This asset will 10X by 2027 as gold hits $5k - Rob McEwen
Haha antman moving on today with $5000 dollar crazy bean soup LOL
1 hour ago Mar 7, 2023 #gold #silver #mining
Rob McEwen, Executive Chairman of McEwen Mining, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discus how the devaluation of fiat currencies could push gold to $5k per ounce by 2027, and another metal will gain by 1,000%. McEwen also discusses his copper mine's deal with automaker Stellantis and multinational mining company Rio Tinto, as well as his outlook for copper, which he claimed with be a crucial metal as the world hastens towards electrification. McEwen spoke with Kitco at the 2023 BMO Global Metals, Mining, and Critical Minerals Conference in Hollywood, Florida.
0:00 - McEwen Copper's deal with automotive maker Stellantis 3:37 - Vertical integration and supply chain consolidation 7:47 - Monetary reset 12:44 - Gold price outlook 16:01 - Investment implications 18:43 - McEwen Mining 26:42 - Copper prices 28:41 - Copper fundamentals 31:24 - Silver price forecast 34:39 - Government debt 35:27 - Inflation and the Fed 40:09 - Changes in mining industry 44:21 - Careers in mining