The world economy rolled over in 2018. It's been nothing but a money print since September of 2019. Inflate or die is what's happening now. We've been in a recession for almost 4 years but it's a secret. 😂
Say that Trump wins. He would be wise to pop the bubble immediately, blame it on Biden and have the markets in tip-top shape for next presidential election. P.S. Very dramatic background 👍
Great audio! What Rick said about housing priced in gold is very important I've been watching it. Gold goes up when house prices go down. If you take the average house price and divide it by the CPI there is still room for housing to drop or inflation to drop and housing stay stable. As a builder I watch homes around my neighborhood and a lot have been for sale, not selling and they keep building. On the 17th housing starts will be released. I would suspect that number to come in lower which is great for gold. I personally called for 2450 gold in 2022 when I was buying at 1600. So it reached my target. I'm more interested in the miners playing catch up than I am the gold price going up.
The part at 7:00 is chilling "I would ask your listeners to concern themselves with something else too... which is high yield debt. There are trillions of dollars in so-called "junk bonds" that are in income ETFs owned by middle America... the problem is that the ETFs are extremely liquid they trade like water... but the underlying assets are extremely illiquid. If middle America begins to have a concern with credit quality, I'm not they will but if they do, and they begin to sell these ETFs, the ETFs must sell the underlying bonds to raise the money for redemptions, and the underlying bonds are very illiquid. This potentially is a run on a bank with no Fed to save anybody, and if I had to think about something that scares me, that's it."
Great interview! However, I need to correct something that Rick said at about 7:40. ETFs actually don't sell the underlying bonds; although, that is what mutual funds do. ETFs have a mechanism in which authorized participants swap large pre-set baskets of the underlying for shares of the ETF and vice-versa, depending on whether the underlying bonds or the ETF is trading more expensively than the other i.e., whether the ETF is trading at a premium or discount to its underlying assets. So it is actually the authorized participants that would exchange a lot of the ETF shares for a basket of the underlying bonds, and then the AP would sell the underlying bonds. While the end result is similar to what Rick says, he wasn't quite accurate in the mechanism. Otherwise, great talk!
Rare Earths have been found in coal in Wyoming. Ramaco an Eastern Met Coal producer owns property and working with independent and government labs. Their head of the division is a PHD who did his thesis on rare earths in Wyoming. They originally bought the propertgy to make graphite from the coal and then the Govenment lab in TN found the RE cocentrations in the coal samples.
Good ask. I'm asking myself the same question. Do you know if [some type of] Securities in Battle Bank are or will be available? I cannot see a scenario where I'd be interested in taking out a Loan from Battle Bank; but, I would like to invest in the potential for Battle Bank's profitability.
Charlotte seems so kind, and is very smart. Always informative....I watch almost all her interviews. Please interview Peter Schiff and grill him on the unbelievable success of Bitcoin.
Goldman Sachs is going to say very little. Most people don't understand the complicated language of money anyway. No one who has power over the financial syetem or monetary stability will say anything as they continue to manipulate the whole thing. It's so massive with the many organizations that are involved plus the terminolgy.
Powell said on Monday that recent data “add somewhat to confidence” that inflation is returning to target and that the central bank will not wait until inflation hits 2% before cutting rates. 😍😍🥰🥰🤩🤩
Yup the tokenization of gold. There is quite he arms race to develop that industry and the ISO20022 tokens are poised to also benefit greatly, in terms of gold, particularly XDC.
The Confluence of today Compared to the 70s may ring a little Louder ! Economies are so large you hope there's Plenty to Cover ! Weighted Market Recovery Pincers are Still at Bay But have been moving up the ladder from Low, mid, to Upper Tiers !
Years ago, I ran a windmill co. Suddenly, they realized the monopoly they had in the rare earth elements in their magnets, probably cost me 4%, because of my signed contracts
I would put „the big silver short“ out of the shot in the end. That book is just awful and looks like a self reinforcing madness to any uneducated view , which is what any book should target .
