Gold, U.S. Dollar Strong; Good Sign For Gold? - Rick Rule

Kitco News kicks off coverage of the world’s largest mining conference – the PDAC – with Rick Rule, CEO of Sprott U.S. Holdings, who says he remains bullish on gold. “The U.S. dollar is strong and gold is strong simultaneously. That’s only happened twice before in my career and in both cases, the dollar ultimately rolled over and gold went into a sort of sling shot move,” he told Daniela Cambone at the event in Toronto. “Is that going to happen this time? I don’t know but if past is prologue, I think it’s happening for the same reasons, so yes, I’m bullish.” (show less)

Kitco News kicks off coverage of the world’s largest mining conference – the PDAC – with Rick Rule, CEO of Sprott U.S. Holdings, who says he remains bullish on gold. “The U.S. dollar is strong and gold is strong simultaneously. That’s only happened twice before in my career and in both cases, the dollar ultimately rolled over and gold went into a sort of sling shot move,” he told Daniela Cambone at the event in Toronto. “Is that going to happen this time? I don’t ... (read more)

 
 
PDAC 2017

PDAC 2017
The Prospectors & Developers Association of Canada (PDAC) is best known for its annual convention, bringing together prospectors, developers, geoscientists, consultants, and mining executives, among others. Known as the mammoth of all mining conference, this annual event is held in Toronto and attracts more than 30,000 attendees from more than 125 countries. Kitco News’ Daniela Cambone and Neils Christensen will be in on all the action, bringing you the hottest news in the industry. Don’t miss our coverage brought to you exclusively by GoldMining Inc. and Uranium Energy Corp.

 

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