Kitco News, Released on 12/15/20
For Part 1 of this interview, CLICK HERE
The broad equities index remains the only “threat” to gold and gold investors, said Rick Rule, president of Sprott U.S. The “existential crisis” facing the gold sector comes from the lack of exploration activity from miners.
0:00 – Gold miners: still overbought?
5:13 – Gold’s role for investors
8:39 – Gold’s threat
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries.