In this episode of “Monthly Wrap Up” hosted by Craig Hemke, guest Rick Rule discusses the events of September and the broader economic landscape. They touch on the recent Fed decisions, potential impacts of higher interest rates, the state of the U.S. economy, and inflation. Rick Rule emphasizes the importance of a long-term investment perspective, particularly regarding gold as a safeguard against currency depreciation and economic uncertainty.
“I own gold because I personally am afraid about the maintenance of purchasing power in my own savings, relative to fiat-denominated investment products. I own gold as an insurance product. I remember well the decade of the 70s, and I’m too old to earn it back. That’s why I own gold.”
LISTEN TO THE PODCAST HERE (or watch the video format below).
