snip:
Rick Rule on precious metals:
I like all forms of bullion…
I believe, if pushed, that the best form of bullion in terms of price appreciation for the next one or two years, is platinum and palladium.
I don’t believe it’s because of the monetary aspects of it. I believe it because the industry does not earn its cost of capital at this price point.
I believe it because on the supply side there’s no above ground inventory. All the platinum and palladium that’s ever been mined has gone out a tail pipe, it’s gone up a smokestack or it’s gotten turned into jewelry.
from: http://www.shtfplan.com/headline-ne...nemy-cant-print_03032013#sthash.zz7XmPUO.dpuf
Rick Rule on precious metals:
I like all forms of bullion…
I believe, if pushed, that the best form of bullion in terms of price appreciation for the next one or two years, is platinum and palladium.
I don’t believe it’s because of the monetary aspects of it. I believe it because the industry does not earn its cost of capital at this price point.
I believe it because on the supply side there’s no above ground inventory. All the platinum and palladium that’s ever been mined has gone out a tail pipe, it’s gone up a smokestack or it’s gotten turned into jewelry.
from: http://www.shtfplan.com/headline-ne...nemy-cant-print_03032013#sthash.zz7XmPUO.dpuf