Rule is a fool if he believes the banks don’t manipulate markets, all markets! What planets have been living on or maybe he’s one of them. They don’t have to have the legitimized system to manipulate and only an idiot would believe that, and Rule’s no idiot. So, I won’t say what he’s up to, but it is pleasant..
of course they manipulate the markets as much as they can - but their power isn't as great as most "conspiracy theorists" seem to believe it is. The level of manipulation isn't absolute, by any measure.
❓Do you think a recession is coming in the US? Tell us in the comments!
I think we're already in a recession. I suppose it depends on how a person defined the word recession.
@@_Thoughtful_Aquarius_ agreed. we already in one!
100%, the inverted yield curve does not lie. Psalm rule also about to be triggered.
The world economy rolled over in 2018.
It's been nothing but a money print since September of 2019. Inflate or die is what's happening now.
We've been in a recession for almost 4 years but it's a secret. 😂
Say that Trump wins. He would be wise to pop the bubble immediately, blame it on Biden and have the markets in tip-top shape for next presidential election.
P.S. Very dramatic background 👍
Thanks Charlotte for the new interview with Rick Rule.👍👍
Great audio! What Rick said about housing priced in gold is very important I've been watching it. Gold goes up when house prices go down. If you take the average house price and divide it by the CPI there is still room for housing to drop or inflation to drop and housing stay stable. As a builder I watch homes around my neighborhood and a lot have been for sale, not selling and they keep building. On the 17th housing starts will be released. I would suspect that number to come in lower which is great for gold. I personally called for 2450 gold in 2022 when I was buying at 1600. So it reached my target. I'm more interested in the miners playing catch up than I am the gold price going up.
So well done! This may be Charlotte's and Rick's best interviews (all guests and interviewers included). Relaxed is wonderful!
Well done Charlotte! It was cool to meet you at the Symposium. Your background looks really nice! I need to take a page out of your book.
Absolutely brilliant discussion. Charlotte's Rick Rule interview's are her best, hands down.
The part at 7:00 is chilling
"I would ask your listeners to concern themselves with something else too... which is high yield debt. There are trillions of dollars in so-called "junk bonds" that are in income ETFs owned by middle America... the problem is that the ETFs are extremely liquid they trade like water... but the underlying assets are extremely illiquid. If middle America begins to have a concern with credit quality, I'm not they will but if they do, and they begin to sell these ETFs, the ETFs must sell the underlying bonds to raise the money for redemptions, and the underlying bonds are very illiquid. This potentially is a run on a bank with no Fed to save anybody, and if I had to think about something that scares me, that's it."
Potential problem with no solution.
Excellent content as always. Thanks Charlotte. 👍🇺🇸
Great interview! However, I need to correct something that Rick said at about 7:40. ETFs actually don't sell the underlying bonds; although, that is what mutual funds do. ETFs have a mechanism in which authorized participants swap large pre-set baskets of the underlying for shares of the ETF and vice-versa, depending on whether the underlying bonds or the ETF is trading more expensively than the other i.e., whether the ETF is trading at a premium or discount to its underlying assets. So it is actually the authorized participants that would exchange a lot of the ETF shares for a basket of the underlying bonds, and then the AP would sell the underlying bonds. While the end result is similar to what Rick says, he wasn't quite accurate in the mechanism. Otherwise, great talk!
Great Questions. Charlotte. You get better and better
I'm glad to hear that I am not the only one who prices houses in gold and not currency!
Thank you CM, better to hear some scary news and prepare than to be totally caught off guard in the near future.
Rick KNOWS 👍🏼👍🏼
Thank you 🎉🎉🎉🎉
I wonder what made them pick "solar chromosphere" as the background?
Charlotte looking lovely today and asking intelligent questions as always.
I don't know ..Thanks great interview!
great content as always... keep up the great work Charlotte !
Interesting take on Goviex and Orano.
The bifurcation is between those with skyrocketing assets and those with relatively fixed incomes. The haves and have nots.
I like seeing things done right. It gives me inspiration.
