Gold will do well this year but is not on a verge of a breakout, says Rick Rule, CEO of Sprott U.S. Holdings."Confidence in too many things is too high," Rule told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "gold does well when people are afraid of other stuff." Rule is more upbeat on gold miners, despite miners having lagged physical gold last year. "Gold miners are going to surprise, particularly because of low expectations," Rule said.
The situation for bitcoin investors right now is tough, but as we look at the crypto exchange-traded funds and the digital currency, I see one good 'option.'
Watch this hour-long private event with the legendary investor as he shares his views and outlook on the market, the Fed, stocks, crypto and much more!
Funny how re-openings work after forced shutdowns fail in one way or another.
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