The David Lin Report Rick Rule Perfectly Called Silver Crash, Here’s What ‘Goes Crazy’ Next
Mar 2, 2026
Rick Rule, experienced resource investor and founder of Rule Investment Media, explains why he sold most of his silver and how he reallocated into stocks, gold, oil and gas equities. He contrasts silver as speculation vs gold as savings. He discusses oil and natural gas drivers, Venezuela’s slow recovery, uranium supply tightening, and where investors might allocate between majors and juniors.
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Silver Stocks Can Outperform Sideways Silver
- Silver stocks can outperform physical silver even if spot silver trades sideways because stocks were priced assuming a lower silver price.
- Rule moved capital to high-quality silver stocks valued on a $40–$45 assumption while spot had surged to $75.
Gold As Savings Asset Weathering Big Pullbacks
- Rick treats gold as a long-term savings/insurance asset and accepts short-term crashes as noise in a bull market.
- He notes gold fell 20%+ multiple times in the 1970s yet the bull market continued, so short-term drops don't derail the thesis.
Strait Of Hormuz Risk Could Make Oil 'Go Crazy'
- A military action that threatens the Strait of Hormuz would make oil prices 'go crazy' until shipping capability is proven.
- Short-term oil moves are news-driven (Iran trade) while structural supply-demand imbalances will take years to manifest.