It’s been a quiet week for gold and silver, but don’t let that fool you: there’s still plenty to talk about in the precious metals space. Host Craig Hemke sits down with legendary resource investor Rick Rule of Sprott, Inc. to break down all the gold and silver news you need to understand current Fed policy, gold prices, and what’s happening in the junior mining sector.
In this edition of The Weekly Wrap-Up, you’ll hear:
- How a stock market correction would play out with precious metals
- The latest on the uranium market
- Plus: How safe is PSLV silver when it’s at the Royal Canadian Mint?
“Well, I guess I’ll come across as old and cynical, but I don’t pay an awful lot of attention to what they say. For two reasons. I think that their job is to misdirect, which is a polite way to say ‘lie.’ And I think they also respond to circumstances, which is to say they do what they believe that they can get away with. Certainly, with the liquidity that’s in the economy now and the ostensible good economic times, I think the Fed believes that they don’t have to engage in very aggressive yield management.”
To hear Rick’s full thoughts on the week’s gold and silver news, listen here: