Rick Rule, CEO of Sprott US Holdings, shares his thoughts on precious metal stocks.

Rick Rule, CEO of Sprott US Holdings, shares his thoughts on precious metal stocks.

I think the precious metal stocks will do well in the next 12-18 months. First of all, being unloved, which makes them cheap. But sectors move because they outperform expectations. And the expectations in the precious metals sector are so low. The industry almost can’t help but exceed expectations which are of course nonexistent.

We have just seen the agricultural minerals potash and phosphate move into an uptrend. I think we have seen the very beginnings of an uptrend in uranium. We’ve seen the beginnings of an uptrend in platinum. All of those materials are off investors radar.

They’re all unloved, cheap and it would appear that they’re in the beginnings of uptrends. Said by Rick Rule CEO of Sprott US Holdings.