Interestingly it did not touch on crypto as a competitor or the pressure of investing in property from all walks of life.
The ending was key for me, with better times ahead for gold miners:But within the gold mining sector, even as sentiment is touching new lows, there is always optimism that greener pastures lie around the corner.
“This is a better business than it used to be 15 years ago, we’re making more money, we’re more disciplined,” Ammar Al-Joundi, chief executive of Agnico Eagle, said. “Ironically, the share price isn’t following.”
He said gold may be reacting to new stimuli, such as central bank buying in the aftermath of the sanctions against Russia, and that net outflows from bullion ETFs may be a result of higher interest rates. He predicted that when interest rates come down, gold prices may pop and investors will return not just to gold bullion ETFs but to miners, too.“I’m a pretty simple guy,” Al-Joundi said. “If the company makes a lot of money, the stock will follow.”
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Last
$17.08 |
Change
0.050(0.29%) |
Mkt cap ! $19.63B |
Open | High | Low | Value | Volume |
$17.20 | $17.23 | $16.99 | $106.3M | 6.349M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 937 | $17.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.08 | 4303 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 937 | 17.030 |
1 | 1000 | 17.000 |
1 | 600 | 16.980 |
1 | 1000 | 16.890 |
3 | 1750 | 16.800 |
Price($) | Vol. | No. |
---|---|---|
17.120 | 58 | 1 |
17.140 | 53 | 1 |
17.190 | 1000 | 1 |
17.210 | 1700 | 1 |
17.220 | 6113 | 3 |
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