Click here to get this article in PDF
The recent gold cost rally might have gone "also far, as well quickly," claimed Rick Rule, president of Sprott U.S.
" I assume [gold] might be, in the near-term, overpriced. The reality is that gold advancing market, traditionally, have been extraordinarily unstable. It would not surprise me to see gold go to $1,900, it wouldn't surprise me to see it most likely to $1,650," Guideline told Kitco Information.
In the intermediate term, Guideline maintains a bullish stance.
__________________________________________________________________
Kitco News is the globe's # 1 resource of steels market info. Our video clips feature meetings with prominent sector figures to bring you market-affecting understandings, with the objective helpful individuals make notified financial investment decisions.
Subscribe to our network to stay up to day on the current insights moving the steels markets.
For more breaking news, go to
Follow us on social media:
Facebook –
Twitter –
Google+:.
StockTwits -.
Online gold rate and graphes:.
Live silver price and charts:.
Don't forget to register for Kitco Information' Weekly Roundup– comes out every Friday to evaluate the best stories & video clips of the week:.
Join the conversation @ The Kitco Forums and become part of the premier online community for precious metals financiers:.
Disclaimer: Video clips are not trading guidance and the views shared may not reflect those of Kitco Metals Inc
.
Rick Rule says gold 'overpriced' near-term; still 'wildly bullish' long-term (Part 2)
The recent gold price rally may have gone "too far, too fast," said Rick Rule, president of Sprott U.S.
"I think [gold] might be, in the near-term, overpriced. The truth is that gold bull markets, historically, have been extraordinarily volatile. It wouldn't surprise me to see gold go to $1,900, it wouldn't surprise me to see it go to $1,650," Rule told Kitco News.
In the intermediate term, Rule maintains a bullish stance.
__________________________________________________________________
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.
