Ross Beaty: '2016's Going to Be The Bottom' | Summary and Q&A

TL;DR

Ross Beattie remains bullish on gold and silver due to strong industrial demand and investment demand. He also discusses his investments in gold companies and his optimism for renewable energy.

Key Insights

• 💪 Ross Beattie remains bullish on gold and silver due to strong industrial demand and investment demand.
• 🙃 He is particularly optimistic about Caminar Gold and Al Radian Resources, citing their de-risked nature and potential for price appreciation.
• 🥺 Beattie believes that the strength of the US dollar will plateau, leading to an increase in precious metal prices.
• 🙈 He sees renewable energy as a promising investment due to the growing demand for clean energy and stable cash flows.

Transcript

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Questions & Answers

Q: What are the reasons for Ross Beattie's bullishness on gold and silver?

Ross Beattie remains bullish on gold and silver due to strong industrial demand, particularly in areas like photovoltaics and electronics. He also sees investment demand as a key driver for precious metal prices.

Q: What factors attracted Ross Beattie to invest in Caminar Gold and Al Radian Resources?

Ross Beattie was drawn to these companies because of their de-risked nature and high probability of success. Both projects have strong potential for price appreciation as they progress in terms of development and permitting.

Q: What are some catalysts for a positive silver price, according to Ross Beattie?

Ross Beattie highlights the growing demand for silver in photovoltaics and electronics as key catalysts. Additionally, he expects investment demand to play a significant role in driving silver prices.

Q: How does the strength of the US dollar affect the price of gold?

The price of gold, like most metals, is inversely correlated to the strength of the US dollar. However, Beattie notes that gold has held up well against the strong dollar, which adds to his bullish outlook on gold prices.

Q: Why is Ross Beattie optimistic about renewable energy investments?

Ross Beattie sees renewable energy as a rapidly growing industry with increasing demand worldwide. He believes that investing in clean energy offers stable and predictable cash flows, making it an attractive long-term business.

Summary & Key Takeaways

• Ross Beattie expresses his continued bullishness on gold and silver, citing strong industrial demand in areas like photovoltaics and electronics.

• He discusses his investments in gold companies, particularly Caminar Gold and Al Radian Resources, highlighting their de-risked nature and potential for price appreciation.

• Beattie emphasizes the role of investment demand in driving silver and gold prices and expects the US dollar strength to plateau and lift precious metals.

• He also discusses his involvement in renewable energy through Altera Power, highlighting the growing demand for clean energy and the stable cash flows it offers.