Gold pullback puts rate pressure, mining M&A back in focus - Rick Rule
(Kitco News) - Gold’s pullback below $4,500 an ounce has put U.S. interest rates back at the center of the market debate, but Rick Rule believes the more important shift for mining investors is the pressure building on producers to replace ounces through acquisitions.Speaking with Kitco Mining’s Digging Deep on May 27, the President and CEO of Rule Investment Media said the move lower in gold, which had taken prices below $4,500/oz for the first time since late March, had not changed his long-term view.