Rick Rule: Gold’s Surge, Nickel’s Bottom, Uranium’s Opportunity

Rick Rule addresses the U.S. government’s massive debt, exceeding $130 trillion, and its economic fallout, dismissing current efforts to fix it as ineffective. He argued that political showmanship trumps real action, leaving the country vulnerable. “Not a prayer, it’s theater… read The Triumph of Politics by David Stockman,” he said, pointing to a deep-rooted avoidance of tough choices.

Rick forecasted that inflation will slash the dollar’s value, as it did in the 1970s by 75% in ten years, eroding benefits like Social Security in real terms. “They inflate away the net present value… there is no arithmetic alternative,” he stated, calling it the only feasible path. He urged saving in physical gold to counter the instability of fiat currencies.