With extraordinary volatility in gold and silver, today King World News interviewed Rick Rule, CEO of Sprott USA. Rule spoke with KWN about the recent action in gold and silver and what readers should focus on going forward. Here is what Rule had to say: “If you want to be long gold and silver, if you like real currencies as opposed to fiat currencies, you have to like days when you can buy it cheaply. I’ve been around this type of action for 35 years and I suspect, before I shed my mortal coil, I will purchase much more physical gold and silver bullion.”
Rick Rule continues:
“In order to do that I need days like this. People who have less faith in their own precepts and in their own studies might get shaken out by action like this and they might deserve to get shaken out. The reason being given (by the mainstream media) for the downturn in gold and silver is a return of confidence in the US dollar.
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