• Same story, different day...........year ie more of the same fiat floods the world
  • There are no markets
  • "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

Why Mining Is In A 'Good Spot' - Yamana Gold CEO

Scorpio

Скорпион
Founding Member
Board Elder
Site Mgr
Sr Site Supporter
Joined
Mar 25, 2010
Messages
24,563
Likes
27,361
#1
vid interview at link:

Why Mining Is In A 'Good Spot' - Yamana Gold CEO

Mar 01, 2017

Gold prices are likely to stabilize this year, creating a new foundation for higher prices, but not for the reasons most would think, this according to Yamana Gold CEO Peter Marrone. ‘I believe what influences the gold price…it’s more history than it is economics,’ he told Kitco News’ Daniela Cambone on the sidelines of the BMO Metals & Mining conference. ‘Supply and demand clearly are important factors to it but a lot of it is also what goes to that emotional side as well.' Because of this, Marrone said he isn’t too ‘fussed’ about with what will happen to the Fed’s Fund rate or the U.S. dollar, two factors that have been negatively affecting the yellow metal.

http://www.kitco.com/news/video/sho...hy-Mining-Is-In-A-Good-Spot---Yamana-Gold-CEO