Gold will continue its role as a shop of worth, said Newmont's Chief Executive Officer Tom Palmer in a meeting with Kitco today.
Newmont launched its Q1 Thursday. In the year given that Newmont's last Q1, bitcoin has actually traded up from under $9,000 to over $50,000 with expanding institutional assistance.
" Gold is very long lasting. It's been a store of wide range for countless years for several human beings. When I take a look at some of the World Gold Council reports, you're still seeing gold quite has its role as that shop of worth," claimed Palmer.
" It's an $11 trillion market. It's fluid, it's managed, it's quickly transferable. I assume gold is mosting likely to be around for a long period of time."
0:17: Newmont's Q1 outcomes
1:07: Newmont's Ahafo and also Yanacocha
2:24: Newmont's copper exposure as well as energy change
3:50: Autonomous trucking
11:10 Gold and bitcoin
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