Copper $ 5.358 / lb 0.48%
Brent Crude Oil $ 62.06 / bbl -0.13%
Palladium $ 1540.5 / ozt -0.84%
Crude Oil $ 58.38 / bbl 0.02%
Natural Gas $ 4.582 / Btu 0.09%
Silver Futures $ 61.545 / ozt 0.71%
Aluminum Futures $ 2868.5 / ton -0.83%
Micro Gold Futures $ 4245.4 / ozt 0.21%
Micro Silver Futures $ 61.545 / ozt 0.68%
Platinum $ 1691.8 / ozt -1.09%
Gold Futures $ 4245.4 / ozt 0.19%
Go to MDC Markets

Rick Rule on Cyprus: The inmates are in control of the asylum

MINING.com Editor | April 01, 2013 | 6:24 pm Base Metals Precious Metals Canada Europe Gold Platinum Silver 

Rick Rule spoke with King World News last week, suggesting that the Cyprus bank depositor 'haircut' was chiefly "something that happened to Russian drug traffickers," but provided a number of lessons for investors: 1)  Ultimately, given the leveraged nature of the system, that...

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