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The broad equities index remains the only "risk" to gold and gold financiers, stated Rick Guideline, head of state of Sprott UNITED STATE
. The "existential situation" dealing with the gold market comes from the lack of exploration activity from miners.
0:00 – Gold miners: still overbought?
5:13 – Gold's function for capitalists
8:39 – Gold's threat
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Gold’s only ‘threat’ is this asset; faces 'existential crisis' says Rick Rule (Pt. 2/2)
Watch part 1 of this interview: https://youtu.be/p_ABDbvTZ04
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
__________________________________________________________________
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.
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Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
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