Gold mining conference season kicks off on a high note with VRIC 2020

[View this email in your browser]( [Facebook]( [Twitter]( [Forward]( [Kitco Metals]( Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. [Sign up here]( Editor's Picks [@neils_C]( To kick off this week’s newsletter the news team at Kitco wanted to congratulate Keith Neumeyer, president and CEO of First Majestic Silver for winning the top honors of Kitco News’s Mining CEO of 2019. It was a neck-and-neck race between Neumeyer and Eric Fier, CEO and president of SilverCrest Metals. In Third place was Randy Smallwood of Wheaton Precious Metals. It was a silver sweep for mining CEOs in 2019. But of course, gold continues to steal the show when it comes to investor interest. It’s fascinating to see the bullish sentiment as the mining conference season kicks off. [Mining and gold market heavy weights Rick Rule]( president & CEO of Sprott U.S. Holdings; [Frank Holmes, CEO of U.S. Global Investors]( and [Peter Schiff, CEO of Euro Pacific Capital]( all said that they could see gold prices pushing to record highs above $2,000 an ounce. Schiff said that a political shift in the U.S. could really tip the scales in gold this year. “I think if Trump is not re-elected, if we get like, President Sanders, gold should go above $2,000 this year, and if it’s not above $2,000 by election, it should be $2,000 election night once we get the results,” he said. Frank Holmes, the CEO of U.S. Global Investors, reiterated his bullish call on gold because of “runaway monetary policy abuse.” Rick Rule said that the current bull gold market is very healthy as it continues to climb the wall of worry. He added that important generalist investors are staring to pay attention to the precious metal. “The fact that gold is doing well concurrently with the U.S. dollar doing well is something we haven’t seen since the year 2000,” he said. “This is a very interesting set of circumstances.” While not as bullish as some, [Patrick Ceresna, founder and chief derivative market strategist]( at Big Picture Trading, still sees higher prices as a new bull trend emerges. “I feel that generally, the bull trend for gold is intact as long as gold can hold above $1,500 during this consolidation that we're in. If that's the case, then this is actually a compelling buy on dip on gold for a move towards $1,700," he said. Although it’s early, sentiment in the gold market doesn’t appear to be going away anytime soon as investors continue to see threats to the global economy. As I wrap up this week’s newsletter, I just wanted to wish everyone a happy and prosperous Lunar New Year. In the world from Holmes: “It’s the year of the rat and if you aren’t long then you are wrong.” Neils [Gold or silver? Which mining CEO took home the top prize? Brent Cook announces winner]( [Gold or silver? Which mining CEO took home the top prize? Brent Cook announces winner]( Cook of Exploration Insights announces Kitco's mining CEO of the Year award recipients and reviews what he sees as a positive year for mining and the metals. Cook told Kitco News on the sidelines of the Vancouver Resource Investment Conference the silver bugs are even more supportive of the space than their gold peers. [Gold price is "going through the roof" beyond $2,000 says Peter Schiff]( [Gold price is ]( changes from the U.S. presidential election in November could see gold prices soar, this according to Peter Schiff, CEO of Euro Pacific Capital. “I think if Trump is not re-elected, if we get like, President Sanders, gold should go above $2,000 this year, and if it’s not above $2,000 by election, it should be $2,000 election night once we get the results,” Schiff told Kitco News on the sidelines of the Vancouver Resource Investment Conference. [What will happen to gold prices once stocks get slammed this quarter]( [What will happen to gold prices once stocks get slammed this quarter]( prices are on track for another rally into the $1,700 an ounce price range on the back of frothy equity markets, this according to Patrick Ceresa, founder and chief market derivatvies strategist at Big Picture Trading. "I feel that generally, the bull trend for gold is intact as long as gold can hold above $1,500 during this consolidation that we're in. If that's the case, then this is actually a compelling buy on dip on gold for a move towards $1,700." [A gold standard return? Here’s how Conrad Black sees it]( [A gold standard return? Here’s how Conrad Black sees it]( world needs another hard currency to anchor its financial system on, but a full gold standard today would put too much power in the hands of a small group of miners and engineers, this according to financier and media mogul Conrad Black. “My idea is somewhat similar to Keynes, who in most respects I don’t agree with, but a gold/oil consumer basket of some sort,” Black told Kitco News on the sidelines of the Vancouver Resource Investment Conference. [Gold is like “life insurance”; Rick Rule has never seen this in his life]( [Gold is like 'life insurance'; Rick Rule has never seen this in his life]( bond yields at historical lows, and even negative in some parts of the world, investors are navigating uncharted waters, and gold demand could see a surge, says Rick Rule, CEO of Sprott U.S. If you have mean reversion in terms of gold and gold-related equities, you will see between triple to quadruple demand in precious metals and precious-metals related assets,” Rule told Kitco News on the sidelines of the Vancouver Resource Investment Conference. [Gold prices to skyrocket, Chinese New Year to give boost that sets it off says Frank Holmes]( [Gold prices to skyrocket, Chinese New Year to give boost that sets it off says Frank Holmes]( bet against China, says Frank Holmes, CEO of U.S. Global Investors, who said that China is now a robust consumer of gold. “60% of gold demand is as you know, from love, and the best way to look at it is China and India,” Holmes told Kitco News on the sidelines of the Vancouver Resource Investment Conference. [VRIC 2020]( [Valentine's Day]( [Silver RCM]( This message was intended for {EMAIL} , as a subscriber and/or customer of Kitco. [Advertising]( | [Update Your Email Preferences]( | [Privacy Policy]( | [Contact us]( | [Unsubscribe]( All logos, brand names and/or trademarks that appear here are the property of their respective copyright holders. © 2020 Kitco Metals Inc. 620 Cathcart, Suite #900, Montreal, Quebec, H3B 1M1 Canada.