Tag: rick rule

Rick Rule: Gold Is A Store Of Wealth In A Mechanism Other Than Fiat Currency

Rick Rule: Gold Is A Store Of Wealth In A Mechanism Other Than Fiat Currency

People should not think that the role of gold is only to move from one central bank to another (say from the US to the Chinese). That is gold’s use for currencies by the central bankers. YOUR use of gold is to preserve the purchasing power of yourself and your family through a variety of circumstances in some mechanism other than fiat currency.

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More Precious Metals Miners To Shut Down

| December 14, 2013 | Category: Stocks
More Precious Metals Miners To Shut Down

Scotiabank says that on a total cost of production basis that the all in cost to produce an ounce of gold industry wide, worldwide, is $1,760 an ounce or something like that. So you make this stuff for $1,760, you sell it for $1,260. You lose $500 and being a miner you try to make it up on volume.

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State Of The Gold & Silver Market by Rick Rule

State Of The Gold & Silver Market by Rick Rule

In this excellent interview with FutureMoneyTrends Rick Rule looks at the current trend in gold and silver bullion and miners. In particular he answers three important questions (1) is there any relevance in the fact that gold and silver prices are falling through their cost of production (2) is the current bear market (un)usual (3) which fallacies to avoid in order to get significant returns out of mining companies in the years ahead.

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Gold & Silver Questions

Gold & Silver Questions

Have gold or silver ever defaulted? Do gold or silver have counter-party risk like EVERY paper investment? Why are Chinese businesses, individuals, and their central bank buying gold as rapidly as possible?

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Rick Rule – 10 Questions For Precious Metals Investors

| May 24, 2013 | Category: Investing
Rick Rule – 10 Questions For Precious Metals Investors

Is the gold bull market still intact, or did we enter a bear market? Investors should rely on the following checklist offered by Rick Rule. His answers on those questions suggest that the situation in precious metals has remained unchanged. The most acceptable conclusion is that we are not at the end of the bull market; we are rather in a cyclical decline in a secular bull market.

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State Of The Junior Gold Mining Sector – April 2013

State Of The Junior Gold Mining Sector – April 2013

Where are we in the bear cycle? Is the bottom in or could it get worse? As counterintuitive as it seems, it is only in times like these where seeds are being planted for once-in-a-decade future profits.

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Are We At Maximum Pessimism In Resource Stocks?

Are We At Maximum Pessimism In Resource Stocks?

Bear markets, like we are in now, beget bull markets. Bull markets beget bear markets. When you are feeling terrified, you have to be aggressive; when you are feeling brilliant, you have to sell. If you do not do that, you will be a victim. It is just the way it works. If you ignore the fact that these are capital-intensive and cyclical businesses, you are roadkill on a good day.

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Rick Rule: Gold Fear Trade, Silver Greed Trade, Platinum Math Trade

In his latest interview, Rick Rule shares extraordinary insights based on four decades of investing in the resource markets. He answers two highly relevant and topical questions. Is it wise to sell some gold and silver in order to move into platinum and palladium? With expected inflation and real negative rates, is it smart to hold cash?

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Lessons From A Successful Investor: Control Your Worst Enemy, Your Emotion

| January 31, 2013 | Articles: Insights

During his latest interview on King World News, Rick Rule explained the most fundamental principles to be a successful investor. He has a proven track of record, as one of the most successful resource investor. The key to success is very simple: control your emotions. But let’s be honest, it is not that simple in reality. Insight 1: “Your expectations for the future are set by your experiences of the immediate past.” Between 2009 and mid 2011, both the metals and the shares have been performing very well. People’s expectations for the future have been influenced by their most recent experiences. People should be looking at the current consolidation period […]

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Rick Rule About Junior & Exploration Miners: The Sector Is A Disaster

Rick Rule About Junior & Exploration Miners: The Sector Is A Disaster

Rick Rule explains that the junior and exploration mining sector looks not very promising. His research framework reveals how to pick the winners. For investors, this all boils down to risk management, as only ten to twenty percent of the companies will do well.

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Investing In Resource Markets In 2013

This article presents the outlook for investing in resource markets in 2013. We consider Sprott Global Resource Investments the most respected company in resource investing. That’s why we bring the view of Rick Rule and Mishka Vom Dorp in this article. Rick Rule believes that junior markets overall will go (much) lower. He expects that 80% of the 4.000 junior exploration companies are non-viable. They will attempt to reach their intrinsic value, which is zero. Occasionally, however, we will witness pretty dramatic escalations. In addition, Rick Rules expects all sorts of amalgamations in the coming 24 to 36 months.

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Gold And Silver Stock Picking Is Key To Success

Gold And Silver Stock Picking Is Key To Success

It’s not an understament to say that gold and silver stocks are historically cheap. The correct way of looking at it, is to measure the value of the leading gold stock indexes by one ounce of gold. Below are long term charts of two gold stock indexes: the HUI and Barron’s Gold Mining Index. They are both measured in gold based on the spot price of September 7th, 2012. Chart courtesy: Goldchartsrus.com Both charts tell the same story: only on exceptional occasions during the current powerful gold bull market have we seen such low valuations of gold and silver stocks. Sounds like an opportunity to pick undervalued gold shares? Yes […]

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