Rick Rule Weighs In On The Gold & Silver Takedown

Thursday, April 18, 2013
By Paul Martin

April 18, 2013

Today one of the wealthiest people in the financial world spoke with King World News about the takedown in the gold and silver markets. Here is what Rick Rule, who is business partners with billionaire Eric Sprott and the CEO of Sprott USA, had to say about the takedown and what investors should expect going forward:

Eric King: “Rick, how do you view what is happening right now in the gold and silver markets? This certainly qualifies as the ‘psychotic break’ you kept warning KWN readers could take place in these key markets.”

Rule: “Yes, this is the psychotic break I kept warning could take place. Clearly we are now in the capitulation phase. In previous interviews on KWN I said that bull markets end with upside blowouts and bear markets end with capitulation. And we are now in a massive capitulation….

The Rest…HERE

Leave a Reply

Support Revolution Radio

For a limited time only, your donation get you a special perk. Every $30.00 donation gets you a fancy "say no to Government Hat". Every $20.00 donation gets you the same, but on a wonderful coffee mug. Just click the button below and give till it hurts...