Rick Rule
Person
Rick Rule is an investor and speculator who founded and leads Rule Investment Media. He has spent his career in the securities business, with a particular focus on natural-resource securities and mining investments.
What Rick Rule has said on podcasts
31 statements
Market control of long-term yields would strengthen the dollar and weaken gold.
“if the market continues to exert control over the long end of the US yield curve, in other words, if the market proves more powerful than the Fed, that in the interim you will see a stronger US dollar and perhaps a weaker gold price”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 10:56
A durable armistice would cause oil prices to fall sharply.
“you'd find the oil price fall precipitously.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 11:40
A durable armistice would cause oil prices to fall sharply.
“you'd find the oil price fall precipitously”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 11:40
Markets will ultimately overcome geopolitical political interference, though messily.
“markets will work over politics. It's just that the process will be very messy.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 13:29
The United States could compete with China by adopting China’s tax code.
“If the United States really wanted to compete with the Chinese, all we would have to do is copy their tax code.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 15:55
Businesspeople currently have more freedom in China than in the United States.
“business people have much more freedom in communist China than they do in the US.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 19:06
Copper production costs will rise in the very near term.
“in the very near term, the cost of producing copper is gonna go up”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 19:45
Higher copper production costs do not necessarily raise copper prices.
“the copper price doesn't have to go up”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 20:35
Higher copper production costs can reduce shareholder returns.
“The delta comes out of the shareholders.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 21:08
Consuming nations will develop workarounds that ease supply problems.
“I suspect that we will begin to solve some of the supply problems simply because the consuming nations will begin to understand that they have a stake in the fight”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 23:04
A severe global slowdown would reduce copper demand and prices.
“if, as an example, as a consequence of prolonged high energy prices the world tipped into a synchronized global recession or depression, a real economic slowdown. Copper's very economically sensitive.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 25:14
Fiat-currency depreciation exceeding savings yields harms savers.
“When the deterioration of the purchasing power of fiat currencies is greater than the interest yield on savings products denominated in those currencies, we have an ugly circumstance.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 27:26
The economy will experience a replay of the 1970s inflationary environment.
“my operating premise is that we are in for some form of replay of what we experienced in the '70s”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 29:20
The US will experience a 1970s-style inflationary monetary episode.
“we are in for some form of replay of what we experienced in the '70s”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 29:24
Gold could rise three- to fourfold as the dollar loses purchasing power.
“I wouldn't be surprised if the nominal price of gold, which is to say the price of gold in US dollar terms, mirrored the decline in the purchasing power of the US dollar. Hence, a 75% decline in purchasing power could easily be accompanied by a 3 or 4-fold nominal increase in the gold price.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 31:00
A 75% dollar purchasing-power decline could accompany a three- to fourfold gold-price increase.
“a 75% decline in purchasing power could easily be accompanied by a 3 or 4-fold nominal increase in the gold price.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 31:10
Higher copper prices encourage more efficient copper use.
“higher copper prices allow us to fabricate things that use copper more efficiently.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 32:08
Investors should not rely on industrial commodities repeating 1970s performance.
“I don't think that from a portfolio point of view, you should count on it.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 33:23
Gold’s nominal price will resume increasing.
“I believe that we will see a resumption in the increase in the nominal price of gold”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 36:58
Silver will lead precious-metals prices after generalist investors enter.
“when that momentum is sufficient to attract the generalists into the precious metals space, the price leadership will again change to silver”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 37:04
The lithium market remains too optimistic for contrarian buying.
“There's still much too much hope in the lithium market.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 37:31
Lithium producers are currently profitable at prevailing prices.
“the lithium producers are profitable at current lithium prices.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 37:39
Successful direct lithium extraction would intensify lithium-market pessimism.
“if that technology does work, in terms of hate, you ain't seen nothing yet.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 38:50
Rick Rule would consider investing in Iran and Russia.
“I might be exploring investing in Iran. I might be exploring investing in Russia.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 39:12
Holding periods shorter than a project’s development timeline likely prevent profits.
“the dichotomy between the time required profit and the time allocated to profit almost certainly guarantees no profit.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 47:41
Most listeners should emphasize gold investments.
“the place that most of your listeners should emphasize would be gold.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 50:15
Battle Bank is now operating as a real bank.
“we're a real bank.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 50:42
Battle Bank will not expand beyond the United States and Canada initially.
“we will not expand outside the United States and Canada.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 52:45
EU and British banking regulation has probably deteriorated rapidly.
“I would suspect that the regulatory regime in the EU and Great Britain has probably degraded as rapidly as the regulatory infrastructure in the U.S.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 53:04
Rick Rule is buying sub-$200 million offshore oil-and-gas explorers.
“I am buying microcap, so sub-$200 million market caps, companies involved in offshore oil and gas exploration in frontier and emerging markets”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 55:26
Silver investors should invest in Mexico.
“if you're a silver investor, and you're not invested in Mexico, you're not a silver investor.”
Open the episode · S12 Ep5: Sunday Roast featuring Rick Rule, Investor, Speculator, Founder & CEO of Rule Investment Media #QDE #80M #INC #REV #AJAX #AFP #GWMOListen at 57:03
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
