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Rick Rule: Very Satisfied with Gold’s Performance this Year

The gold price has had a tough time reaching — and staying above — $1,300 per ounce this year, but Rick Rule of Sprott US Holdings isn't concerned.

"I'm very satisfied ... with gold's performance this year," he said at the New Orleans Investment Conference. "The fact that gold has done well during a time with minimal turbulence says that it has performed its job in terms of maintaining or increasing people's purchasing power."

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MARKET SUMMARY

INDICES

Name Last Change
DOW 25706.70 0.36%
S&P 500 2809.21 0.03%
NASDAQ 7642.70 0.04%
TSX 15529.90 0.32%
TSX-V 693.12 0.00%

Resource Commodities

Name Last Change
Gold 1222.39 0.04%
Silver 14.59 0.00
Copper 2.77 0.010
Platinum 833.50 0.28%
Oil 69.75 3.11%
Natural Gas 3.32 2.44%
Uranium 27.68 0.00%
Zinc 1.19 0.00%

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