The Phaserl


Extreme Nervousness in Regards to Collapse-Gold Silver a Must-Rick Rule

by Greg Hunter, USAWatchdog:

Precious metal expert Rick Rule is not worried about the recent smack down in gold and silver prices. Rule is motivated by wealth protection. So, the price decline is a “nonevent.”

Rule asks, “What are the alternatives? Perhaps you’d like to buy a 30-year U.S. Treasury, something Jim Grant famously described as a return-free risk.” Rule thinks the financial world is far from healthy and says, “I have extreme nervousness in regards to a collapse. . . . The only way we could avoid collapse is if we inflate away the net present value of our obligations. In both sets of circumstances, I am personally more comfortable owning precious metals than not.” Cyprus is a stunning example of why people should store some wealth in precious metals.

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1 comment to Extreme Nervousness in Regards to Collapse-Gold Silver a Must-Rick Rule

  • John Adams

    You can see this guy is part of the “chosen people” cabal.

    1) He doesn’t believe in any conspiracy (of course not! lol!)
    2) He smirks the whole time
    3) He believes that the theft of Cypress was fair as the Populace were living beyond their means

    He has a MASSIVE FREUDIAN SLIP at the 8:20 mark. He KNOWS!!!

    Wake up to them please SGT.

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