Moody’s Credit Rating reflected a weakened outlook of gold as it reduced its assumption for gold price in the next couple of years. Cutting its Gold price forecast for the year, Moody’s Investor’s Service said that the credit ratings of the Canada’s largest precious metal producers are at a risk.
We may be headed into a new year, but Chris Thompson expects more of the same in the precious metals prices: Volatility. In this interview, he advises investors to play that volatility. He details why—despite its higher royalty tax—Mexico remains a silver powerhouse, and which companies will feel the royalty pinch most.
A dearth of financing is culling the junior mining herd. Who will be left? Philip Ker, a mining analyst with PI Financial in Toronto, believes cash-flow generators in safe jurisdictions will continue to perform in this market.
The legendary chairman of Sprott Inc. says it's time for people to take matters into their own hands and that means pushing further and further into precious metals equities as well as physical gold and silver.