After gold’s flat performance in 2022, mining sector entrepreneur Ross Beaty expects a better year in 2023. “Quite frankly, I think there’s so much momentum right now — I’m very confident gold’s going to blow through its previous high and sail into new territory, probably this year,” he said.

    Beaty also spoke about the future for Equinox Gold and why this year could be “explosive” for juniors.

    This interview was filmed on January 30, 2023.

    #Investing #Gold #Silver

    0:00 – Intro
    0:23 – Equinox Gold and why bigger is better
    4:17 – Gold demand growing, supply flat
    7:43 – New high for gold coming in 2023
    11:04 – How inflation is impacting gold miners
    13:44 – Gold and silver during stagflation
    16:53 – 2023 could be explosive for juniors
    18:37 – Outro

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    18 Comments

    1. 1 million ounces is a good short term goal. It’s crazy to know Newmont produces north of 6,000,000 ounces a year. EQX has a lot of work to do but I believe in Ross and his leadership. Long ✅

    2. Interesting guy. But he doesn't mention the suppression and corruption involved in the paper Gold price. His demand and production thesis is bang on, unfortunately Gold is "priced" fully decoupled from reality.

    3. Where does Ross think the 200 million ounces of Silver will come from this year to make up the supply demand deficit?
      That is the Elephant in the room
      Predicting price without addressing this issue is a fool's errand

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