The gold bull market today is not close to being over, president of US Sprott Holdings Rick Rule forecasts. Recent price drops don't mean much. "Volatility it part of the DNA of gold bull markets."
Rick shares mining investing insight. When investing in mining companies, the most overlooked statistic is net present value.
Miles Franklin president Andy Schectman asks Rick about Bitcoin. Rick says Bitcoin is not replacing gold.
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.