Rick discusses his early career lessons and how in a bull market, anyone including him can look like an expert. In the 1970s, the incorrect narrative was that the world was running out of resources. What everyone missed was that when prices rise, people learn to conserve, they become more efficient while higher prices encourage new supply. Think about the attractiveness of modern bonds where banks promise “return-free risk” by giving you less money back than you put in, then contrast that with gold. Rick says, “You are either a contrarian, or you will be a victim.”
Courtesy of Palisade Radio
Skeena Resources Limited (TSX: SKE) (NYSE: SKE) announced the clo... READ MORE
Today Glencore International AG announced, and has made Yamana Go... READ MORE
Rusoro Mining Ltd. (TSX-V: RML) is pleased to announce that on Se... READ MORE
Revival Gold Inc. (TSX-V: RVG) (OTCQX: RVLGF) is pleased to annou... READ MORE
Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) is plea... READ MORE
We acknowledge the [financial] support of the Government of Canada.