“I don’t think we are at peak gold” – Ian Ball

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Regardless of warnings of gold being harder and also more difficult to change with new discoveries, Ian Sphere, CEO and also head of state of Abitibi Royalties (TSX-V: RZZ), said that development as well as prices signals will discover a means to maintain the marketplaces well supplied with the precious metal.

Sphere spoke to Kitco at the PDAC meeting in Toronto.

" I don't think we go to peak gold," stated Round. "If you look at peak oil, that has been taking place for 30 to 40 years and oil manufacturing is at an all-time high."

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