Skip to main content

The Silver Strategy Every Investor Should Know | Rick Rule

The Deep Dive Jun 30, 2026

Summary

Rick Rule sells into parabolic up moves — he sold 25% of his juniors (small exploration miners) during last October's rally.

He applied the same discipline to physical silver, selling into January's parabolic move rather than chasing it higher.

He watches for a 'psychotic break' lower: gradual declines in metal prices typically come with faster drops in metals equities.

Rule is not predicting a downturn but keeps dry powder ready in case broad equities weakness turns into a parabolic metals sell-off.

Rick Rule's takeaways

  • Top takeaway Rick Rule argues a parabolic down move in metals wouldn't surprise him and he is keeping powder dry for it, while stressing he is not predicting it.
  • He sold 25% of his junior mining positions this past October, during a parabolic up move, applying his 50-year lesson that parabolic up moves are the time to sell.
  • He sold again this past January after physical silver went parabolic.
  • He points to metals prices drifting gradually lower, metals equities falling more rapidly, and broad equity weakness — the tech sell-off — as conditions that could set up a sharp down move.