Rick Rule is chairman of Sprott U.S. Holdings Inc. His focus is on precious metals stocks.
Top investing ideas:
Virginia Mines Inc.
Uranium Participation Corp.
Past investing ideas: March 05, 2013
Belo Sun Mining Corp.
Total return: -31.68 per cent
Lydian International Ltd.
Total return: -2.44 per cent
Total return: -34.16 per cent
Total return average: -22.76 per cent
We need a capitulation selloff to end resources bear market. Expect summer doldrums through September, then a low-volume recovery. Takeovers, valuations, discoveries are catalysts for market recovery in mid-2014. Key risks include a psychotic break like 2008, or an interest rate rise.Report Typo/Error