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

Stardust Power Announces Year End 2024 Financial Results

March 28, 2025

Cyclone Metals, Vale to Develop Iron Bear Project...

February 20, 2025

Cardiex Announces Publication of Breakthrough Study Validating Noninvasive...

September 27, 2024

Metal Bank: Copper, Gold-focused Exploration in Australia and the...

February 22, 2025

Noble Minerals Acquires a Property with Significant Uranium,...

January 18, 2025

Gold and Silver Prices End Week Lower as...

June 1, 2024

Appeals Court Grants Trump Temporary Reprieve on Tariffs,...

May 31, 2025

Blue Lagoon Announces Final Tranche Of Private Placement

April 17, 2025

How to Invest in Technology (Updated 2024)

March 9, 2024

5 Top Weekly TSXV Stocks: Rio2 Leads After...

December 26, 2023

    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 (1,432)
    • Investing (3,523)
    • Politics (4,756)
    • World (4,659)
    • 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