Today one of the wealthiest, street-smart professionals in the markets, who is also business partners with billionaire Eric Sprott, spoke with King World News about what he believes is going to send the price of gold soaring.
Rick Rule: “Eric, if you look at the bigger picture, the longer term, in terms of gold and precious metals equities as a percentage of U.S. savings and investment, that peaked in 1980 at about 8 percent of total investments. That is, about 8 percent of U.S. investor savings and investments were in precious metals and precious metals securities….
Continue reading the Rick Rule interview below…
This Will Send The Price Of Gold Soaring
“The median and the mean over the ensuing three decades, the last 30 years, were around 1.5 percent, well off from the peak. Today the equivalent number is only 0.33 percent! If gold and precious metals are able to recover to just 65 percent of the three-decade median, it would result in a tripling of demand for gold and precious metals equities in the largest consumer market in the world. …” ***KWN has now released the incredible audio interview with Rick Rule, where he gives KWN listeners an incredible opportunity to have a free portfolio analysis done by Rick Rule himself. There is no cost or obligation to have one of the greats in the business do this for you and all listeners around the world can take advantage of this by having Rick Rule analyze their portfolios absolutely free. Rule made it very easy for listeners and the instructions are in the audio interview. Rule also discussed the gold and silver markets as well as what to expect from key global markets, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***KWN has also now released the incredible audio interview with the top trends forecaster in the world, Gerald Celente, where he discusses his prediction for a global stock market crash and panic in 2015, as well as giving the KWN listeners a peak at the just released Summer Trends Journal, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: The Terrifying Dark Years Are About To Begin As World Faces Greatest Downside Risks In Hirstory CLICK HERE.
© 2015 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.
The audio interviews with Rick Rule, Gerald Celente, Bill Fleckenstein, Dr. Paul Craig Roberts, Robert Arnott, Eric Sprott, John Mauldin, Stephen Leeb, Egon von Greyerz, Nomi Prins, Andrew Maguire, Michael Pento, David Stockman, Chris Powell, Dr. Philippa Malmgren, Marc Faber, Felix Zulauf and Rick Santelli are available now and you can listen to them by CLICKING HERE.