Peter Krauth

Two weeks ago, I attended and spoke on a panel at the spring edition of the Swiss Mining Institute investment conference. This year we were witnessing all-time highs in gold prices. I was asked if I thought this was finally going to be a true breakout for precious metals. As always, I gave my honest opinion, saying that I don’t know for certain, but believe it is. So why haven’t silver prices really rallied…yet? Here’s my take, recounts Peter Krauth, editor of Silver Stock Investor.

I just spent five days in Toronto attending and speaking at two back-to-back mining conferences. The second was the truly massive PDAC conference. There’s an expression in the mining world: The PDAC Curse. But we may have seen the “curse” go into “reverse” this year, and that’s bullish for silver, writes Peter Krauth, editor of Silver Stock Investor.

As we start 2024, many of the extremely bullish drivers for gold are the same for its cousin, silver. On Dec. 1, 2023, gold hit a new all-time high of USD$2,071 after three previous attempts in 2020, early 2022, and again in early 2023. Now it seems the fourth time’s the charm – making Aya Gold & Silver (AYA.CA) attractive, outlines Peter Krauth, editor of Silver Stock Investor.

New Pacific Metals (NEWP) announced its inaugural compliant resource estimate on Carangas in Bolivia. The silver-gold polymetallic deposit is impressive, containing an indicated 559.8Moz AgEq, made up of 205.3 million ounces of silver, 1,588.2 thousand ounces of gold, 1,444.9 million pounds of lead, 2,653.7 Mlbs of zinc, and 112.6 Mlbs of copper, notes Peter Krauth, editor of Silver Stock Investor.