 2020 I bought 5 random companies and keep averaging down in them. I just hope one day Mr rule is right

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment Peter! What companies did you buy?

    • @peterkurth933
      @peterkurth933 10 місяців тому

      Hi Jimmy, longtime no see. Go fuck yourself. All the best, peter

  • @goldismoney5899
    @goldismoney5899 10 місяців тому +2

    Some of us have been in the mining stocks for a long time. They have been "cheap" for years. Rick may be elated by the price, but that assumes one can time market bottoms correctly. Most people cannot do that. These markets are managed by the bankers. It is a rigged game. Gold IS money.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Agreed, gold is money!

  • @erickieffer4639
    @erickieffer4639 3 місяці тому

    ....and look at the economy Now!

  • @metrocabinet
    @metrocabinet 10 місяців тому

    Squawk Box is the number one business show in the world. Rick Santelli would be a great guest he knows the markets he's well-known and I think his insight would be pertinent

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 10 місяців тому

    that is calling inflation with a sexy name quantitative

  • @florianewu7256
    @florianewu7256 10 місяців тому +1

    Brilliant idea; include our taxes to the CPI. As the government spends irresponsibly like an addict; our taxes will increase dramatically…

  • @kludgedude
    @kludgedude 10 місяців тому +2

    Out of control spending is why the eCONomy appears to be doing well

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +1

      It's Jimmy Connor, thanks for the comment and great point! It's amazing what you can accomplish with a few trillion.

  • @itzfifson6140
    @itzfifson6140 9 місяців тому

    90% physical 10% spec miners

  • @Baystreetsilver
    @Baystreetsilver 10 місяців тому

    when does it mention silver is the new uranium.

  • @joesilver1850
    @joesilver1850 10 місяців тому +1

    For a future guest I recommend a fellow by the name of Adam T. 😢

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and taking the time to view our content! Apologies but Adam who?

  • @bullishforgold8790
    @bullishforgold8790 10 місяців тому +1

    Thanks Jimmy and Rick but I have agree with Jimmy in that the gold price is artificially high because of CB buying. Gold stocks tell you everything you need to know.

  • @Bob-cd5pp
    @Bob-cd5pp 10 місяців тому +3

    I am Betting on OIL

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment Bob and for taking the time to view our content! I am with you however, I am surprised it's not above $100 given what's happening in the world.

  • @robertjosan
    @robertjosan 10 місяців тому

    There is “ALOT” of Geopolitical risk in the world, Ukraine , Israel , potential Middle East regional war , China/Taiwan and a weak US president , an election coming that’s going to create a lot of opposing angry feelings regardless who wins ; all that adds up to higher gold and silver in the near future.

  • @baibamennika8625
    @baibamennika8625 10 місяців тому

    How many Americans know or care about lets say the difference between white and brown eggs? Even not mentioned from heans and their keeping standard behind!

  • @baibamennika8625
    @baibamennika8625 10 місяців тому

    Private business does not get better it looses also quality. Ofcourse if for you " Made in America" is less important compared to " Served and government imposed",.

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 10 місяців тому +1

    economies that have inflation isn't a great economy.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      You will always have inflation it's just a matter of how much. We complain about inflation at 5 or 10% but check out Turkey or Argentina.

  • @Bonescratcher
    @Bonescratcher 10 місяців тому +1

    Bring Lyn Alden on your show

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I would love to chat with Lyn!

  • @davidanalyst671
    @davidanalyst671 10 місяців тому +1

    I want wealthion to interview putin. The going rate is around 1 million for an interview, and we will all know that Adam Taggart and thoughtful money give better interviews.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and suggestions David.

  • @johnwong8336
    @johnwong8336 10 місяців тому +1

    rick has made his easy money in uranium now e is in silver so talking silver up now .

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 10 місяців тому

    why don't you move to puerto rico

  • @KBTadieh
    @KBTadieh 10 місяців тому +4

    Uranium 🤣🤣🤣🤣🤣
    How many of you have gone BROKE listening to these old people talking about gold and all the old stuff?

    • @kludgedude
      @kludgedude 10 місяців тому +2

      recently uranium has done well.

    • @wimvanaerde6249
      @wimvanaerde6249 10 місяців тому +1

      Exactly

    • @chrisdowns422
      @chrisdowns422 10 місяців тому +1

      I (almost) only invest in companies that have actual $$$ earnings. It takes much longer to go broke that way.

    • @interests1094
      @interests1094 10 місяців тому +3

      I have lost tens of thousands in commodity type stocks. It’s a gamble. I don’t want to give up investing but luck plays a part. Sometimes I trade stock options too. You need mad patience to gain from the markets. I ain’t in commodity stocks no thanks.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +1

      @@kludgedude Boom!

  • @TonVerschoren
    @TonVerschoren 10 місяців тому +2

    Different times now ,gold silver are old stuff and don’t work anymore,moreover JPMorgan rules the world whit its paper derivatives contracts dumping again and again

    • @wimvanaerde6249
      @wimvanaerde6249 10 місяців тому

      It's beginning to look like that yes, greetings from belgium

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +1

      It's Jimmy Connor, thanks for the comment! I agree in that it doesn't have the significance it did 10 r 20 years ago but I think it still deserves a spot in the portfolio (physical and some quality producers and royalties).

    • @aaronb8698
      @aaronb8698 10 місяців тому

      You can only write so many bad checks before someone wants to cash them. One day people could wake up and realize they don't need a goverment running there life or spending all there time and money just to lie to them.

