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.
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries.