RERUN: Silver Versus Gold: Which Is 2019's Winner? CEO Weighs In

Silver simply has better fundamentals than gold, but will take a while before prices catch up to its yellow metal counterpart, this according to Randy Smallwood, CEO of Wheaton Precious Metals. “I think there are better fundamentals behind silver than gold just because of the increase of industrial demand, the high efficiency electronics that we all demand in terms of mobility and such. Silver’s going to play a role in this, playing a more increasing role all the time,” Smallwood told Kitco News on the sidelines of the Prospectors & Developers Association of Canada convention in Toronto.Smallwood added that peak silver was reached a long time ago, but despite rising demand and falling supply contributing to good fundamentals, silver’s prices usually lag gold.His comments come as the gold-silver ratio hovers around a multi-decade high of 85, which Smallwood said would not stay for very long. (show less)

Silver simply has better fundamentals than gold, but will take a while before prices catch up to its yellow metal counterpart, this according to Randy Smallwood, CEO of Wheaton Precious Metals. “I think there are better fundamentals behind silver than gold just because of the increase of industrial demand, the high efficiency electronics that we all demand in terms of mobility and such. Silver’s going to play a role in this, playing a more increasing role all the ... (read more)

PDAC 2019
PDAC 2019

PDAC: The World’s Premier Mineral Exploration & Mining Convention is the leading convention for people, companies and organizations in, or connected with, mineral exploration. In addition to meeting over 1,000 exhibitors, 3,500 investors and 25,600 attendees from 135 countries, you can also attend technical sessions, short courses and networking events. The four-day annual convention held in Toronto, Canada, has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry.

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