- 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.
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 :^)
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