Kitco News, Released on 1/29/24

In this exclusive interview, Ross Beaty, the Chairman of Equinox Gold, dives into the gold market, revealing insights from his 39-year career with Kitco News Anchor Jeremy Szafron. Beaty discusses the unprecedented discrepancy between gold prices and equity valuations, describing it as the most significant he’s witnessed in decades. He also explores the broader commodity space, including copper’s vital role in the green energy transition and the evolving dynamics of silver. Beaty shares his bullish outlook on gold and silver markets, reflects on his transition towards environmental philanthropy, and offers valuable advice for investors navigating the current economic cycles in the mining sector.

00:00 – Introduction to Ross Beaty
01:41 – Ross Beaty’s Macro Thoughts on Gold
04:28 – Disconnection Between Gold Prices and Equities
06:24 – Gold Market Predictions
07:51 – Investment Advice in Current Market
09:44 – Equinox Gold’s Challenges and Strategy
11:35 – Predictions for Market Movement
14:02 – The Role of Copper in Green Energy Transition
16:49 – Consolidation in the Gold and Silver Market
18:41 – Ross Beaty’s Involvement and Predictions

Ross J. Beaty is an entrepreneur and businessperson who has been at the helm of 12 different companies and is Chairman for Equinox Gold Corp., former Chairman at Pan American Silver Corp. (which he founded in 1994), and Chairman for Regalito Copper Corp. Ross J. Beaty is also President & Director at Sitka Foundation and on the board of 5 other companies. He is the founder of 6 different companies, including: Pan American Silver Corp., Global Copper Corp. and Northern Peru Copper Corp.

  gold, investing, Ross Beaty, silver