Today on The Daily Dive, we have John-Mark Staude, CEO of Riverside Resources (TSXV: RRI). John-Mark sits down with Cassandra Leah to discuss junior mining, gold, the election and all things macro.
Chief among items discussed is the topic of stimulus – and how the price of commodities, such as gold, do not yet reflect the impact that this stimulus and continuous money printing have on the economy. Government spending has pushed debt levels to never ending new highs, which further impacts the price of gold and other precious metals.
Also discussed is the gold-silver ratio, the need of governments to retain gold in their hard asset base, the supply side of the precious metal and more. Finally, John-Mark provides his prediction for gold by the end of 2020.
FULL DISCLOSURE: Riverside Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Riverside Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
