The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Investing

Randy Smallwood: Gold Rush Going Global, Silver Waiting for Retail Wakeup

by admin October 23, 2024
October 23, 2024
Randy Smallwood: Gold Rush Going Global, Silver Waiting for Retail Wakeup

While momentum began in the east, he now sees the west increasingly turning to gold as a safe haven.

‘I do really think what we’re looking at now is that this rush toward gold as a good, strong store of value — a good, strong measure of value, a good place to invest — is becoming a worldwide phenomenon,’ he said.

In terms of silver, Smallwood said that although the metal is moving, it needs western retail demand to see a true price breakout. Given its strong fundamentals, he thinks it won’t be long before that demand segment falls into place.

‘I think it’s really only a matter of time until that retail market wakes up in the silver space,’ he said.

Smallwood also outlined Wheaton’s strategy during today’s high precious metals price environment, saying that while the company hasn’t closed many deals so far in 2024, it’s hoping to make more moves before the end of the year.

Watch the interview above for more of this thoughts on gold and silver, as well as Wheaton’s future plans.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Proposed Acquisition of 2D Generation and Capital Raise
next post
Excellent Metallurgical Results at Hotinvaara Enhance Entire Pulju Project

Related Posts

Fortune Minerals

February 13, 2024

SKRR Exploration Announces Mutual Termination of Share Exchange...

May 31, 2024

Trump Ties Ukraine Aid to US$500 Billion in...

February 14, 2025

Copper and Consequences: US Tariffs Stir Uncertainty in...

April 15, 2025

Zodiac Gold Enters into Market-Making Services Agreement

November 12, 2024

Quimbaya Gold Closes Third Tranche and Upsizes Private...

February 14, 2025

Appia Announces Maiden Rare Earth Mineral Resource Estimate...

March 5, 2024

Skyharbour’s Partner North Shore Continues Drill Target Generation...

October 11, 2024

Acquisition of Penny South Gold Project, WA

September 3, 2024

Trailbreaker Resources Receives Exploration Permit for Swan Target...

May 7, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,402)
    • Investing (3,381)
    • Politics (4,562)
    • World (4,498)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved