Welcome To The 300 Club HUB On AGORACOM
We may not make much money, but we sure have a lot of fun!
Message: Interesting Videos to view for lattest updates.
Metals & Minerals 2013
There Is a Lot To Like: Rick Rule
Guest(s): Rick Rule
Kitco News speaks with Sprott's Rick Rule about the current state of the industry and to get his thoughts on gold. "There is a lot in this market to like because the companies are 3 or 4 years better than they were and they're selling at 25% of the prices that they were selling for before," Rule says. "We're attracted to very large, high-grade deposits in political risky jurisdictions. We would rather have political risk than technical risks," he adds. Rule also says that 70% of the companies in the industry are valueless and investors should concentrate their efforts on the top 20% of issuers in this market or they will get “slaughtered.” With regards to the yellow metal, Rule says he would much rather own gold than not. Tune in now to hear where Rule would put his money in 2014. Kitco News, November 27, 2013. (show less)
Kitco News speaks with Sprott's Rick Rule about the current state of the industry and to get his thoughts on gold. "There is a lot in this market to like because the companies are 3 or 4 years better than they were and they're selling at 25% of the prices that they were selling for before," Rule says. "We're attracted to very large, high-grade deposits in political risky jurisdictions. We would rather have political risk than technical risks," he adds. Rule also ... (read more)
Latest Videos
New Message
Please
login
to post a reply