    • @srypWned
      @srypWned 10 місяців тому

      old stuff? its the only thing people will trust when shit hits the fan… All other financial assets can go to 0 and eventually will…

  • @App12-qk3xq
    @App12-qk3xq 10 місяців тому +2

    People are more interested in pancake coin meaning that his thesis is out the window.

  • @davidhemsted5372
    @davidhemsted5372 10 місяців тому +1

    Richard Duncan on AI

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and suggestion David!

  • @C_Mor_Rocks
    @C_Mor_Rocks 10 місяців тому +2

    Greg Manarino needs an interview

  • @vijjreddy
    @vijjreddy 10 місяців тому +1

    OH YES, ONE OF THESE DAYS JANET YELLEN WOULD PUT OUT A BUNCH OF BILLS, NOTES AND BONDS AND FIND SHE HAS NO BIDS FOR ANY OF THOSE - SORT OF DAY OF ENLIGHTENMENT FOR USA...

  • @martinithechobit
    @martinithechobit 10 місяців тому +1

    RICK RULES!.

  • @andrewhill1251
    @andrewhill1251 10 місяців тому +1

    If gold is propped up by central bank buying, why would silver follow? Central banks don't buy silver.

    • @aaronb8698
      @aaronb8698 10 місяців тому

      Us milliary dose.
      In 1976 the FPA determined that the Nation's silver stockpile of 139.5 million troy ounces exceeds national defense requirements.
      During ww2 they had to do a nation wide collection.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому +1

      It's Jimmy Connor, thanks for the comment/question Andrew. I suggested that CBs are holding up the gold price not Rick. IMO, the stocks are reflecting the true value of gold which is below $2000. Rick is bullish on silver but I'm not.

    • @andrewhill1251
      @andrewhill1251 10 місяців тому +1

      @@BloorStreetCapital I would argue that the true value of gold is the price at which it's trading. I would also argue that with CB purchases driving the gold market, the concept of a gold/silver ratio is dead.

  • @lancemairs4956
    @lancemairs4956 10 місяців тому +1

    Not hedonistically rather hedontically...

  • @robertk1834
    @robertk1834 10 місяців тому

    Rick saving this entire interview with a scathing and factual analysis of how useless the CPI is! US economy is not 'doing well'

  • @App12-qk3xq
    @App12-qk3xq 10 місяців тому +5

    Oh god he doesn't know when to bugger off into the sunset. The biggest promoter on the web. But only promotes his pals.
    Pay your way Rick equal to the amount of money you have instead of hiding from it.
    Joke.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment. Please let us know who else you would like to hear from.

    • @App12-qk3xq
      @App12-qk3xq 10 місяців тому +2

      ​@@BloorStreetCapital I'd like to hear people who aren't smug and think it's funny that they've been telling people for 3yrs it's going up but now it's not sucked in I get to buy it cheaper.
      This guy needs a serious humbling.

  • @optionfinder3663
    @optionfinder3663 10 місяців тому +1

    I believe true inflation is 11%. I am trying to beat 11% so as to beat the debasement of the currency. The debasement must pick up due to the current national debt situation. This is why 8% gold isn't high enough. You are still going backwards.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment Brian and for taking the time to view our content! I agree 100%! Inflation is much higher then the gov purports and when you factor inflation into your inflation decisions it is almost impossible to beat it.

  • @broersverband7586
    @broersverband7586 10 місяців тому +4

    This is a pointless discussion as nothing is going to change and IF ther is a crash everything is then over and done this is just all guess work about nothing

  • @beauroode7844
    @beauroode7844 10 місяців тому +1

    I've been hearing this for years. Crypto is swallowing up the precious metals market bc of its speed of use and value transfer superiority.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and taking the time to view our content! No one can argue your point. Bitcoin has crushed gold.

  • @gavintfrye
    @gavintfrye 8 місяців тому

    Rafi farber, Mario Maneco64,

  • @Hawka-Loogy
    @Hawka-Loogy 10 місяців тому +1

    I call BS. Gold is Not volatile and is not nor ever has it made exceptional ROI.

  • @michaelbrown5311
    @michaelbrown5311 10 місяців тому +1

    He had me until he mentioned silver.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @tonysmith6641
    @tonysmith6641 9 місяців тому

    World’s richest draft dodger. Care to refute?

  • @nickastone6158
    @nickastone6158 10 місяців тому +1

    How does rick think $20/hr is 'a stupendous wage'? Rick too wrapped up in his own importance.

  • @apd2403
    @apd2403 10 місяців тому

    Get Adam Tagert back on the show or else I am going to do something very bad

    • @bregulon
      @bregulon 10 місяців тому +4

      He has his own channel now, Thoughtful Money.

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment and taking the time to view our content!

    • @ronaldwoods8979
      @ronaldwoods8979 10 місяців тому +1

      Adam's a short. Glad he's gone. Would never let the guest speak.

    • @stevenoliver7120
      @stevenoliver7120 10 місяців тому

      I like the guy but he was always too bearish for me.

    • @goldismoney5899
      @goldismoney5899 10 місяців тому

      What will you do?

  • @irajyaghootifam3635
    @irajyaghootifam3635 10 місяців тому +1

    I have heard ,these things for few years ,
    Silver to $ 3000.00
    Gold ,$ 30,000.00 all nonsense, nothing come through .all talk
    With out any base and logics . 😊

  • @Kouros-t6d
    @Kouros-t6d 10 місяців тому +1

    The problem is that PM's keep going down while Bitcoin keep going up

    • @BloorStreetCapital
      @BloorStreetCapital 10 місяців тому

      It's Jimmy Connor, thanks for the comment! So true! What's your take on this? Why do PMs go down and BTC up?