Tuesday, 5 March 2013

Rick Rule - Gold Poised to Bounce

(Video cannot be embedded, please click to watch)

"I think the technical are scary, but the fundamentals are pretty good. What you find in gold bull markets is retrenchments are fairly frequent, and this is nothing particularly unusual."

"It's worth noting, of course, that the fundamentals are excellent," he added. "Gold is denominated in U.S. dollars, and the government seems to be doing their best to depreciate the denominator."

- Rick Rule, via a recent CNBC interview, see the video here: