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« Last Coin in Canadian Northern Lights Silver Coin Series Unveiled | Main | Why Stocks Could Fall 50% if the Fed Makes the Wrong Move »
Monday
Aug312015

Rick Rule: “Scary Times Are Upon Us – Capitulation Is Beginning in This Market”

Rick Rule

Is the recent market sell-off good for gold?

How will it affect the precious metals and natural resource sector?

Rick Rule, Chairman of Sprott US Holdings Inc., believes that a sell-off in the months ahead might signal the end of the resource bear market.

Click here to access Rick’s recent call – and submit your questions for his follow-up call next week to contact@sprottglobal.com.

Capitulation Ahead

“The capitulation we’ve been talking about for a couple of years is beginning to occur,” Rick warns.

“I suspect that this capitulation will be over by the end of October. And it could get much worse before then. The point is – any ‘junk’ you have left, sell it if you can.”

Fear is returning to the broad market, says Rick, and it will affect resource stocks too.

“Volatility had been eerily quiescent over the last 2 or 3 years,” says Rick. “The VIX was consistently between 10 and 15,1 which meant that there was very little fear in the market.

Read more....

 

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