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Rick Rule: Fed Rate Hike Is A Step In Right Direction; Lithium Boom To Go Bust!
Monday, December 21, 2015 1:40
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from Palisade Radio:
Rick Rule discusses the recent Fed rate hike, calling it a step in the right direction but the gold markets remain largely unaffected as the hike was ‘baked in the cake’. He sees the first signs of issuer capitulation and we are close to the bottom in precious metals, although the bear market will have to be resolved by supply destruction. The US bond market is close to its peak as interest rate hikes decrease yield and demand.
