Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Rick Rule: Very Satisfied with Gold’s Performance this Year

The gold price has had a tough time reaching — and staying above — $1,300 per ounce this year, but Rick Rule of Sprott US Holdings isn't concerned.

"I'm very satisfied ... with gold's performance this year," he said at the New Orleans Investment Conference. "The fact that gold has done well during a time with minimal turbulence says that it has performed its job in terms of maintaining or increasing people's purchasing power."