Why $1,400 Gold Is So Critical Says Amir Adnani
$1,400 an ounce for gold is a price level not seen in six to seven years, and is a level that is needed to kick mining projects into overdrive, said Amir Adnani, chairman of GoldMining and CEO of UEC.
“It’s a mark that from a standpoint of project development, makes many other projects that are maybe borderline economic or just need that extra move in the gold price to become interesting and economic, and also it’s the price that makes most intermediate gold producers start to trade at a premium to [net asset value],” Adnani told Kitco News on the sidelines of the PDAC 2019.
Once miners start trading at a premium, they will start focusing on the growth pipeline, making exploration and development much more positive.
_________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Видео Why $1,400 Gold Is So Critical Says Amir Adnani канала Kitco NEWS
“It’s a mark that from a standpoint of project development, makes many other projects that are maybe borderline economic or just need that extra move in the gold price to become interesting and economic, and also it’s the price that makes most intermediate gold producers start to trade at a premium to [net asset value],” Adnani told Kitco News on the sidelines of the PDAC 2019.
Once miners start trading at a premium, they will start focusing on the growth pipeline, making exploration and development much more positive.
_________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Видео Why $1,400 Gold Is So Critical Says Amir Adnani канала Kitco NEWS
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
![Seniors Or Juniors? - Daniela & Alex Hit The PDAC Floor | Kitco News Special](https://i.ytimg.com/vi/eSxNDJHMId8/default.jpg)
![Gold's Rally and the ‘Trio of Indicators’ - Gary Wagner](https://i.ytimg.com/vi/GdhnuzbuH6M/default.jpg)
![True inflation is 2-3 times higher than CPI, government is 'gaslighting' us - Michael Wilkerson](https://i.ytimg.com/vi/oyqL7FxWn0Q/default.jpg)
![Private Equity Is Taking Over Everything from Banking to Tech, Wealth Transfer That’s Happening Now](https://i.ytimg.com/vi/l34mQFBeTdQ/default.jpg)
![Gold Hitting New Record Highs – This Is What’s Really Driving the Price](https://i.ytimg.com/vi/mPCpKiEYBpw/default.jpg)
![Decade-Long Bear Market for this commodity is over - we are in the New Growth Phase- Amir Adnani](https://i.ytimg.com/vi/eblinSxumC0/default.jpg)
![More bank failures coming as Fed creates 'breakage', 'be bold' in buying gold - DiMartino Booth](https://i.ytimg.com/vi/QWoWHQpB73M/default.jpg)
![Gareth Soloway called 2022's best asset, now he reveals 2023's best investment](https://i.ytimg.com/vi/g2sR-5nnUvo/default.jpg)
!['Nobody's mentioning the 800-pound gorilla in the room' - Willem Middlekoop on inflation naysayers](https://i.ytimg.com/vi/HPOwdvWSWUs/default.jpg)
![Gold to hit all-time high in 2023, only this can stop it - Adrian Day](https://i.ytimg.com/vi/0vX6cizDi2A/default.jpg)
![SVB collapse aftershocks: Expect this for bank contagion, Fed, gold and Dollar - Matt Piepenburg](https://i.ytimg.com/vi/Duv3jJeKqdc/default.jpg)
![Gold's Nominal Highs Misleading, Real Value Much Higher - Lobo Tiggre](https://i.ytimg.com/vi/v7-YprDdMyw/default.jpg)
![U.S. enters ‘sustained’ crisis as recession fears, de-dollarizarion push ETFs into gold - Will Rhind](https://i.ytimg.com/vi/xOVC7UdjpBc/default.jpg)
![Canada's Economic System is Broken: Debt and Bureaucracy on the Rise - Frank Stronach](https://i.ytimg.com/vi/1wE8asjwwRk/default.jpg)
![Fed tightening: It’ll come, and it’ll be a 'crisis', $1,800 gold is 'good price' - Adrian Day](https://i.ytimg.com/vi/O4hoV9779mQ/default.jpg)
![Gareth Soloway: Bitcoin to target $9k, S&P 500 to fall 25% in 2023, no early Fed rescue](https://i.ytimg.com/vi/ENwb4vWeHc0/default.jpg)
![Canada Is Losing the Geopolitical Resource Game, Government ‘Couldn’t Care Less’](https://i.ytimg.com/vi/AbT54pCfS_0/default.jpg)
![Silver is the one metal 'that is going to play catch up' - Keith Neumeyer](https://i.ytimg.com/vi/08VlLgh1Cm0/default.jpg)
![Unemployment to 6% soon, $12k Bitcoin is next - Alfonso Peccatiello](https://i.ytimg.com/vi/OErgcWOU2ws/default.jpg)
![The best trading tips you'll hear: Gareth Soloway's principles to becoming a master trader](https://i.ytimg.com/vi/uni_Ck5yf-A/default.jpg)
![Gold, silver to outperform in 2023, how to become a master trader - Gareth Soloway](https://i.ytimg.com/vi/TpIaDwk8hG0/default.jpg)