Gold price, page-11770

Sprott U.S. Holdings CEO Rick Rule, says;

"physical precious metals, certificated precious metals, and precious metals equities occupy about one-third of one percent of the savings and investment assets of the United States.

The corresponding number at the top of the last bull market.. real bull market in 1981… was 8%…

I’m not suggesting to you that gold and precious metals related investments will ever get back to 8% but I would suggest to you that they will, in this bull market, approach the three decade median, which was 1.5%.

If that occurred, you would see a more than four-fold increase in demand for precious metals and precious metals related equities… I think that could be reasonably dramatic".