$1500-$1600 is gold’s new price floor? This is where demand will come from – Tom Palmer

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Tom Palmer, CEO of Newmont, talks about why gold's price floor is climbing greater, as well as how inflationary stress and supply shortages are affecting the mining industry.

Palmer spoke with David Lin at the PDAC 2022 Convention in Toronto.

Comply With David Lin on Twitter: @davidlin_TV ()
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0:00 – Gold market outlook
3:49 – Gold mining earnings margins
7:13 – Supply chain problems in gold mining
9:06 – Oil costs as well as gold mining
9:55 – Rising cost of living
12:21 – Best chauffeurs of gold rate
15:43 – Explorations or purchases
16:51 – The Fed raising rates
18:35 – Why not hoard gold?
19:34 – ESG in mining
24:24 – Newmont's tasks

#gold #mining #inflation
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