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Patrick Lancaster Indy journalist-
LIVE from Ukraine/Russia border
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Rick Rule, founder and former CEO of Sprott Holdings and founder of Rule Investment Media opines why investment demand for gold will quadruple, how the natural gas market will split, and why his uranium levels are a lock. They also discuss the impact of the developing world on battery metals prices and what the Fed should do about the banking crisis.
With the Treasury down to $68 billion and a debt ceiling deal just around the corner, few are considering what happens to banks when a deal finally is struck and the Treasury has to raise $1 trillion in short term cash in a matter of weeks.
That borrowing capacity has to come from somewhere, and it’s going to come from bank deposits, which are already being vacuumed out of the banking system at rates that rival the Great Depression.
Deal or no deal, the banks are going to get clobbered, and when they do, the Fed will ultimately have to cut back down to zero. And when that happens, we all know what happens to silver
Judge Napolitano interviews Patrick Lancaster for the straight dope from the Russian side of the Ukraine- Russia border.
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