‘As cheap as I’ve ever seen them’ – Rick Rule on beaten up resource stocks
The beaten up precious metal space has compelling valuation, said Rule.
“Gold stocks relative to their net present value at current gold prices are as cheap as I’ve ever seen them in my career.”
Sure…….
I’m down some 72% on my holdings the last 5+ years, but according to some, I should have patience and believe that these paper assets, have compelling value?