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« SKOT Makes 49.40% in 7 Days Trading SPY Call Options | Main | America financially powerful – Evans-Pritchard »
Thursday
Aug282014

Rule Rule - I Am Incredibly Bullish On Gold & Silver

Today one of the wealthiest people in the financial world told King World News that demand for gold coming out of Asia is extremely robust.  Rick Rule, who is business partners with Eric Sprott, also discussed why he is so incredibly bullish on gold and silver.

Rule:  It’s interesting to note that the inflows an outflows of precious metals from precious metals ETFs, which earlier in the decade were a wonderful predictor of gold prices, have ceased to work.  Meaning, you can have inflows into GLD and yet the gold price goes down, and outflows and the gold price goes up....

 

To continue reading the Rick Rule interview below...

 

The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

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