Rick Rule: I Think We Are Seeing A Bullish Transition In The Junior Gold Miners

Written by MrStockFox. Posted in Interviews

>>Inteview With Rick Rule (MP3)

Full Transcript:

During a time in which few investors are considering the possibility of a recovery in natural resources, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments.

Speaking towards the overall market Rick noted that, “The market itself is very healthy. You are seeing a transition…a transition that doesn’t suggest, but rather screams that [junior resource issues are] under accumulation—which is a very, very bullish sign.”

When asked if the current recovery might outperform the early 2000’s recovery, Rick indicated that, “[S]tatistically, this market shows it can be done because the bear market that preceded this bull market was a bear market that was more severe... bear markets are the authors of bull markets, and the recoveries in some way, shape, or form are related to the declines.”

 

Continue Reading


Write comment (0 Comments)