Australia's largest stock trading and investment forum Australia's #1 stock forum

BSR

Click for more information

0.00%

1.3¢ bassari resources limited

Not going to take much to push this through 2c nice support at...

First 37 Last

Share
Profile

Follow
TTTTiger

3,104 Posts.

12/11/14

12:16

Post #: 14275969
Share

Originally posted by rosencrantz ↑

from my email inbox:
During a time in which sentiment towards natural resources is bordering on doom, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments.
Speaking first toward the phenomenon of market capitulation Rick noted that,“Capitulation is a very dramatic event. It’s when most participants in the market give up completely and simultaneously. They are two or three week periods [of] extraordinary [share price] violence. They’re emotionally driven rather than arithmetically driven events.”
One of the more important utilities of a capitulation according to Rick, is that, “In my experience they have marked definitively the end of long bear markets.”
When asked for a prediction on the gold price, Rick concluded that, “[The fight] is between gold and the U.S. 10 yr. treasury—and I don’t see how over 5 years we can possibly lose that fight.”

Expand

Not going to take much to push this through 2c nice support at this level

BSR Price at posting: 1.3¢ Sentiment: None Disclosure: Unspecified
1 Upvote

0 Great analysis

Reply

Top Stories

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

OPL

Opyl forms JV with UK and US consortium to bring products to the world

Drilling at Lady Ilse suggests gold-copper porphyry, grows footprint for Magmatic

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

There are more pages in this discussion • 2 more messages in this thread...

First 37 Last

Add BSR (ASX) to my watchlist

SPONSORED BY