Connect to Market Sanity

RSS Feed

Rick Rule: Why Precious Metal Demand Could Quadruple

Silver Doctors, Released on 1/12/18

Sprott’s Rick Rule tells Silver Doctors if precious metals reverted to their three-decade mean as a percentage of total U.S. investments, demand would quadruple.

Almost every asset class has been rising. Over the last month, gold and silver have been playing “catchup,” Rule says.

The size of the precious metal market is tiny right now in comparison to other asset classes. Rule reveals that if precious metals reverted to their three-decade mean as a percentage of total U.S. investments, demand would quadruple.

U.S. Treasury Bonds are seen as one of the safest place to put money. However, Rule says inflation makes U.S. Treasuries depreciating assets.

Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries.

Leave a Reply

Your email address will not be published. Required fields are marked *