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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31 Comments
Make Silver Great again!
GOLD IS GOD'S MONEY – the BIBLE SAYS SO ✨️ 🙏 💛
"This time it's different" – Famous last words.
This kind of show we miss in the EU ,but about gold, the sentiment of the streets influences the small buyers, this multicultural fuck up,of the EU politicians makes people to see EU is finished,and heading for a disaster, and what kind of idiot would think it's normal to spend 1,5 milliard "( eu and america together !)a day!!" In a war that There is now "Way in hell "Oekraïne is going to win??? Instead of spending this lost money on defense of our borders , and preparing for war with Russia!!Which any normal leader would or "should"have done two years ago, but this money is now gone for good, and will never be paid back ?? So this being "said and done", wait till the war begins between Europe and Russia, the price of gold is going to shoot skyhigh, 📈
Brics is coming and cbdc. Its the end of the USD and America.
I lost count of how many times Steinnman said ‘I don’t know’!
As long as there are money counterfeiting banksters counterfeiting our money gold will go up.
Hi Gorgeous Daniela and GUEST
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.
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…hydrogen power revolution
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
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.
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
😂this guy needs to lose wt, eating bad oils, process foods, notworki ouy etc
How should silver behave during a recession?
still a good time to put some extra cash away (into Ag and Au, for "safe keeping " then?🤑
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!
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!
MMC.ASX best silver and gold stock ever 😊
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.
How can you talk about the "Gold market" when everybody knows that it's rigged and manipulated!
This guy holds his gold nuts in his jowls.
If you dont hold it you dont own it.
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?!?
If the Comex and others are really low on stock then mining will take off.
Are gold backs a good investment for a more affordable strategy?
Abysmal performance this sector as a whole
DropComment &TapLike 4AIgoz
If Silver is so valuable, why don't silver miners keep it, and get cheep debt to finance operations?
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!
PHYSICAL 🤌🏽🤌🏽🤌🏽
#Bitcoin🥁🥳❤️