Recorded: March 12 2020
"I see silver potentially outperforming gold in the coming years as investors witnessed post the 2008 financial crisis. We could see a perfect storm for silver, exactly like from 2009 to 2011 when silver went to US$50/oz."
Ross Beaty, Chairman, Pan American Silver (TSX: PAAS) provides his thoughts and opinions on silver reminding investors silver is both an industrial metal and precious metal acting as a store of value. Silver is traditionally correlated with gold but we've seen a divergence as of late with the gold/silver ratio peaking over 120x with a historical average of ~50x.
- The current silver environment (0:19 min)
- What's next for Pan American after the mega merger with Tahoe Resources in 2019 (1:10min)
- The gold to silver ratio and the unprecedented levels it is currently at (2:00min)
For more information visit: www.panamericansilver.com
Trading Symbols: TSX: PAAS, NYSE: PAAS
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