Thanks for having me on Jess. Always a pleasure.
Rare Earths have been found in coal in Wyoming. Ramaco an Eastern Met Coal producer owns property and working with independent and government labs. Their head of the division is a PHD who did his thesis on rare earths in Wyoming. They originally bought the propertgy to make graphite from the coal and then the Govenment lab in TN found the RE cocentrations in the coal samples.
Great interview, thank you and Mr. Rule!
Rick, when is Battle Bank opening?
Good ask. I'm asking myself the same question. Do you know if [some type of] Securities in Battle Bank are or will be available? I cannot see a scenario where I'd be interested in taking out a Loan from Battle Bank; but, I would like to invest in the potential for Battle Bank's profitability.
Love your channel, Charlotte!
So, will the gov't be "involved" with this digital gold ?
@4:42 +++ that is close to my take
Good stuff Charlotte.
Pure class. Love it
Does anyone know the ticker symbol for METEORIC ?!
Meteoric's tickers are ASX:MEI and OTC Pink: METOF.
Charlotte seems so kind, and is very smart. Always informative....I watch almost all her interviews. Please interview Peter Schiff and grill him on the unbelievable success of Bitcoin.
I can say, like many other people, that the cost of living is exceptionally high post covid period.
Great interview Sally! Love listening to Rick. I always learn something from him. I think we will have a recession in 2025.
I am a simple man. I see Rick, I click.
Who's making money now? That's the question! Thanks Charlotte McLeod and Rick Rule!
Goldman Sachs is going to say very little. Most people don't understand the complicated language of money anyway.
No one who has power over the financial syetem or monetary stability will say anything as they continue to manipulate the whole thing.
It's so massive with the many organizations that are involved plus the terminolgy.
Powell said on Monday that recent data “add somewhat to confidence” that inflation is returning to target and that the central bank will not wait until inflation hits 2% before cutting rates. 😍😍🥰🥰🤩🤩
7 years rick??? Comex does not have the metals now dude. Stop gaslighting
I’m still waiting for that portfolio grading reply from two weeks ago.
Yup the tokenization of gold. There is quite he arms race to develop that industry and the ISO20022 tokens are poised to also benefit greatly, in terms of gold, particularly XDC.
So nice couple¡¡Thank you¡¡
RickRules
Großartiger Mann Rick Rule 👋
it looks to me we are in a recession
The Confluence of today Compared to the 70s may ring a little Louder ! Economies are so large you hope there's Plenty to Cover ! Weighted Market Recovery Pincers are Still at Bay But have been moving up the ladder from Low, mid, to Upper Tiers !
I like RR a lot, but I am not fan of his shirt 😢
Years ago, I ran a windmill co. Suddenly, they realized the monopoly they had in the rare earth elements in their magnets, probably cost me 4%, because of my signed contracts
wow so cool free lessons how generous thanksx
Im ready for sound money
no government will go with sound money since it takes away their greatest power - the power to print paper money
21:13
Wouldn't the Trump news Saturday be a black swan
Will banks make those low fee transactions, or who?
Banks will only pay face value on gold and silver right now.
Rick all I have to ask did you wife agree on your choice of shorts for today????????????
We the average citizens are in a recession Regardless ck!😳🧐
I would put „the big silver short“ out of the shot in the end. That book is just awful and looks like a self reinforcing madness to any uneducated view , which is what any book should target .
That background is horrible, you guys look like you're in a sandstorm on Mars.
Will you marry me Charlotte? I own 600 lbs of gold.
Yes, a recession is definitely coming... some day.
Rule is a fool if he believes the banks don’t manipulate markets, all markets! What planets have been living on or maybe he’s one of them. They don’t have to have the legitimized system to manipulate and only an idiot would believe that, and Rule’s no idiot. So, I won’t say what he’s up to, but it is pleasant..
of course they manipulate the markets as much as they can - but their power isn't as great as most "conspiracy theorists" seem to believe it is. The level of manipulation isn't absolute, by any measure.