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Rick Rule, if you’re not familiar with him, is a legendary metals and mining investor. In this interview with Gold Report, he gives his thoughts on the disconnect between metal equities and the metals themselves, along with his outlook for the US dollar and metals. A quick teaser/summary: Believes the disparity between gold stocks and […]
Forbes article Soros expects the oil/gold ratio to decline, closer to its historic average of 10. He expects gold to hold its ground, even if oil were to decline.
Up until this Fannie/Freddie bailout fiasco, I was still a bit on the fence about gold and the dollar – thought that gold should continue to go up, dollar should continue to go down – but hated essentially selling the US short. And I kept rechecking my assumptions, trying to think of ways the US […]
Naturally, you’d expect a guy who runs a site called GoldMoney to be bullish on the yellow relic. But James Turk is a sharp guy and his latest commentary is worth reading. Bottom line is that the bull market in gold cannot be over, because nothing has changed fundamentally.
Gold has taken off on light overseas trading during the New Year holiday, and the rally is continuing today. It has finally cleared it’s all-time high, at 859 as I write this. I don’t see any signs of this train slowing down.
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