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Thursday 22 August 2019

Rob McEwen: Hold On for What's Ahead for Gold


Chairman and 22 percent owner of McEwen Mining Rob McEwen said in an interview with the Investing News Network that he expects gold to go further in 2019. 

“I think we’re going to be going higher than where we are. There’s a chance it could be pushing up into the US$1,700s for this year,” he said at the Sprott Natural Resource Symposium in Vancouver. 

He also said that silver was in for a ride as well: “There’s a fairly high correlation between silver and gold. So when gold’s moving, silver’s moving.”