The idea that three trillion dollars in junk bond ETFs face a disintermediation phase, and the managers can’t sell the underlying instruments, keeps me awake,” says Rick Rule in an interview with Daniela Cambone. He delves into various topics related to the future and the economy, cautioning investors to prepare for potential liquidity events and credit crises. On the role of the U.S. dollar, Rick remains optimistic. “I think that US hegemony would be eroded as opposed to eliminated. I suspect that the so-called BRICS currency will evolve, if it does, into a settlement mechanism rather than a currency.” Additionally, he expresses confidence that the march of technology will continue to bring positive changes and opportunities. Watch the video for more insights.
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📖 CHAPTERS:
0:00 The right mindset for investors
4:00 The future is better
8:37 Fed’s pivot
12:55 How should investors prepare?
15:34 Purchasing power
19:45 US dollar
22:54 CBDC
26:52 Banking crisis
30:41 Banking in Canada
32:44 Liquidity crisis
37:59 Closing remarks
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48 Comments
How can you tell if a bank is well capitalized? I'm a complete novice. What exact question would I ask them? The guest said something about equity? I would not know how to interpret the "state of financial condition" he mentioned. I'll still give it a try though, but I would appreciate any further guidance.
I was all up in arms about derivatives 10 years ago, the fallout from that is still looming , i assume people will flock to real money when this occurs. or perhaps the CBDC will prevail with it's total control and lack of freedom.
Always an interesting and entertaining conversation between Daniela and Rick 🎉
My strategy is to marry a rich widow .😅😅$$$$$$$$$$$
Politicians use prepared PR notes and speech writers.
Rick Rule is special and spot on with everything
The key to combating FEAR is KNOWLEDGE. Fear is that of the unknown and the limits to plan against such unknowns. Knowledge gives one courage over that which at first they did not know. The unknown unknowns shall excite and not influence to apprehension.
This guy is incredibly foolish with MUCH underlying arrogance wanting to "be" the go to guy that is listened to…no…technology does not rescue from human corruption…our trajectory is very very very very bad, and only an arrogant fool truly thinks that the emergence of technological improvements wouldn't be subverted by corrupt leadership in ways that worsen the economy EXACTLY like has been happening by the technology of the media and the technology of vaccines and the technology of social media weren't all compromised to push a corrupt agenda that ruined the US economy, and the global economy as well, hence Germany, the biggest economy in Europe just officially entered into recession by having two consecutive quarters of negative GDP…EXCEPT…when they just reported Q4 of 2023 GDP results as negative, right after having reported Q3 of 2023 GDP as negative…they THEN said oh we're revising Q3 numbers from negative to flat…..to deceive everyone since all eyes are on Germany, since back in 2005, Germany's economy was a massive problem that then rippled out to all the Eurozone, and sure enough, that all comes over to America and that's why in 2006 America went into the Great Financial Crisis….the economy is a wreck, and there is so much grounds for fear that fear might not be the strong enough perspective.
For those that don't know what data to look at, or how to understand it, it's not hard….listen to George Gammon, Rebel Capitalist on YouTube. He's much more honest and not as politically polluted or arrogant as this guy that loves to hear himself talk as an identity problem.
Inflation by nature can never be "falling". ….just sayin'
Somebody will have to pay for our spending…It won't be easy.
Government spending is such an important thing that effects the future of our Country.
I agree that the march of technology will change the world drastically but i am not confident that it will be for the better.
You will own nothing and be happy does not fill me with hope. If Ai is running the world and no information can be trusted then what we have lost may outweigh what we have gained.
Rick's a dick he says brics is backed by nothing and fails to talk about how the usd is too.
Awesome to see Daniela Cambone 🌟
interviewing Ricky Rules ✨️
in this channel as well 💫
Rick Rule is a true treasure!!
It’s my experience, when technology grows mankind becomes worse. Eventually, they want humanity to merge with technology, which will alter our DNA. I believe that is one of the reasons why JESUS will return. If HE doesn’t, humanity will cease to exist.
You will ONLY get the information that the GOV'T wants you to have! 0.01% of the population will control the rest.
I see Rick waffling back and forth. He says we will be better off in 15 years. Then he says, well, not if we have four black swan events in 2024.
I am more and more in debt on a fixed income with prices continually rising for the last four years.
I wanted to hear everything he did to enable him to have no fear of the future. Danielle could have made the interview about that.
