The 'Biggest Black Swan' That 'Scares' Rick Rule

Rick Rule, Rick Rule, Founder of Rule Media, and co-founder of Battle Bank, answers viewer questions, including whether or not the economy is heading into a "global depression", outlook for commodities, and how he picks mining stocks.

*This video was recorded on August 15, 2024

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*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

0:00 - Intro
1:00 - Are we in a recession?
3:30 - Copper
6:35 - Rising debt
12:20 - Building prosperity
15:00 - Inflation
17:50 - Market sentiment
21:26 - Liquidity concerns
24:33 - Mining stocks
30:15 - Mining M&A
34:00 - Commodities and AI
38:00 - Copper deficits
40:30 - Rick's stock picking strategy
44:50 - Rick Rule's bootcamp

#economy #investing #stocks

[TheDavidLinReport]

Rick Rule answers viewers' questions. Submit your own in the comments below for next time!

[Jamesjerome]

I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .

[brainkill]

Always love listening to Rick, but don’t sell yourself short, David. We come here for you too. Your talent is what brings the guests here as well as the audience. You have a well educated knack from your background to ask poignant questions. One may call them juicy! Thank you for sharing, and I’m with Rick saying that you deserve all of the success you have achieved. Well done!

[fibtrader]

Rick has predicted 17 out of the last 3 recession’s, got to love his honesty. 😂

[Dan-ywsy]

Takes a lot to make me feel stupid, but when he said "I think parenthetically that the disintermediation..." I had to Google that sh*t 😂

[Fidelbr]

I've yet to see a bad interview with Rick Rule. He always has interesting observations and insights of the economy.

[ryanmiller]

Mr. Rules impersonation of an owl bond never gets old. 😆 Very clever

[Hendrown]

Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2021 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 30, 000 dollars. Everyone thought I was delusional. Today, 1 receive 75, 000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams.
God kept to his promises to and for me

[maverickjones]

There’s two economies. Homeowners that refinanced at 2.75% and everyone else. The 25-40% increase in rent and groceries are killing people’s buying power. So half people in recession and half are fine.

[AnithaB-oxiu]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

[geneadaway]

Ah the 70’s; McDonald’s hamburgers 29 cents, cheeseburgers 39 cents.

[countdownxstacy]

Danielle DiMartino said we’ve been in a recession since October of last year.
I’m with her.

[Al-yftm]

A black swan by its very nature, cannot be predicted...

[mme]

Dave we TOTALLY watch you! We are here to watch you David. Your guests are great, too.

[Riskon]

David is a consistently great interviewer. No matter the guest he has great questions that lead to decent viewing and listening.

[ranpru]

David 's humility and interview style is matchless...keep up the good work

[huwhitecavebeast]

I really appreciate how Rick wants to see other people succeed.

[robb]

Rick "ToWhoo, ToWhoo" Rule 😂

[colemant]

Dang... Lin does his homework with Charts and Questions that pulls the unique GOOD STUFF out of his interview Experts (like Rule)... I heard NEW information and opinion from Rule in this interview instead of the Same Old repeated responses. Well done! I'm a Sub.

[TXLionHeart]

There's only one Rule. Listen to Rick.