'Summer doldrums are insane this year' - Soar Financial

When pandemic restrictions eased at the start of summer, Soar Financial's CEO Kai Hoffmann said the slowdown in the markets was remarkable.
Hoffmann spoke to Kitco on Tuesday about the drop off in mine financings partly due to falling precious metal prices. Soar Financial kicks off a European-focused conference on Wednesday, August 11, 2021.
"It doesn't matter if you're in gold, silver, copper. It's just generally slower out there because the gold price is weak," said Hoffmann. "[There's a lot of] insecurity around the markets, and of course it's the summer: we're in a high-risk sector. People just dropped their pens. Summer doldrums are insane this year." (show less)

When pandemic restrictions eased at the start of summer, Soar Financial's CEO Kai Hoffmann said the slowdown in the markets was remarkable.
Hoffmann spoke to Kitco on Tuesday about the drop off in mine financings partly due to falling precious metal prices. Soar Financial kicks off a European-focused conference on Wednesday, August 11, 2021.
"It doesn't matter if you're in gold, silver, copper. It's just generally slower out there because the gold price is ... (read more)

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