Rick Rule On Gold & Resources: We're Now Seeing Capitulation By Institutional Investors

``Speaking toward what he's seeing from the institutional investor community, Rick said, "This is the fourth time in my career that I've seen capitulation selling, and it get's ugly and spasmodic...Last week I was on the East Coast of the United States visiting very large institutional investors, and the level of indecision I saw was absolutely classic of the period right before capitulation--and this week, right on schedule, we're getting it. [It's] truly ugly, but it's the kind of cleansing the market needs." ''