Forget the Narrative, Time Is On Gold’s Side - Rick Rule

Although he expects prices to trade sideways to lower over the next couple of months, Sprott U.S. Holdings CEO Rick Rule says time is on gold’s side. Speaking with Kitco News on the sidelines of the Silver & Gold Summit in San Francisco, he said investors need to “the arithmetic supports gold irrespective of the narrative.” Rule is not so concerned about the outcome of the U.S. election either. “I think what matters is the deficit and negative interest rates,” he said. (show less)

Although he expects prices to trade sideways to lower over the next couple of months, Sprott U.S. Holdings CEO Rick Rule says time is on gold’s side. Speaking with Kitco News on the sidelines of the Silver & Gold Summit in San Francisco, he said investors need to “the arithmetic supports gold irrespective of the narrative.” Rule is not so concerned about the outcome of the U.S. election either. “I think what matters is the deficit and negative interest rates,” ... (read more)

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