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Kerry Lutz's--Financial Survival Network

Nov 5, 2021

Rick Rule and I sit down to discuss all things investment in light of the fed giving every indication that they’re going to taper. We discuss the oil and gas industry—which we’re pretty optimistic about—as well as the precious metals and how inflation is affecting jobs. Tune in for more insight from myself and Rick.

-The fed is giving every indication that they intend to taper—gold and silver prices are taking hits
-Rule enjoys security analysis and credit analysis, and likes what he does
-He enjoys looking at the interplay between income statements and balance sheets
-He also enjoys interviewing younger entrepreneurs
-The easiest sector to be optimistic about is the oil/gas business because they are generating substantial free cash flows
-The dividends associated with oil and gas are appealing
-Rule is also attracted to precious metals
-There’s lots of under-investment in things that help us to sustain our lives
-The oil and gas price had to go up based on the cost of production
-Businesses are giving large bonuses—especially in the case of trucking
-Certain McDonalds around the country are paying $18-$20/hr and giving hundreds of dollars as a sign on bonus
-People need a living wage
-The market will resolve itself eventually
-The easy money has been made in Uranium—the incentive price will probably rise significantly in the next few years
-Inflation makes existing resources more economic—it increases barriers to entry
-Inflation is the friend of people that have very large developed resources

Useful Links:
Financial Survival Network
Rule Investment Media