Nov 5, 2021
Summary:
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.
Highlights:
-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