Why some investors prefer silver—bigger moves
Silver favors investors with larger prices swings relative to gold, said James Anderson, CEO of Guanajuato Silver. On Friday Anderson recorded Kitco Roundtable with Mining Audiences Manager Michael McCrae and Kitco correspondent Paul Harris.
Audio is streamed directly from the publisher (cdn.simplecast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Silver favors investors with larger prices swings relative to gold, said James Anderson, CEO of Guanajuato Silver.
On Friday Anderson recorded Kitco Roundtable with Mining Audiences Manager Michael McCrae and Kitco correspondent Paul Harris.
Guanajuato Silver (GSilver) is reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The company currently has two mines are El Cubo, which is currently producing, and El Pinquico, which is advancing to restart.
"A lot of the investors I've spoken to often say that they make more money [investing] in silver rather than gold, because it has much greater volatility, greater beta. So when silver moves, you can really go to the moon," said Anderson.
"But obviously if you come in at the right point."