July Ends Better Than It Began for Gold and Silver Markets - Monthly Wrap Up
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As July comes to a close, precious metals show off some “solid green candles”. But with the biggest gold miner in the world washing out to the lowest levels in decades, is the worst finally behind us… or is the pain just getting started? Host Craig Hemke sits down with Bob Thompson of Raymond James in Vancouver to break down all the gold and silver news you need as we head into the back half of 2022.
In this edition of The Monthly Wrap-Up, you’ll hear:
- What gold and silver investors consistently do wrong
- Where we are on the “mining clock”
- Plus: why miners are caught in a Catch 22
“I’ve been in the business probably 27 years now, and something I’ve realized over time is that at the end of the day, everything gets destroyed in a bear market. So the big companies hold out, but then they finally get destroyed too. And that’s what’s happened with Newmont here. So that usually signifies the end of a bear market. So hopefully that’s the case this time as we go along.”
To hear Bob’s full thoughts on this month’s gold and silver news, listen here:
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