Biggest Wealth On Planet Now Entering Gold & Silver Markets
March 7, 2013
Today one of the wealthiest people in the financial world spoke with King World News about the shocking things that he witnessed at PDAC, and how the biggest money on the planet is now looking to get into the gold and silver sector. Regarding PDAC he stated, “What was of interest to me was the level of panic present at the place.” Rule also let KWN readers know invest to make fortunes right now in the gold and silver markets.
Here is what Rick Rule, who is the CEO of Sprott USA, had to say about creating great wealth: “The opportunities that are in front of me are so fantastic that it’s hard to focus. I am still interested in the developmental stage juniors, the ones that are financially accretive. I am also focused on explaining to investors that the pullback in bullion prices, never mind the bullion related equities, is a sale.”
Rick Rule continues:
“It’s a cyclical decline in a secular bull market. It’s very, very important for investors to understand that. We like the uranium space. We also love the palladium and platinum space. As the outside market conditions appear to most people to be getting worse and worse, for us they are getting better and better.
As you know, Eric, we are not investment bankers in the classic sense, we are investors. We are check writers, and we see a situation where goods are on sale across a broad spectrum where we participate….