Rick Rule: I'm Delighted Gold Stocks Are Falling

💡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 You Asked, Rick Rule Answers….  Rick tells Trey 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%. 💡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 Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #PortfolioReview #InvestmentAdvice #FinancialPlanning #WealthManagement #RickRule #Trey #Gold #GoldStocks #GoldMining #MergersAndAcquisitions #HardAssets #Commodities ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.   While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.   We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.   The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices