Rick Rule Says Gold Overpriced Near Term, Still Wildly Bullish Long Term

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.

- Source, Kitco News