20 min listen
Why gold miners are set for their most profitable year ever
Why gold miners are set for their most profitable year ever
ratings:
Length:
17 minutes
Released:
Nov 15, 2021
Format:
Podcast episode
Description
While 2020 may have seen gold broach peak prices in some currencies, the average cost of the metal in 2021 is a bigger boost for gold miners, according to Ronald-Peter Stoeferle. Stoeferle spoke to Kitco on Friday. He is managing partner at Incrementum AG. "The average gold price is at an all-time high," said Stoeferle commenting on 2021. "Of course we are seeing some cost inflation when it comes to labor and materials, but the margin of the producers is still spectacularly high."
Released:
Nov 15, 2021
Format:
Podcast episode
Titles in the series (100)
Economy to shut down again this winter says Lobo Tiggre, investor who called gold price drop: "If Biden is sworn in, he'll shut the economy down this winter more than Trump would have. USD goes under the bus, stagflation is likely. They'll blame COVID-19, but for once, socialism might also get some of the blame for the trouble it causes..." said Lobo Tiggre of the Independent Speculator in a Tweet made last week. by Kitco NEWS Interviews