Rick Rule Proves Gold Is Priced ‘Stupidly Low’ Relative To Inflation Using ‘Motel 6’ Math
What does Motel 6 have to do with gold, the dollar, inflation, and purchasing power? Rick breaks-it down in a way that so few analysts can…
Rick Rule shares with us on SBTV his valuable observations of investing the contrarian way and investor psychology needed to survive a bear market. We find out how Rick views physical gold and other resources that are on his radar at this moment.
Rick Rule is the President & CEO of Sprott USA Holdings(http://www.sprottusa.com).
Discussed in this interview:
01:11 Investing the contrarian way.
04:43 Investor’s psychology in a bear market.
08:11 A bear market is a sale.
10:10 Ascent of man: The need for natural resources.
14:01 Gold: Bear or bull market?
19:24 Gold: An insurance and store of value.
24:47 Geopolitical turmoil no longer move gold prices?
27:35 Deciding between bullion, gold stocks and gold ETFs.
32:58 Other resources on Rick’s radar (nickel, potash, uranium)
37:29 How resource stocks are affected in a financial crisis.
