Can WW3 Be Triggered by Russia’s Invasion of Ukraine? Rick Rule: Gold Price to Triple in 5 years
- Kitco NEWS
Putin’s war in Ukraine has caused significant moves in major commodities. Since the invasion of Kiev on the 24th of February, the prices of oil, gold, uranium, and even soft commodities like wheat have all surged. Rick Rule, president of Rule Investment Media, discusses the market implications of the invasion of Ukraine with Michelle Makori, editor-in-chief of Kitco News.
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0:00 – Ukraine and Russia
6:10 – Diplomatic concession?
9:16 – World War 3?
11:35 – Russia selling gold reserves
13:26 – U.S. curbing buying of Russian gold
15:01 – Gold price outlook
19:04 – U.S. economy
24:00 – U.S. recession?
27:55 – Nuclear power fundamentals
31:00 – Russia and uranium
33:00 – Sentiment of nuclear power
35:00 – Uranium stock picks
35:52 – Investing in Russian stocks
37:52 – Investment implications
39:00 – Rick’s stock rankings
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