Sunday, July 22, 2018

Rick Rule: Fake Dollar Strength, Real Weakness Elsewhere

President of US Sprott Holdings Rick Rule expects commodity stocks to play “catch up." Many mergers and acquisitions in the mining business are coming, Rule predicts. 

Rule says gold and silver have been weak largely because their denominated in the strengthening Dollar. 

But the Dollar strength has a good deal to do with the weakness of competing currencies and economies rather than actual strength of the U.S. economy. 

However, long term, Rule is optimistic regarding the U.S. economy.

- Source, Silver Doctors