Rick Rule on CBDC, De-Dollarization, Banking Crisis

Rick Rule on CBDC, De-Dollarization, Banking Crisis

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Publish Date:
April 27, 2023
Category:
Banking
Video License
Standard License
Imported From:
Youtube

Over his career, Rick Rule has participated in the founding of 7 financial institutions. Now, at age 70, Rick is starting a new bank. One that is tailored to precious metals investors.

In this clip, I asked him what he thinks about CBDC, and his answer surprised me. He got a little angry when I asked him that.

"I view ongoing de-dollarization as a good thing for the world. I view CBDC as being substantially worse than cancer", Rick Rule told me.

Rick offers to rate people's portfolios for free at https://ruleinvestmentmedia.com

Please understand that the information provided in this publication – and all other publications by Resource Talks – is impersonal in nature and meant for general information purposes only. It is also worth what you paid for it. If you’re not paying for the product, you are the product. Expect seeing advertisements – which will be verbally disclosed – in this video. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Get numerous opinions before taking your own decision in the end. The minimum risk on any investment mentioned in this publication is 100% loss of capital.

Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Especially if they have orange hair and no experience (me).

Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. Reality often varies from people’s expectations. Managements like over-promising and under-delivering. If a manager was speaking in here, beware. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Company’s Annual Information Form, which is available on www.sedar.com. Reading the full disclaimer on the disclaimer page on this website is mandatory.

Timestamps
00:00 Intro
00:15 Is the banking crisis overblown?
11:30 Does Rick Rule like CBDCs?
14:34 Does de-dollarization really mean anything?
19:55 Outro

Was there something wrong with what the guests said? Did I fail to ask an important question? Did I make a mistake? Is my hair ugly, my voice stupid, and my face misaligned? Please tell me about it. Criticism and skepticism are highly welcome and help me learn. Thank you.


Did you miss our previous article...
https://financialvideos.club/banking/wtf-do-investment-bankers-actually-do