'I don’t want to put words in everyone’s mouth but I would generally say we think of it as a ponzi scheme or as Rick Rule would call it, “counterfeiting of money.'
Rick noted that during these periods of extreme market pessimism, bets are presenting themselves, “Where you have [a] chance of losing half your money and another chance of making 10 times your money.”
During a time of widespread investor desertion of the precious metals and natural resource space, Eric Sprott, CEO of Sprott Asset Management shares his thoughts.
The mantra of 'growth for growth’s sake' is still alive, but the companies who implement 'big data' within their operations will likely generate better returns for investors going forward.
Despite following gold down over the last two years in terms of share-pricing, Gold Resource Corp. has avoided most internal pains suffered by mining companies during this ongoing bear market.
Technical gold trader and publisher of the Smart Money Tracker, Gary Savage's calls have outperformed most of the world’s hedge funds during 2011 and 2012.
'The majors are definitely going to sell projects that aren’t going to get built this cycle. They’re going to turn them into cash because they’re going to have to ...'