YahooFinance/Jing Pan/7-3-2022
“‘I think we’ll continue to see prices going up for most of the remainder of the decade,’ he told MoneyWise. To preserve your purchasing power, Rule points to gold and silver, which can’t be printed out of thin air like fiat money. ‘I think that an investor who does not have some of his or her wealth in precious metals or precious metals equities are making an extraordinary mistake,’ he cautions.”
USAGOLD note: Rule believes the Fed will back off because of the damage it will inflict on various balance sheets. He also likes cash saying it gives investors “the ability to take advantage of moments of illiquidity.”
