Rule – Sovereign & Strategic Money Pouring Into Gold & Silver
KingWorldNews.com
August 22, 2014
Today one of the wealthiest people in the financial world told King World News that large amounts of sovereign and strategic money are pouring into key commodity markets such as gold and silver. Rick Rule, who is business partners with Eric Sprott, also discussed a new product Sprott is launching.
Rule: “What’s really healthy about this market is that the big money that’s coming into the sector this time is very different than the big money that took the sector up last time. The big money that took the sector up last time was dumb money. It came in the generalist mutual funds, it was momentum-oriented, it was retail, and it was generalist, not mining or resource-specific….
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