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Video: Rick Rule - I Am Optimistic About Gold and I Am Cautiously Bullish on Gold Stocks

By Tom Winnifrith | Tuesday 24 January 2017


 


Rick Rule, the face of the world's best known investor in precious metals, Sprott, sees weak global demand for almost everything, however there is a sentiment change for resource stocks. He thinks this change is somewhat justified- although many recent resource prices do not appear to reflect any underlying rationale. Mr. Rule is cautiously optimistic about gold stocks and the gold price. We are in one of those flight-to-safety periods where the US dollar does well, and interest rates go up.


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