SBTV spoke with Rick Rule, President and CEO of Rule Investment Media, about how the best gold-backed tokens built on the promising distributed ledger technology could bring back gold and silver as money. These gold-backed tokens, if implemented right, would be decentralized and their gold-backing verifiable making them reliable mediums of exchange.
Discussed in this interview:
01:27 Retiring from Sprott USA & Rule Investment Media
10:48 PSLV - the result of Eric Sprott's prescience
19:22 Misunderstood metals
22:27 Meme-driven markets
24:34 Trend of crypto crackdown
27:44 Promise of the right gold-backed tokens
36:11 Drifting from the dollar
42:23 Outlook for cash
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