Former World Gold Council chair can't give up silver - Wheaton's Randy Smallwood on precious metals
Silver prices will move higher, said Randy Smallwood, the CEO of Wheaton Precious Metals.
On Wednesday Smallwood spoke to Kitco Mining.
Wheaton Precious Metals is a top precious metals streaming company. In its Q2 released early in August, the company generated $234 million in operating cash flow, resulting in record cash flows of over $450 million for the first half of the year. 2024 production guidance is 550,000 to 620,000 gold equivalent ounces. Wheaton Precious Metals is up 29% year-to-date.
Smallwood is a fan of gold, but he feels the strongest pull from silver.
"I did spend the last…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.