Randy Smallwood: Gold Rush Going Global, Silver Waiting for Retail Wakeup

"As gold approaches US$2,700 per ounce, Randy Smallwood of Wheaton Precious Metals reflects on what's driven the yellow metal to all-time highs in 2024. While momentum began in the east, he now sees the west increasingly turning to gold as a safe haven.

""I do really think what we're looking at now is that this rush toward gold as a good, strong store of value — a good, strong measure of value, a good place to invest — is becoming a worldwide phenomenon,"" he said.

❓ Is western interest in gold on the rise? Tell us in the comments!

This interview was filmed on October 16, 2024.

#Investing #Gold #Silver

0:00 - Intro
0:24 - Macro factors driving gold
4:33 - Fed and gold price outlook
7:40 - Is there a bear case for gold?
10:28 - When will silver break out?
15:25 - Watch silver price volatility
17:07 - Challenges for miners, juniors
23:03 - Wheaton's current strategy
25:25 - Future of Mining Challenge
29:54 - Outro"