Extraordinary moves in the 2- and 10-year notes are affecting all markets, but the impact has especially been felt on the precious metals. This week, host Craig Hemke and legendary resource investor Rick Rule of Sprott, Inc. break down all the gold and silver news you need to understand what the latest moves mean for you.
In this edition of the Weekly Wrap-Up, you’ll hear:
- Why the coming decade might be like the 1970s.
- The latest on the Silver Squeeze movement.
- Plus: The inner workings of the Sprott-managed PSLV
“The move in precious metals prices is most often in direct correlation with the direction of interest rates, particularly on sovereign interest rates, and particularly on U.S. sovereign interest rates. So, any firming in the interest rate is good for the precious metals price. Speculators need to determine whether this move higher in interest rates will continue.”
To hear Rick’s full thoughts on the week’s gold and silver news, listen here:
