No Turning Back for Gold Prices – This Time It’s Different
The Daniela Cambone Show Mar 25, 2024
Michael Steinmann, CEO of Pan American Silver, emphasized that gold miner stocks need to catch up to the price of gold. When speaking with Daniela Cambone at PDAC, he remains optimistic that the momentum will return to gold, especially as interest rates are expected to decrease later this year. Steinmann also highlighted the high demand for silver, stating, “When you look at the demand on the industrial side, it’s amazing where it’s going.” For further insights, watch the interview.
CHAPTERS:
00:00 Gold miners price
2:00 Tough tell for gold/silver
3:16 Fed
3:45 Company goal
4:36 Silver forecast
