Nomi Prins: Paper Markets Are Masking a Physical Gold and Silver Supply Deficit

Recorded on July 8 2026 live at the Rick Rule Symposium 2026 Nomi Prins joins Steve Yang at the Rick Rule Symposium 2026 to discuss gold, silver, copper, mining equities, and the disconnect between paper-market volatility and physical commodity fundamentals. Prins explains why speculative trading can amplify downside moves without changing structural supply deficits or long-term physical demand. She also describes what she learned from going underground with a mining team and seeing firsthand how much work is required to produce high-quality silver. The conversation covers investor sentiment at the symposium, opportunities created by mining-equity pullbacks, the effect of ETF selling,…