Video News/Market Analysis

Jeremy Szafron, Anchor at Kitco News, interviews Brett Heath, CEO of Metalla Royalty, to discuss the critical dynamics shaping the gold and copper markets. Heath provides an in-depth analysis of gold's price surge, noting the incredible price action despite minimal investor participation and predicting prices will go much higher than anticipated. He explains surprising outflows from gold ETFs like the GDXJ despite record-breaking prices, indicating potential future market shifts. Additionally, Heath sheds light on the long-term challenges in the copper market, emphasizing the inelastic supply and rising demand, driven by mines that started production in the 1950s and 60s. This setup, combined with a well-documented supply deficit extending through the mid-2030s, could significantly impact copper prices