Rick Rule: Gold, Oil and Gas, Coal, Water — Commodities for Now and Later
Rick Rule: Gold, Oil and Gas, Coal, Water — Commodities for Now and Lateryoutu.be
As the broader markets face volatility, what is investor and speculator Rick Rule doing with his money?
Speaking to the Investing News Network at the recent Vancouver Resource Investment Conference, Rule, who is proprietor at Rule Investment Media, said he sees the current circumstances as an opportunity.
“What bear markets really are is sales, and if you think that sales are good, then these are good,” he said. He has a shopping list ready and is looking for places he can scale in, but did urge listeners to proceed with caution.
“I’m no market forecaster, but part of me suggests this could get worse before it gets better,” he noted.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
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