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Thursday, March 21, 2024 11:55:39 AM
Go to 22:35 in this video and listen to Rule answer a question from the Interviewer about what happens to mining stocks when the market sells off, crashes, or maybe even goes into a bear market for a time.
Rule in no uncertain terms says they will SELL OFF with the market. He makes that crystal clear and gives his reasoning for that happening. He talks about how physical gold will rebound BEFORE the miners do. I remember that being the case in the 2008-09 downturn before gold reversed and went on its epic run to $1900 in 2011.
I wanted to post that so everyone who might be under the impression that the gold miners would move up in a down market are hearing it straight from the horse's mouth. Rick Rule would know and he couldn't make it any plainer than he has here.
If you think the market's going to continue straight up from here, indefinitely, then disregard this warning. LOL
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