Rick Rule on the bull market in precious metals

I suspect that the duration on this gold bull market is greater than people think. And I think the dimension is greater than people think, too, because gold and precious metals move when people are concerned about the debasement of the currency and the impact that that has on the purchasing power of their savings. And anybody who isn't concerned about quantitative easing, debt and deficits and negative real interest rates I believe needs to have their head examined. So I'm constructive to higher precious metals prices and hence higher prices around companies that produce them.

~ Rick Rule, "Where to Find Big Gains in Resource Stocks," Stansberry Investor Hour, 34:00 mark, May 13, 2021