No Turning Back for Gold Prices - This Time It’s Different

Michael Steinmann, CEO of Pan American Silver, emphasized that gold miner stocks need to catch up to the price of gold. When speaking with Daniela Cambone at PDAC, he remains optimistic that the momentum will return to gold, especially as interest rates are expected to decrease later this year. Steinmann also highlighted the high demand for silver, stating, "When you look at the demand on the industrial side, it’s amazing where it’s going." For further insights, watch the interview.
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Пікірлер: 64

  • @johntynio3416
    @johntynio34162 ай бұрын

    The Daniela Cambone interviews are so good! They really help with being informed in the Gold and Precious Metals Arena for me and interested sector investors. Glad to hear from Michael Steinmann. Thanks Daniela!

  • @trump2609
    @trump26092 ай бұрын

    There’s always gold at the end of the 🌈 🍀 🌈

  • @ronaldmiller3619

    @ronaldmiller3619

    2 ай бұрын

    Which Rainbow

  • @syamkumarkaturi9761

    @syamkumarkaturi9761

    2 ай бұрын

    Poor people are unable to buy gold. ALL INDIAN POLITICIANS AND TERRORISTS STOCKS MORE GOLD SO GOLD PRICE SHOULD FALL EVEN MORE.... CHINA SHOULD PROMOTE PLATINUM STANDARD NO GOLD STANDARD...for hydrogen power revolution

  • @vincentyeo88

    @vincentyeo88

    2 ай бұрын

    What if you find it but can't find your way back home? 🤣🙃

  • @alexkuhnert6856
    @alexkuhnert68562 ай бұрын

    PAAS is a firm that is seldom interviewed on YT - so great to see them and learn about the firm's current efforts. Much thanks to both of you!

  • @leswilliamson3587
    @leswilliamson35872 ай бұрын

    Thanks

  • @ChrisLangkamp-mf2ik
    @ChrisLangkamp-mf2ik2 ай бұрын

    Hi Gorgeous Daniela and GUEST

  • @stevekamitsis1327
    @stevekamitsis13272 ай бұрын

    DC this is Stavros in Florida, good guest, I am a silver stacker, but guest was right I hold some dry powder for 12 months at 5.5 percent, which keeps me from currently stacking more metals, but I do add about 10 ounce every other month.

  • @roberttoomey1755
    @roberttoomey17552 ай бұрын

    Thanks for informing us ……..👍

  • @motorxplorer
    @motorxplorer2 ай бұрын

    Great CEO, big silver things to come for Pan American, doing a fantastic job, hope it’s better reflected in next few quarters earnings and keep those nice dividends

  • @trekker8033
    @trekker80332 ай бұрын

    It remains to be seen, still, how high BTC will go, and how high Gold can and will go. The difference is that you can look at and hold Gold. I like Silver personally, but the Comex and JP Morgan have a stranglehold on it. We shall see what the future holds for Bitcoin and for Gold. No predictions here!

  • @defranken

    @defranken

    2 ай бұрын

    There will come a point they lose control of the price and it should easily double.

  • @sphinx11982

    @sphinx11982

    2 ай бұрын

    Just wait till BRICS gold and silver will be treated better than the west

  • @neddyboy4846

    @neddyboy4846

    2 ай бұрын

    Silver always lags behind gold. Silver will spike soon. Its on sale until then. I like the gold and Silver mining stocks too. Hated, haven't moved for a long time, very cheap, pressure building, gold at all time highs going higher. And some of them pay a nice dividend.

  • @TheKlaus3001

    @TheKlaus3001

    2 ай бұрын

    It's not about price. It's about percentage change.

  • @brunovanhove1832

    @brunovanhove1832

    2 ай бұрын

    Well all things considered, I like silver and gold, Silver is in high demand for industry!!, but there is high possibility of war between eu and Russia, and a war time economy has now real use for silver, only alternative investment ! We will be fighting Russians ,not werewolves,,,And EU industries are already suffering the idiot decision of our high and mighty stupid leaders,to pump 1,5 milliards a day, In this Oekraïne war! Instead of preparing and pumping up our army's, and defending our borders like any sensible normal person would or should have done in the beginning of this lost case! But gold on the other hand, will shoot up even more, when the shooting begins between the EU and Russia. It always does in wartime.

