S2E1: Rick Rule on central bank actions and the catastrophic implications for financial markets

What this episode covers

In the first episode of the new season of The Goldnomics Podcast Dave Russell speaks to Rick Rule, former CEO and President of Sprott US Holdings, and now the founder of Rule Investment Media. The legendary precious metals investor highlights the catastrophic implications for financial markets as a result of central banks’ actions. Investors and savers will be interested to hear Rick’s thoughts on how the traditional 60/40 equity-bonds portfolio (the most popular investment strategy for decades) will utterly fail people. And, listen out for how investment into precious metals can protect you from current and upcoming disruptions to global markets. For Rick, we don’t need to worry about gold ‘winning the war’ against bonds and savings products, it just needs to ‘lose less badly’. So how bad are things going to get? Listen to Rick and Dave’s discussion to find out. We have decided to dedicate our second series to chats with market-leading commentators, analysts, stakeholders and investors. There is no way that we can bring you the full picture of all the madness that is going on without the insights of these great minds. Be sure to look at the latest episodes, of this season when we interview the likes of Jim Rogers and Marc Faber.