Sprott Monthly Market Update with Rick Rule: Bull Market in its Infancy - Palisade Radio (04/28/2017)


Rick Rule gives his take on the investing in gold and gold stocks.

Rick sees a very interesting market, which flirted with an upside breakout, that failed. He feels the GDXJ took quite a hit, damaging momentum traders expectations, in the near term that damage will likely increase. The opportunity this summer is in capital that is increasingly supplied by the ETF’s, towards the GDXJ components. The non GDXJ components are left lagging and that could be an arbitrage opportunity. You should see mergers and acquisitions with the components acquiring the non-components.

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