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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 23358.20 0.43%
S&P 500 2578.85 0.26%
NASDAQ 6782.79 0.15%
TSX 15998.57 0.40%
TSX-V 799.35 0.00%

Resource Commodities

Name Last Change
Gold 1292.66 0.12%
Silver 17.23 0.46%
Copper 3.06 0.62%
Platinum 952.00 1.56%
Oil 56.55 2.49%
Natural Gas 3.10 1.42%
Uranium 24.25 N/A
Zinc 1.45 0.00%

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