In this excerpt from a talk at the Casey Research Recovery Reality Check Summit, legendary resource speculator Rick Rule makes a strong case for careful, disciplined investing in the junior resource sector, despite the market turning truly ugly.
You can hear Rick's entire entire presentation, along with those by the 30 other experts at the Summit – including their stock tips and other recommendations. The full audio collection is available in CD or MP3 format. Get full details here.
Trust the govrnment? Polticians are among the least trusted people in our society. Their first priority is to get reelected. That requires raisng huge amonts of money, pandering to your party for support and catering to your base. This is non-partison, they all do it. After all of this is addessed, there may be a little consideration of the needs of the general public. The geater dependancy on governmental dole, the less freedom you retain. "Those that control the purse control the country."
Bologna! If the private sector can do anything better than the Government sector. Then why haven't they? Specially under Bush who privatized just about everything he could privatize and everything that was privatized now costs more.
I trust the Government more than the private sector because if somethings wrong I can get redress from the Government where the private sector will fight you at every turn!
Other than government handouts, taxes, loss of privacy, inflation, high tuition and healthcare costs, what has the govt ever given you? Roads and bridges? If they were a corporation, govt would have disappeared 100 years ago.
Roads and bridges are paid for by the public...and that too the govt screws up with poor upkeep.