'The riskiest assets on the planet' - Rick Rule on when to bet on gold stocks

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

'The riskiest assets on the planet' - Rick Rule on when to bet on gold stocks RickRule

- While gold prices have been relatively high this year, it could be too early to leap into junior gold stocks, said Rick Rule, president and CEO of Rule Investment Media.

Gold gained $150 in March — its best month since July 2020, noted Kitco's Anna Golubova. Analysts are seeing markets contradicting the Fed's messaging, and gold may have lots more upside, including testing and breaking record highs in April. "A move up may be right in terms of direction, but [investors] may be wrong in terms of timing," said Rule who likes the macro environment for gold but sees other factors weighing on the sector.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When to bet on Gold stocks: Right before a huge appreciation in gold value! Ok, but when? Oh, you'll only know after it happens :^)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Industry Minister Champagne to rule on Rogers-Shaw takeover FridayOttawa’s approval would allow the transfer of Shaw’s wireless licences to Quebecor’s Videotron Government has abdicated their responsibilities They paid him off, no doubt. Unfortunately for Rogers, they’re still stuck operating in Canada.
Source: globeandmail - 🏆 5. / 92 Read more »