He says, “Anyone who has invested in gold equities should do very well in the next few years.” He discusses the reasons for the last bull market and why it’s a bit different this time.
Mr. Beaty outlines his strategies for building a leading mid-tier company and what investors should be looking for in mining equities. He says, “The real gains that are coming will be huge.”
Time Stamp Reference:
00:37 – Ross’s background with Equinox Resources.
01:20 – Building Pan American Silver.
02:15 – Bull market started end of 2015.
03:35 – Gold equities have been walloped.
04:30 – Early 2000’s gold rally impression.
07:15 – Golds safe-haven status in financial meltdowns.
08:50 – His goal in starting Equinox Gold.
12:00 – How to build a mid-tier company.
14:40 – Jurisdictional challenges with California
18:00 – Picking assets to acquire as a mid-tier.
20:00 – Leverage and magnification in mining equities.
21:40 – Tips for investors capitalizing in this space.
The SPDR Gold Trust ETF (GLD) rose $0.56 (+0.49%) in premarket trading Thursday. Year-to-date, GLD has declined -6.87%, versus a 1.82% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of Palisade Research.