RERUN: Rick Rule’s Top Investment Picks For 2018

Gold is an insurance, rather than speculative asset, said Rick Rule, CEO of Sprott U.S. Holdings. Rule told Kitco News that if given $100 thousand to invest, he would put half of it in “the best of the best,” referring to senior miners, and the other half in “speculative [juniors] plays.”On Bitcoin, Rule said that the digital currency “probably has [had a negative impact on gold], but my belief is that you pay attention to more important things like the business’ ability to generate cash as well as performance that exceeds expectation.” He added, “the more people pay attention to stuff that doesn’t matter, the better the chance some old guy like me has to compete.” (show less)

Gold is an insurance, rather than speculative asset, said Rick Rule, CEO of Sprott U.S. Holdings. Rule told Kitco News that if given $100 thousand to invest, he would put half of it in “the best of the best,” referring to senior miners, and the other half in “speculative [juniors] plays.”On Bitcoin, Rule said that the digital currency “probably has [had a negative impact on gold], but my belief is that you pay attention to more important things like the business’ ... (read more)

Silver & Gold Summit 2017
Silver & Gold Summit 2017

Don’t miss Kitco News’ coverage of the 2017 Silver & Gold Summit in San Francisco, an event brought to you by Cambridge House International, in collaboration with Katusa Research. From November 20-21, speakers from around the world will address delegates on relevant topics related to the metals and mining industry. Daniela Cambone will be interviewing experts to get their exclusive insights on the gold sector and whether or not they believe the precious metals bull market is just getting started. Our coverage is brought to you by Corvus Gold, a Vancouver-based exploration and development mining company.

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