Liberty and Finance, Released on 2/7/23
The recent pullback in silver is background noise, says Rick Rule, president and CEO of Rule Investment Media. The silver market is often choppy. However, when fear in the market drives gold higher, silver typically catches up and moves higher much, much faster, he notes. Rule is not interested in $1 and $2 moves in silver. “I’m in the game for a $20 move or a $30 move,” he says.
1:55 Silver market
7:10 Silver miners
13:46 Silver Investing Bootcamp
23:30 Rule’s offer
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. He is also the founder of Rule Investment Media.
Newsflash to Dunagan: Silver pullback is not meaningless to old men who need to convert/sell silver for fiat currency to pay medical bills.
The new mantra is that silver shouldn’t be bought as an investment, rather it is a means to “preserve wealth”.
Would you buy a house if you were told that it shouldn’t be bought as an investment?