  • @SoundMoneySociety
    @SoundMoneySocietyАй бұрын

    Make Silver Great again!

  • @LuLong-kk8gm
    @LuLong-kk8gm2 ай бұрын

    Idk about 'its different this time' there is a lot at stake for the elites. Also i reckon a windfall gold price will need a LOT more new liquidity to drive

  • @andreavandekleut6379
    @andreavandekleut63792 ай бұрын

    still a good time to put some extra cash away (into Ag and Au, for "safe keeping " then?🤑

  • @soullama7237
    @soullama72372 ай бұрын

    GOLD value have been suppressed for a long time as much as possible, now its breaking out slowly, get loaded at least one ounce folks and thank me later. My prediction GOLD 10X on the way.

  • @chrisa.515
    @chrisa.5152 ай бұрын

    "This time it's different" - Famous last words.

  • @joshanderson3640

    @joshanderson3640

    2 ай бұрын

    It already is. Used to hit 2k and drop. Been over 2k quite a while now and putting more room above it.

  • @tmo4330

    @tmo4330

    Ай бұрын

    @@joshanderson3640 Here is my take. The cost to build housing has never gone down. The price of new cars has never gone down. Inflation will continue. If NOT manipulated, the price of gold and even silver will probably never go down. We are talking paper vs real metal. Governments will always behave badly. They can print off paper but they can't print off metal.

  • @gmanlee575

    @gmanlee575

    Ай бұрын

    @joshanderson3640 Hw high you think this can go

  • @issenvan1050
    @issenvan10502 ай бұрын

    How should silver behave during a recession?

  • @tmo4330

    @tmo4330

    Ай бұрын

    I don't know about recession but silver is about half it's 1979 highs.

  • @nonokodog622
    @nonokodog6222 ай бұрын

    If the Comex and others are really low on stock then mining will take off.

  • @simonrowe3124
    @simonrowe31242 ай бұрын

    I lost count of how many times Steinnman said ‘I don’t know’!

  • @jackwright9102
    @jackwright91022 ай бұрын

    😊😊😊

  • @Jackximura
    @Jackximura2 ай бұрын

    Are gold backs a good investment for a more affordable strategy?

  • @Wis-husker

    @Wis-husker

    2 ай бұрын

    No..go with 1/10th oz. - Like British Sovereigns..

  • @mattslivar5174

    @mattslivar5174

    2 ай бұрын

    ​ tre while they are still cheap one day you won't be able to aford 1/10 oz

  • @erichood3169

    @erichood3169

    Ай бұрын

    ​@Wis-husker they all have a high premium that you have to make back before you can profit. Getting silver close to spot as possible is best strategy to profit. The gold is a waiting game.

  • @Wis-husker

    @Wis-husker

    Ай бұрын

    @@erichood3169 agreed.. however if you are in it for the long haul and looking for exposure to gold, I would get fractional gold VS gold backs.. especially if you have a tight budget and can find them on sale.

