Rick Rule: A Flock of Black Swans

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Uploaded by on Nov 14, 2011

http://bit.ly/whenmoneydies Rick Rule speaks at the Casey Research/Sprott Summit When Money Dies.

The sold-out When Money Dies summit was a huge success, with attendees and participants alike receiving much to think about. If you missed it, you can still "be there," via a full set of audio recordings. These are available now, in CD or MP3 format for your convenience. http://bit.ly/whenmoneydies

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  • The problem with his analogy is that it is not always a Lexus. Sometimes the Lexus turns in to a Yugo (when the stock reports bad earnings or when some corp. asset loses value) and some times it is a Ferrari (as when your miner stock gets a report of greater than expected ore concentrations.) Yes, you need to buy your Lexus when it is cheap, but it is also important to buy a Yugo before it turns in to a Ferrari, and avoid a Lexus that turns in to a Yugo.

  • A flock of Black Swans just flew over MF Global. I wonder where they are headed next ?

  • Will you guys ever release a video set?

  • Annoying bastard is me. First!

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