Mining Update | Rick Rule

Gold mining equities have been strong amid downward pressure in the precious metal markets. Hope regarding further mergers and acquisitions has had a positive effect on the miners.

Political uncertainties in South Africa may have an impact on gold production there. If political uncertainties remain, Rule’s suspicion is that gold production there will fall precipitately over the next five years.

Issues in Mexico are concerning as well with regard to mining. However, Rule says this doesn’t mean people shouldn’t invest in miners there.

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DISCLAIMER: The financial and political opinions expressed in this video are not necessarily of “Finance and Liberty” or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.
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