The Julia La Roche Show

#098 Rick Rule: 'Potent And Very Ugly Cocktail' In A Rising Interest Rate Environment


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Investor and speculator Rick Rule, president and CEO of Rule Investment Media and co-founder of Battle Bank, returns to the show for episode 98, featuring a discussion on the macro environment.

Rule, who has 50 years of investing experience, looks at the macro picture from the lens of a credit analyst. He's long-term optimistic but short-term pessimistic.
0:00 Intro
0:59 Macro picture
2:30 Arithmetic of the deterioration in purchasing power
4:10 Rich Men North of Richmond
5:20 Rule’s savings losing purchasing power at about 7% compounded
7:00 Severe but survivable
10:45 What is the fair value of gold?
12:50 No one size fits all for how to own gold
15:20 Arithmetic around long bonds is lousy
19:40 Underlying economy has been amazingly strong
22:47 A richer world is good for everyone
23:40 Future for younger generations

...more
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The Julia La Roche ShowBy Julia La Roche

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