Friday, May 15, 2015

Coming Mania In Gold And Silver Will Be Epic

"You will also remember that anybody who got shaken out in the period from 2000 – 2002, missed the market between 2002 – 2006, and that was an epic move by any imagination. And my suspicion is that when this up-market gets going in earnest in the gold and silver sector, it too will be epic by anybody’s imagination.

The bull market in gold will be global this time around. Meaning China, India and other big gold-buying countries will be involved in the mania. Also, the Western countries are in substantially worse shape today in terms of dealing with the problems that we find ourselves in. So you have two strong reasons why this market could eclipse the mania that we saw in the gold and silver markets from 1976 – 1980."

- Source, Rick Rule of Sprott Global, via a recent King World News interview