You Want to Own Things The Enemy Can’t Print
March 3rd, 2013
Whether you have limited means directed at specific collapse-proof assets, or you’re an investor with capital in personal savings or stock portfolios, there exist a number of strategies that can help you to not only mitigate a worst-case scenario crisis, but to come out ahead should it come to pass.
Rick Rule is the Chairman and Founder of Sprott Global Resource Investments Ltd., and one of the world’s foremost experts on non-traditional investments during times of uncertainty. The company manages some $10 billion in investments for clients. Sprott is one of the few firms that has been highly recommended by contrarian investors, as they not only talk the talk, but walk the walk, having created a massive store of physical gold and silver to back some of their leading investment funds. With currencies being devalued to the tune of billions of dollars monthly and government debt skyrocketing at an unprecedented pace, getting into the mind of someone who’s seen and prospered from cataclysmic market events over the last 40 years can help us to identify opportunities where none seem to exist.
From how to trade stocks in erratic markets to investment strategies that target long-term global trends like dwindling resources and economies on the brink of disaster, the following interview with Rick Rule from Future Money Trends covers numerous topics that include how he thrived during geo-political calamity, his past stock investment mistakes, the outlook for precious metals, how cold hard cash will play a role when markets collapse, and preparing for a world where even our most precious global asset – fresh water – becomes almost impossible to acquire.
When looking for the best way to allocate your hard earned money, start with one of the key rules Rick follows:
”You want to own things the enemy can’t print.”