We're enduring a duration of "geological rising cost of living" which describes a setting of ever raising demand for metals, however diminishing reserves, claimed Randy Smallwood, CEO of Wheaton Priceless Metals.
" It is getting harder and also harder to discover properties, to locate possibilities, to expand, to locate exploration," Smallwood stated.
0:00 – Significant difficulties encountering miners
2:06 – Dwindling reserves
5:00 – What occurs if there were no miners?
8:59 – Gold price and supply
12:25 – Gold's industrial uses
14:15 – Manufacturing advice
16:02 – Wheaton's 2020 economic outcomes
Kitco Information is the globe's # 1 source of metals market information. Our video clips feature meetings with famous industry figures to bring you market-affecting understandings, with the goal helpful people make notified financial investment decisions.
Register for our network to stay up to date on the most up to date insights moving the metals markets.
For even more breaking information, check out
Follow us on social networks:
Real-time gold price and graphes:
Live silver price as well as graphes:
Don't fail to remember to register for Kitco News' Weekly Summary– comes out every Friday to wrap up the most popular tales & videos of the week:
Sign up with the discussion @ The Kitco Forums and become part of the premier on the internet neighborhood for precious metals capitalists:
Please note: Videos are not trading recommendations as well as the sights shared may not mirror those of Kitco Metals Inc