Rick Rule: I'm Delighted Gold Stocks Are Falling

You Asked, Rick Rule Answers…. 

Rick tells Trey Reik he's delighted to see gold stocks getting weaker, and explains why investors are using the oil price as a "solidly farcical" excuse to avoid buying. He walks through the arithmetic: even if oil pushes mining costs up 9%, Wall Street is pricing gold at $3,500 when it trades near $5,000. Rick also sees a major gold M&A wave coming in the next two to five years as top producers like Newmont scramble to replace production that's already fallen 35-40%.

💡Rick has spent 50 years in resource investing and says the gold M&A cycle is just getting started. Follow along with Wealthion’s Real Assets Community at www.wealthion.com/getready

💡46 hours of programming, 30 years of track record, and a money-back guarantee. Attend Rick Rule's Natural Resource Symposium in Boca Raton this July, in person or via livestream: https://cvent.me/XOqdLa?via=Wealthion

💡Rick Rule believes most people are "finding an excuse to do something wrong" with gold stocks right now. If you're wondering whether that includes you, Wealthion's endorsed advisors offer a free portfolio review at https://bit.ly/3Q3vUys

💡Rick believes the dollar will lose 75% of its purchasing power this decade while gold holds its own. GBI Direct, The Best Way to Invest in Physical Gold and Silver: https://gbidirect.com/?aff=WTH