Why The Gold Price Doesn't Matter To Him
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Rick Rule says he buys gold almost regardless of price — citing levels at $4,400, $4,600 and $4,700/oz as still attractive as a savings allocation rather than a trade. The interview frames gold as long-duration money protection, not a momentum asset, and notes he sold his silver on the way up while remaining constructive on gold as a store of value. Rule argues that stable-to-higher interest rates could keep gold soft in the near term, but he expects the broader fiat backdrop to remain supportive over time. He also reiterated his view that the U.S. dollar could lose roughly 75% of its purchasing power over the next decade, which underpins his preference for holding gold through volatility.