Part 3/8:
Rule emphasized the importance of gold in his portfolio, having become an aggressive buyer of large gold miners over the past few years. His confidence stems from the belief that we are early in a gold bull market, with gold prices predicted to rise significantly in response to the weakening purchasing power of the U.S. dollar. He notes a potential 75% decline in the dollar's value over the next decade, drawing parallels with the gold price’s 30-fold increase during the 1970s.