Sprott Inc. expert favors gold over US stock market as safer investment

Ryan McIntyre, an expert at Sprott Inc., advises investors to prioritize gold over the US stock market. Despite the precious metal’s price volatility in recent days, gold's surge past the level of $3,500 per ounce indicates the asset's strong upside potential. In contrast, McIntyre tells Kitco News that US equities remain more vulnerable to worsening market conditions.

At the same time, gold has already established itself above $3,000, so traders should not worry about its price fluctuations. According to McIntyre, ongoing geopolitical and economic tensions provide solid support for gold prices, reinforcing its role as a traditional safe-haven asset during crises.

McIntyre believes that the US stock market is more volatile due to Donald Trump's unpredictable policies, the Fed's wait-and-see attitude, and recession threat. By comparing these risks, the expert favors gold as a more stable and reliable asset, advising investors to diversify their portfolios.