Thursday, September 11, 2014

Rule - Takedowns In Gold, Silver & Oil To End Badly For Bears

"Today one of the wealthiest people in the financial world told King World News that the takedowns in the gold, silver, oil, and uranium markets will end badly for the bears.  Rick Rule, who is business partners with Eric Sprott, also discussed why he is so incredibly bullish on the metals and energy.

Rule:  “In the near-term gold and silver have been moving down.  There is strength in the U.S. dollar. (Laughter).  Strength that, frankly, perplexes me.  There would seem to be a global belief that what you do in times of crisis is buy U.S. Treasury securities, and there is certainly a lot of crisis in the world...."

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/10_Rule_-_Takedowns_In_Gold,_Silver_%26_Oil_To_End_Badly_For_Bears.html

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