The Phaserl


Gold & Silver Spike & The Oil Quote May Skyrocket

from KingWorldNews:

On the heels of the release of the Fed minutes and subsequent spike in gold and silver, today King World News interviewed one of the wealthiest and most street-smart pros in the business, Rick Rule. Rule told KWN that gold is showing signs of strength and we have now started a merger and acquisition boom in the mining sector.

Rule, who is now part of Sprott Asset Management, also discussed the enormous problems both Europe and the US face: “Additional stimulus will be needed soon according to many Federal Reserve policymakers, unless the economy shows signs of a durable pickup. I don’t see any signs of a durable pickup, so I think they are signaling that there is going to be additional easing.”

Rick Rule continues @

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1 comment to Gold & Silver Spike & The Oil Quote May Skyrocket

  • Ed_B

    Are the idiot bankers and economists at the Fed EVER gonna figure out that growing an economy and inflating an economy ARE NOT THE SAME THING?! No, probably not. That would require an IQ considerably above room temperature and that seems to be sadly lacking in their organization.

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