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Pierre Lassonde Reflects on his Life, Career, and Paving the Path for Mining's Royalty Business Model

Mining Stock Daily

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Is This the Time to Buy a Royalty Package?

I think that gold could still really struggle over the next six to nine months. And you may see essentially what we saw in the 1970s where interest rate followed, but it was inflation went up,. Gold went up, dollar went up, and interest rate went up. It all went up altogether for four years in a row until it busted in 1981. That 17% interest rate, gold $800 and inflation at 14 or 12 or 13%. I think that's yet to come.

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