The Realest Talk on Gold Right Now - Rick Rule, Amir Adnani - Part 1

Mining stocks should be trading a lot higher, given that the companies are performing much better than they used to, said Rick Rule, CEO of Sprott U.S. Holdings. Amir Adnani, Chairman of GoldMining Inc., noted that there is a disconnect between gold prices and gold stocks, citing interest in other base metals as a reason. “If you look at gold stocks as a basket today, compared to gold stocks back in 2016, they’re probably 50% lower. The ratio of the gold index share price would suggest that we’re in a bear market, but we’re arguably $40 away from the magic $1,365 resistance level,” Adnani told Kitco News on the sidelines of the PDAC 2018. (show less)

Mining stocks should be trading a lot higher, given that the companies are performing much better than they used to, said Rick Rule, CEO of Sprott U.S. Holdings. Amir Adnani, Chairman of GoldMining Inc., noted that there is a disconnect between gold prices and gold stocks, citing interest in other base metals as a reason. “If you look at gold stocks as a basket today, compared to gold stocks back in 2016, they’re probably 50% lower. The ratio of the gold index ... (read more)

PDAC 2018

PDAC 2018
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. Considered the mammoth of all mining conferences, this annual event attracts more than 24,000 attendees from more than 130 countries. Don't miss our coverage brought to you by Uranium Energy Corp and GoldMining Inc.

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