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Rick Rule – Big Institutions are Positioning Themselves for this Gold Bull Market (Audio)

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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


Posted August 27, 2019

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