I wish that Rick Rule's mic would have been set on a louder volume during this video.
This is the first time I've disagreed with Rick. History is not a an endless forward march of progress. One needs only to look around in the west to see how technology, particularly mobile phones, have enslaved an entire culture. This will only increase. Technological affluence does not mean things will get better. His opinion on this subject is completely out of touch and mirrors a particular sort of atheist, materialist psychology that is running rampant through the world right now.
Maybe the idea of google pooped out of a garage but out of Darpa pooped Google and Facebook. Government favored familys given the lead to push the agenda then favored by the government to take all others out of business.
Rick Rule and Danni!! What a brilliant way to end the year!!
Thanks guys!
Media doesn't talk about this news because 6 mega-globalist corporations own 95% of the Fakestream Media. The talking heads are simply adhering to their marching orders.
A Tesla robot just mauled it's engineer at the plant. Yeah, the future looks real bright. "We're not gonna make it, are we?" – John Connor in Terminator 2.
Most people will be much worse off in 15 years. Think CBDCs, WEF globalist government, vaccine passports/digital ID, 15 minute cities, limited travel allowed, no car ownership, synthetic food, etc. The elites will do just fine though.
It’s not all roses when the wealthy elite are working to control the farmland, food supply and our energy supply in the ruse of climate change.
Unfortunately pslv has done nothing in recent years.
Legard and Warren are hell bent on introducing CBDC system for political control, the disenfranchised system that will control your life, a true Marxist win, thank goodness I’ll never experience this Marxist financial control, they have failed to control the debasement of currency but think they will be able to amend their errors by telling you that your incapable of managing your own cash properly 😮
Rick, But if the Brics back the currency with money? Then we will have a problem?
Money is Gold, Silver and Copper. In the end that is what we will have.
Think of this in 1857, we in the USA went from the large cent, 100% copper to the flying eagle cent.
Much smaller and was a copper nickel coin,
We also had a half cent that ended, that was 100% copper.
That was the first time the USA went bad?
At this point we have a zinc plated copper cent.
Just so people know, the Large Cent was bigger then the Quarter,
Thanks
Daniela is so great to follow!! Such a smart lady
Well, humans are stupid. I have tried to get my honesty through empathy over the ether, but no one is taking the bait in a matter that results in freedom. Humans dont want freedom. That is the probem. Sexual energy is abused as a form of paranormal control over human kind, and to push agenda's. Everyone that doesnt understand himself to that point, is not able to fight their oppressor.
Rick is the best, but we paid into SS and the previous generation benefitted from my payments. I hope it's there when it's my turn.
the only thing that fixes a failing pozi scheme is growth or a new pozi scheme. In short fools prop up a bad system and intelligent people fix it, return the gold standard.
Any currency backed by gold would put the usa dollar in jeopardy becase with credit contractions gold always rises in price and money you know will be worth more tomorrow is better than popular money today even if you owe debt in it.
Every citizen from 1971 to now should be demanding the return of the gold standard as the unconstitutional fed and the crooks rob us more every day and destroy this once beautiful weathy and free country.
Who is this nut?
I paid social security and medicare taxes. It is not my fault that elected officials mismanaged it. So I'm expected to get punished for it while they maintain their fat lifestyle?
Rick is a true treasure to the resource community, keep getting him back on as much as possible.
😂 that “garage” has been the alphabet agencies and DARPA.
Thanks Daniela! Rick is a solid thinker and I trust a lot of what he says when it concerns precious metals. 😊
I always say, I've never heard someone speak with such precision and intent as Mr. Rick Rule. Razor sharp as always 👌
I love Rick Rule. Thankyou Daniela.
What is best way to see a bank's equity?
Unbridled technology will be our UNDOING.
Danielle, your common sense approach and real enthusiasm always shine through! Rick always has such a no -nonsense way of putting things. Between the two of you, I have developed a strategy that has stood me well. Thank you.
We didn’t pay for it? No, 15% of my wages for over 40 years went to FICA.
Merry Christmas to all!
Jesus loves you!
Good conversation but there’s only Joe Biden in the office of POTUS but he kept saying Biden & Trump. I guess that’s somehow playing neutral but the Biden admin has supported massive illegal migration, war and grater debt as has Trudeau. Huge issues in world affairs affecting economy, col, and taxes.