Wednesday, February 16, 2022 9:49:32 AM
Telfer said that even at current price levels, mergers and acquisitions would be profitable, but he projects the gold price to go even higher.
His outlook for gold is “$2,400, $2,500” an ounce.
“I’d say we’re at peak gold and for that reason I think the price of gold is going to do extremely well going forward,” he said.
https://www.kitco.com/news/2022-02-15/Will-gold-price-go-back-to-1-200-Mining-legend-Ian-Telfer-says-peak-gold-already-reached.html
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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