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.”
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Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: https://twitter.com/kitconewsnow --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Gold, U.S. Dollar Strong; Good Sign For Gold? - Rick Rule | |
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