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Rick Rule: I'm Delighted Gold Stocks Are Falling
💡Rick has spent 50 years in resource investing and says the gold M&A cycle is just getting started. Follow along with Wealthion’s Real Assets Community at www.wealthion.com/getready
You Asked, Rick Rule Answers….
Rick tells Trey he's delighted to see gold stocks getting weaker, and explains why investors are using the oil price as a "solidly farcical" excuse to avoid buying. He walks through the arithmetic: even if oil pushes mining costs up 9%, Wall Street is pricing gold at $3,500 when it trades near $5,000. Rick also sees a major gold M&A wave coming in the next two to five years as top…
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