Mining Stock Education · Friday, September 4, 2026
Rick Rule explained his decision to sell silver, stating that he bought it when it was "hated" because he believes negative sentiment often indicates an asset is cheap. He sold when that sentiment shifted to widespread "love," noting that parabolic uptrends, like the silver chart exhibited, always resolve.
“I have learned that parabolic up charts which the Canadians describe as hockey stick graphs always resolve”
“I bought silver as a speculative asset class because it was hated”
“and when the hatred dissipated and was replaced by love I sold”