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Monthly Wrap Up

July Ends Better Than It Began for Gold and Silver Markets - Monthly Wrap Up

MWU July

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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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Since 2008, our customers have trusted us to provide guidance, education, and superior customer service as we help build their holdings in precious metals—no matter the size of the portfolio. Chairman, Eric Sprott, and President, Larisa Sprott, are proud to head up one of the most well-known and reputable precious metal firms in North America. Learn more about Sprott Money.

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Head shot of Craig Hemke

About the Author

Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities.

Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.

*The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.

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