  • @jimcoleman8089
    @jimcoleman80892 ай бұрын

    KOOL

  • @mrme3717
    @mrme37172 ай бұрын

    The monetary system has evolved over the years, ( but not by natural forces, rather by the designs of bankers, who profit by their manipulations) Therefore, what you are experiencing today is not what it was in 1940, or in 1900 or in 1860 etc etc. It is important to keep this thought in mind. That the currency system is still in a state of flux, ever further manipulated to advantage the banker and disadvantage further (steal from ) the ignorant common man. 99% of the people, and we dont understand this at first, or the extent to which monetary practices have evolved to steal from us, because in our minds we work for money, our parents worked for money and so did our grandparents, so isn't it all pretty much the same with a little bit of inflation ? Hell no ! And because monetary principles can't be seen with our eyes, they are abstracts and hard to get our heads around, they are a completely separate topic to practical daily living, yet they effect our daily life totally. The first principle to understand is that you have been robbed of real money by successive bankers, because the whole idea of 'Money ' is to hold something of real value as your own property, and to receive something of real value for your labour and productivity. But you get nothing, you get zero of value. You get paper, or plastic or electrons for your work and efforts. You have been hood winked by slight of hand and mind. Your forefathers were paid in real money, but the bankers were limited in what they could loan out by metalic money, so they sought to do away with it, and they invented the promissory note, the 'bank note' which promised to be redeemable for a Silver or Gold coin. They did this to remove the natural restriction on what they could loan out, because new debt at interest is their primary tool of harvest. Then, gradually, they removed the metal altogether, telling you it was for your own good, because now you could have a booming economy and more commerce, and no limitation on how many hours both you and your partner could work . (The 'full employment' mandate simply means you all shall work all of the time until you die, but in the 1700s 6 months work would keep you alive all year if you owned your land. ) Once they had the Exclusive note printing power, they went to town, printing any amount their bought servants in government wanted, creating the national debt, whereby an unborn child is born in servitude and serfdom to an now $80,000 to $ 150,000 debt to who ? That would be the share holders of the Federal Reserve if you live in the United States, or the Central Bank in your country, and also the large private banks, for once government abrogated the currency creation power to both the Central and large private banks, they must then go cap in hand to the banks to build new public infrastructure. So now every county, state and nation has indebted their ' citizens' in totally unpayable debts to the currency creators. Meanwhile after Bretton Woods the Federal Reserve sent its agents around the world to ensure that all Central banks were created in its own image, doing exactly what it does, so no one shows them up, even though quite a few Central banks are not privately owned like the Federal Reserve is. So that's a small taste on the first faulty monetary principle and that's before we talk about the interest on the new worthless currency that they create for zero cost.

  • @DEPALMARULES
    @DEPALMARULES2 ай бұрын

    Abysmal performance this sector as a whole

  • @mrwolf750

    @mrwolf750

    2 ай бұрын

    Yes, it is typically filled with liars and thieves, which is why most investors avoid it.

  • @IAmMzJess
    @IAmMzJess2 ай бұрын

    PHYSICAL 🤌🏽🤌🏽🤌🏽

  • @TB-ki1ux
    @TB-ki1ux2 ай бұрын

    DropComment &TapLike 4AIgoz

  • @fredbear2648
    @fredbear26482 ай бұрын

    If Silver is so valuable, why don't silver miners keep it, and get cheep debt to finance operations?

  • @superstar5123

    @superstar5123

    2 ай бұрын

    if you had a job at one of these mines and did this, you would get FIRED.

  • @richardpeychers4076

    @richardpeychers4076

    2 ай бұрын

    Cheap finance? business takes liquidity.

  • @highballa95

    @highballa95

    2 ай бұрын

    Why do bullion dealers take devaluing cash for gold

  • @suzannethepatriot8049

    @suzannethepatriot8049

    2 ай бұрын

    @@highballa95To buy more gold.

  • @highballa95

    @highballa95

    2 ай бұрын

    @@suzannethepatriot8049 but if gold goes up they took your cash at 2000$ per ounce now let's say it's now 2100$ per ounce now they need the extra 100$ to stock back up

  • @bevleighlange3312
    @bevleighlange33122 ай бұрын

    GOLD IS GOD'S MONEY - the BIBLE SAYS SO ✨️ 🙏 💛

  • @wisteria4981
    @wisteria49812 ай бұрын

    #Bitcoin🥁🥳❤️

  • @trailerparkcryptoking5213
    @trailerparkcryptoking52132 ай бұрын

    If ~60% of silver is a byproduct of other minerals being mined then why isn’t it put into storage near the mine a put upward pressure on the price?!? The primary mined minerals will cover mining expenses, so that’s a nonissue! There are only three reasons that explain these actions: 1) The miner CEO’s are being paid 2) The miner CEO’s are being threatened 3) The miner CEO’s have been to Epstein Island and there are videos WHICH IS IT?!?

  • @NineteenEighty-Four

    @NineteenEighty-Four

    2 ай бұрын

    4) None of the above

  • @trailerparkcryptoking5213

    @trailerparkcryptoking5213

    2 ай бұрын

    @@NineteenEighty-Four Then what is it, since you know?!?

  • @ronaldmiller3619
    @ronaldmiller36192 ай бұрын

    😂this guy needs to lose wt, eating bad oils, process foods, notworki ouy etc

  • @neddyboy4846
    @neddyboy48462 ай бұрын

    As long as there are money counterfeiting banksters counterfeiting our money gold will go up.

  • @James-yu1yd
    @James-yu1yd2 ай бұрын

    MMC.ASX best silver and gold stock ever 😊

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