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“The sense that you have in Europe is that the European political union and the
European economic union are faced with some real dislocations. That isn’t to say that it necessarily won’t survive, but certainly from the point of view of the private wealth in Europe, the money managers for those families are quite concerned…. and quite frankly, they have good reason to be concerned…. we have the very real possibility of experiencing a psychotic break in the markets, such as we experienced in 2008.”
So says Rick Rule going on to say in edited excerpts from his original interview with King World News.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.
Rule goes on to say, in part (the post can be read in its entirety here):
“In the midst of all of this chaos…I actually feel better now than I did three months ago about the gold I have my portfolio, relative to the other ways I could hold my liquid wealth [and] this…[will be] particularly true in the dangerous environment we face going forward.”
Editor’s Note: The above article may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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