Rick Rule: Expect Higher Gold & A Wave of Mining Takeovers

from King World News:

With gold above $1,650 and silver near the $32 level, today King World News interviewed one of the most street smart pros, Rick Rule, Founder of Global Resource Investments, which is now part of the $10 billion strong Sprott Asset Management. When asked about the action in gold, Rule responded, “Background noise, up $40, down $40, absolutely irrelevant. Keep in mind this is all happening with a $1,500 gold base in place. The idea that equity markets should rebound because the Europeans may get their act together by printing $4 trillion in new counterfeit currency notes doesn’t matter to me. And the gold price up $40 or down $40 doesn’t matter to me.”

Rick Rule continues: Read More @ KingWorldNews.com