Commentary and Analysis » Blog Archive » Rick Rule: Systemic Shock …
One big reason that Rick is waiting for another shock (or shocks) to the system is that he sees “the entire set of circumstances that led us into the crash 18 months ago is before us again. …. Again, however, Rick recollects an historic precedent from his early years in the business, when the gold bull of the ’70s stopped dead in its tracks. “The gold price decline in the early ’80s was really a function of a political consensus in the U.S. that said that speculative …
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