Gold Going Higher as Dollar Strength a Short Term Phenomenon

The dollar is rallying due to worries about economic strength abroad, but the US Government's balance sheet continues to hold a worrying amount of unfunded liabilities, said Rick Rule, Chairman of Sprott Global Resource Investments. Sprott added that the demographic and debt problems plaguing the country before the 2008 financial crisis were never addressed. He advises holding gold over lagging mining stocks because there are too many qualitative differences between the miners and he said he does expect African producers like Randgold to bounce back after the ebola scare finishes.