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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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
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