Gold’s Rally Had Nothing To Do With Stocks Falling – Rick Rule

Gold's Rally Had Nothing To Do With Stocks Falling - Rick Rule
Gold’s recent price advance had more to do with investor’s perception of dollar strength than a flight to safety after equities took a plunge, said Rick Rule, President & CEO of Sprott U.S. Holdings.

“My own belief is that popular perception of the continued purchasing power of the dollar and strength in the U.S. economy declined a little bit which caused U.S. equities to decline,” Rule told Kitco News on the sidelines of the Silver & Gold Summit in San Francisco.

_________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

Gold’s Rally Had Nothing To Do With Stocks Falling – Rick Rule

3 thoughts on “Gold’s Rally Had Nothing To Do With Stocks Falling – Rick Rule”

Comments are closed.