Rick Rule’s Gold and Oil Outlook: 2026 Forecasts Explained - Discovery Alert
Rick Rule’s Gold and Oil Outlook: 2026 Forecasts Explained - Discovery Alert
Source: Discovery Alert
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DW NOTE
Rule has built a career on the thesis that resource scarcity drives secular price appreciation. Gold is down 22.4% from its January peak; oil is down 36.7%. The scarcity thesis works until central banks stop printing and speculators stop bidding — then you discover how much of the price was monetary inflation dressed up as fundamental demand.