Why the Metals Aren’t Dead & When I’m Buying More -Rick Rule - SilverTrade
Why the Metals Aren’t Dead & When I’m Buying More -Rick Rule - SilverTrade
Source: SilverTrade
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DW NOTE
Rick Rule has been calling commodity bottoms for thirty years — sometimes correctly, sometimes a decade early. Gold is down 22.5% from its January high and silver has halved, both falling while oil supply remains constrained by 10 million barrels a day and the Fed holds rates at 3.65%. If the metals were a real haven, they wouldn't be collapsing into a supply shock.