Rule

Rule

“This will have been the best buying opportunity in the entire bull market cycle,” Rick Rule told King World News in an audio interview published today.

Rule said he has his personal check book out, “aggressively speculating” on quality junior companies through private placements offering long term warrants (*Editors note, Mr. Rule told us he wants 5 year warrants).

Listen to the full interview at King World News.

Traders watching the Junior Gold Miners ETF (GDXJ) are less optimistic, at least in the short term. “The GDXJ is looking really ugly and needs to rally back above 18 to give me confidence that it has hit bottom,” CEO Technician commented.

GDXJ

Junior Gold Miners ETF (GDXJ) Nov 11, 2009 to present.

2013 is shaping up to be a tough year for junior resource companies and GDXJ longs.

Some people, Rick Rule and ourselves included, think 2014 will be better.