In the premiere of Kitco News: Legends, iconic company builder Ross Beaty sits down with Jeremy Szafron for a masterclass on navigating today’s chaotic market. With gold at all-time highs and miners rallying over 90% year-to-date, Beaty gives his unvarnished take on the euphoria, calling the move a “secular breakout” and advising investors on how to approach this generational opportunity.
He deconstructs his personal playbook, revealing the critical importance of diversification by citing recent operational challenges at his own mines, his skepticism of a major M&A wave, and the real story behind his latest multi-million dollar investment. This is a rare look inside the mind of a legend, with timeless lessons on investing, leadership, and building lasting value.
In this interview, Ross Beaty reveals:
-His core advice for investors in this euphoric market.
-Why he believes this is a “secular breakout” comparable to 2009.
-The key to protecting profit margins in an inflationary environment.
-Why he is skeptical of a major M&A wave happening anytime soon.
-How recent operational failures proved the power of diversification.
-His contrarian take on the “critical minerals” craze, calling out politicians who “have no clue”.
-The 22-year relationship that was the real reason for his Scorpio Gold investment.
-The red flags he looks for in a leader.
-His surprising disagreement with the “talent crisis” narrative in mining.
Follow Jeremy Szafron on X: @JeremySzafron (
Follow Kitco News on X: @KitcoNewsNOW (
00:00 Introduction
01:47 Current Market Sentiments and Predictions
04:24 Challenges and Strategies in the Mining Sector
10:04 The Importance of Diversification and Jurisdictional Risks
18:59 Investment Insights and Personal Reflections
23:02 Identifying Good Investors
23:38 Risk Tolerance and Company Structure
24:50 Cyclical Nature of Mining Investments
26:11 Long-Term Investment Strategies
33:49 Philanthropy and Environmental Focus
39:31 Future of Mining and Legacy
#RossBeaty #Gold #Investing #MiningStocks #Silver #KitcoNews #Legends
__________________________________________________________________
Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage.
FOLLOW US:
X:
Instagram:
Facebook:
LinkedIn:
Visit: for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.
Live gold price and chart:
Live silver price and chart:
Live crypto market data:
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at:
Disclaimer:
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
source
26 Comments
What was the single most valuable piece of advice you took away from this conversation with Ross Beaty?
We'd love to hear your biggest takeaways in the replies!
Who is John Paul ???
secular breakout in a 3rd world currency
SGN.v IS A VANCOUVER STOCK PROMOTION. Watch out.
When Ross talked about efficient processes, I couldn't help but think of how Pneumatic Workflow transformed our review systems. Truly invaluable!
never thought about diversification like that, interesting
never thought about diversification like that, interesting
ross beaty really knows his stuff 🔥
man this makes me rethink my investments lol
gold at all-time highs?? time to buy more!
finally someone gives solid advice on gold 👍
never thought id hear secular breakout in 2023 lol
Ross Beaty's leadership insights are pure gold! We've improved team efficiency with Pneumatic Workflow's role-based access. It's been a real boost.
im keeping my stocks after watching this
ross beaty really knows his stuff on markets
ross beaty always brings real insights 👌
Loved hearing Ross on attracting talent. We've streamlined our onboarding with Pneumatic Workflow, making it so much easier to bring in new folks.
dude i never thought of diversification like this
gold miners rally over 90%?? mind blown
i needed this explanation to finally get it lol
ross beaty dropping some serious knowledge here
yo this might change my investment strategy
this explains a lot about the market rally
never thought id understand gold markets like this 😅
Ross Beaty's advice on diversification is spot on. It made me think of how my team uses Pneumatic Workflow to manage our varied projects. Having the right tools really makes a difference!
really making me rethink my investment strategy 🤔