This interview was filmed on August 10, 2020. Gold and silver prices may be correcting this week, but for mining heavyweight Ross Beaty the outlook for both precious metals remains bright. Speaking to the Investing News Network, he laid out the factors he sees driving both gold and silver, describing himself as "bullish for the foreseeable future."
0:00 - Intro0:17 - Factors driving gold and where we are in the cycle3:35 - Could anything throw gold off its path?6:49 - Where silver is at and where it could go10:14 - "My big advice would be don't sell too soon"13:10 - Why aren't precious metals stocks rising?15:44 - What companies should in this price environment18:16 - "I'm heavily invested in the gold and silver space"19:50 - Outro
Ross J. Beaty is an entrepreneur and businessperson who has been at the helm of 12 different companies and is Chairman for Equinox Gold Corp., Chairman at Pan American Silver Corp. (which he founded in 1994) and Chairman for Regalito Copper Corp. Ross J. Beaty is also President & Director at Sitka Foundation and on the board of 5 other companies. He is the founder of 6 different companies, including: Pan American Silver Corp., Global Copper Corp. and Northern Peru Copper Corp.