Rick Rule: Buy Gold Now Before The Crowd Comes Back

**SPEAKER_1** (0:01)
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**Rick Rule** (0:30)
On June 26th, Supergirl arrives in theaters.

**SPEAKER_3** (0:33)
Let's go.

**SPEAKER_4** (0:36)
Your powers are going to take in now.

**SPEAKER_3** (0:39)
This is very impressive.

**Rick Rule** (0:40)
Get ready for a movie event unlike any other.

**SPEAKER_4** (0:43)
Superman sees the good in everyone, and I see the truth.

**SPEAKER_1** (0:46)
Get your tickets now for the most fun.

**SPEAKER_4** (0:48)
Krypto!

**Rick Rule** (0:49)
And fresh movie of the summer. What are you going to do?

**SPEAKER_1** (0:51)
Something stupid. No, it's a party.

**Rick Rule** (0:54)
DC's Supergirl, only in theaters June 26th.

**SPEAKER_1** (0:57)
Get tickets now.

**Rick Rule** (0:57)
Ready to be 13 It may be inappropriate for children under 13

**SPEAKER_3** (1:00)
No one goes to Hanks for his spreadsheets. They go for a darn good pizza. Lately, though, the shop's been quiet, so Hank decides to bring back the $1 slice. He asks Copilot in Microsoft Excel to look at his sales and costs and help him see if he can afford it. Copilot shows Hank where the money's going and which little extras make the dollar slice work. Now Hanks has a line out the door. Hank makes the pizza, Copilot handles the spreadsheets. Learn more at m365copilot.com/work.

**Rick Rule** (1:32)
If you don't apply it correctly, if you don't ask it the right questions, AI is an acronym for artificial ignorance. I've seen in the last five weeks, two of the best drill holes I've seen in 50 years in exploration finance. A soft market is a sale.
If we bought financial goods the same way we buy physical goods, most of us would be richer. The next five years is going to be very pleasant.

**Trey Wright** (2:03)
Greetings and welcome to our Wealthion show. I'm Trey Wright, Chief Economist at GBI. And we're here today with Rick Rule, Principal of Rule Investment Media.
Now, you would have to have been hiding under a rock for the past several years, to not know who Rick is and what he's all about. So we're going to skip the introduction and say, Hi Rick, thanks for joining us today.

**Rick Rule** (2:27)
Trey, I'm delighted to be back. I've enjoyed conversations with you even before interviews, going back, what, two decades, I suspect.

**Trey Wright** (2:34)
The biggest topic on the market, the landscape today is AI. And look, you're a really smart guy and we all enjoy your thoughts. You usually have an answer for everything and you've usually thought about everything. So because technology has never been your primary focus, I hesitate a bit. But what do you make of this entire AI wave?

**Rick Rule** (3:01)
Well, the subject is so big, I guess I'd have to break it down. I'm increasingly a user of AI.
If you don't apply it correctly, if you don't ask it the right questions and can constrain the data sources, AI is an acronym for artificial ignorance.

**Trey Wright** (3:21)
I knew you'd have something like that.

**Rick Rule** (3:23)
Well, if you ask it a generalized question, an opinion, and its database includes, let's say X, what it gives you is a consensus of opinion of a bunch of morons, which isn't really useful.
However, use it to comb massive sources of constrained data around a specific question. It's unbelievably good. I remember as a young analyst, Trey, that we would take obscure companies. We get five years of quarterly reports. We take the staples out, you know, this is how long ago this was, lay them out along a long conference table and use various color magic markers to draw continuums across five years.
The company-centric credit analysis that used to take me five or six weeks per company, I can do on AI Now, constraining the databases in two minutes. That's amazing. It's just absolutely amazing.

**Trey Wright** (4:26)
And you know how to construct the questions, the correct way to accomplish that. You don't need a programmer to help you?

**Rick Rule** (4:34)
AI, no, you don't need a programmer. AI is teaching me. When I get garbage back, I understand that AI is incapable of making a mistake, that the problem is where it belongs, which is to say with me. So at the same time that I've taught Claude what I need, Claude has taught me what is possible for a person of my technological expertise, which is to say low.