Source Post

Rick Rule: Why I Sold Silver, Bought Oil Stocks, and Fear a 2008 Repeat

WealthionApr 7, 2026

The creator discusses the potential for a 2008-style credit contraction due to high-yield ETFs and shares his investment strategy regarding precious metals and oil stocks. He explains his decision to sell silver and buy silver stocks, as well as his continued interest in oil.

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Tickers discussed in this post

CVXBullishMedium ConvictionSignal-backedSecondary

Chevron is a potential buy as it's seen as one of the few oil companies maintaining sustaining capital investments.

XOMNeutralMedium ConvictionSignal-backedSecondary

Exxon is a hold, as the creator sees oil prices rising by 2029 but advises waiting for a better entry point than current levels.

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