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Mining
Sprott Asset CEO on Rising Mining Costs, Gold Demand, and Election Impact | John Ciampaglia
Gold prices surged near $2,800 an ounce, supported by central bank buying and geopolitical tension, while inflation pressures have sent mining costs soaring. John Ciampaglia, CEO of Sprott Asset Management, told Kitco Mining’s Jeremy Szafron that all-in-sustaining costs (AISC) for miners have jumped 50% since 2020, with energy and labor inflation driving up expenses. Ciampaglia discussed the U.S. election’s potential…
Read More » End of the Western Hegemony: Gold and Commodities Unleashed
Willem Middelkoop and Ronnie Stoeferle believe that the Western empire is slowly but surely coming to a close, as the BRICS nations continue to rise up and demand a new world order where the rules of the game no longer favor American hegemony. The duo note that against this geopolitical backdrop, the setup couldn’t be more favorable for gold and…
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