Video News/Kitco Mining
'The magic number they were all waiting for' - Alamos Gold's John McCluskey on gold's breakout
Gold is finally getting some attention from the mainstream press, noted John A. McCluskey, president and CEO of Alamos Gold. On Wednesday McCluskey spoke to Kitco Mining. Talking generally about gold, McCluskey said investors are starting to notice the metal. Gold has hit several all-time highs in 2024 and recently broke through $2,500 ounce. "I've probably seen more articles on gold in the last week than I've seen in the last three months," said McCluskey. "You know, even though gold was running, the press was largely ignoring it. And suddenly, the Financial Times has got an article on gold, the Wall Street Journal has got an article on gold. Everybody's talking about gold all of a sudden" McCluskey speculated that $2,500 was the "...magic number they were all waiting for."
Guests: John McCluskey
Source: Kitco Mining
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