Peak Gold? We’re In It Already Says Expert

Gold has already peaked in terms of production, but it may be years before prices reflect this reality, this according to Jorge Ramiro Monroy, managing director of Emerging Markets Capital.
“We’re all waiting for that scenario to really unfold,” Monroy told Kitco News on the sidelines of the Mines and Money New York conference. “We’re in it already. The trick is that it could still be years before there is a break in the system. You already saw it with palladium this year where actual physical constraints made prices shoot up. Silver is looking like it could have something similar.” (show less)

Gold has already peaked in terms of production, but it may be years before prices reflect this reality, this according to Jorge Ramiro Monroy, managing director of Emerging Markets Capital.
“We’re all waiting for that scenario to really unfold,” Monroy told Kitco News on the sidelines of the Mines and Money New York conference. “We’re in it already. The trick is that it could still be years before there is a break in the system. You already saw it with ... (read more)

Mines & Money New York

Mines & Money New York
New York is a global centre for finance. As commodities prices continue to rise, many generalist investors are returning to the sector. Coupled with the number of natural resource specialists based in New York and the surrounding East Coast, the reasons for having a mining event in New York have never been stronger.New York has been without a major mining investment show for too long. Now in its 3rd year, Mines and Money New York is that event.

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