The David Lin Report · Wednesday, July 8, 2026
Rick Rule observes that market sentiment in the mining sector has significantly declined, even though gold prices remain relatively stable. He attributes this disconnect to human emotional responses rather than rational analysis, noting that people often opt for easier emotional reactions over thoughtful consideration.
“It's not a mystery that gold has come down from its highs.”
“It's also not a mystery for those of us observing the space that sentiment in this mining space has come down significantly from just a few months ago.”
“I think that people are emotional rather than rational creatures.”