Seeking Alpha

Gold Price Is Stupidly Low Relative To Monetary Inflation

by: Gregor Gregersen
Gregor Gregersen
Gold & precious metals, silver, wealth protection, bullion storage

The psychology of a contrarian investor.

Why geopolitical turmoil no longer move gold prices.

Using Motel 6 as an example to show monetary inflation.

Using ascent of man to understand demand for commodities.

Rick Rule, President & CEO of Sprott USA Holdings, shares with us on SBTV his valuable observations of investing the contrarian way and investor psychology needed to survive a bear market. We find out how Rick views physical gold and other resources that are on his radar at this moment.

Discussed in this interview:

  • 01:11 Investing the contrarian way.
  • 04:43 Investor's psychology in a bear market.
  • 08:11 A bear market is a sale.
  • 10:10 Ascent of man: The need for natural resources.
  • 14:01 Gold: Bear or bull market?
  • 19:24 Gold: An insurance and store of value.
  • 24:47 Geopolitical turmoil no longer move gold prices?
  • 27:35 Deciding between bullion, gold stocks and gold ETFs.
  • 32:58 Other resources on Rick's radar (nickel, potash, uranium)
  • 37:29 How resource stocks are affected in a financial crisis.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.