WTFinance

Unsustainable Government Spending Leading to Default? with Rick Rule


Listen Later

Interview recorded - 16th of October, 2024

Rick Bootcamp -  http://bootcamp.ruleclassroom.com

On this episode of the WTFinance podcast I had the pleasure of welcoming back Rick Rule. Rick is the Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business.

During our conversation we spoke about the outlook for the economy, the unaffordable pension plans, concentration of wealth, Trump tariffs, China's rise, base metals, resource underinvestment and more. I hope you enjoy!

0:00 - Introduction
1:08 - Rick’s outlook on the economy?
2:42 - Low interest rates that major driver?
9:22 - Governments can’t afford pensions
11:42 - What does future look like?
14:08 - Concentration of wealth
18:01 - Trump tariffs
20:10 - Will capital continue to be rewarded?
22:00 - Base metals
24:20 - China opaque credit
25:40 - Resource underinvestment
29:20 - Right return for project
31:00 - US Shale
35:22 - Miners to benefit?
38:10 - Resource M&A
39:55 - Cutting costs
42:00 - One message to takeaway from conversation?

Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.

Rick Rule - 

Twitter - https://twitter.com/RealRickRule
LinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/
Website - https://ruleinvestmentmedia.com/
Seminar - https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=WTFinance

WTFinance -

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

...more
View all episodesView all episodes
Download on the App Store

WTFinanceBy Anthony Fatseas

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

17 ratings


More shows like WTFinance

View all
Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,058 Listeners

Hidden Forces by Demetri Kofinas

Hidden Forces

1,436 Listeners

Hedgeye Podcasts by Hedgeye Risk Management

Hedgeye Podcasts

197 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

252 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

363 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

460 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,351 Listeners

Supply Shock by Blockworks

Supply Shock

115 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

383 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

71 Listeners

Forward Guidance by Blockworks

Forward Guidance

274 Listeners

The Julia La Roche Show by Julia La Roche

The Julia La Roche Show

55 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

371 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

34 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

91 Listeners