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Volatility faked out gold investors in the 1970s too, Sprott's Rule says
10:40p ET Friday, December 13, 2013
Dear Friend of GATA and Gold:
Sprott Asset Management's Rick Rule notes today that gold investors who were faked out by early volatility in the metal's bull market in the 1970s missed a move of 800 percent. Rule also endorses subjecting careless investors to bank "bail-ins." His comments come in an interview with Sprott Money's weekly wrap-up program, continue for just more than eight minutes, and can be heard here:
https://soundcloud.com/sprottmoney/sprott-money-weekly-wrap-up-ep11
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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