The last time gold and dollar did this, gold won — Rick Rule

In an interview with Kitco News, known gold bull and Sprott U.S. Holdings chief Rick Rule said he remains bullish on gold despite the weakness in prices and despite the stronger U.S. dollar index.

“There’s been three times in my career where gold has done well in U.S. dollar terms during a period of U.S. dollar strength,” he said. “In each case, that ended with the dollar rolling over a bit and gold doing extraordinarily well.”

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