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Sprott's Thoughts
Thursday, December 4, 2014
>>Interview with Rick Rule (MP3 Download)
During a time in which downward volatility of the junior resource sector has resumed in force,Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments.
When asked if we’ve seen the ultimate capitulation in junior resource markets yet, Rick noted that,“We haven’t had a capitulation yet… we’re beginning to see the types of market volatility, rabid moves up and down on no volume, that are normally the “rattle” of the rattlesnake of capitulation. But the market hasn’t followed through yet, and I think that’s a consequence of the recent strength in the gold price..”
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