4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP553: Why Hard Assets are Positioned to Outperform w/ Tavi Costa

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Optionality in the Mining Industry

Gold is one of the best ways I find to really create wealth, generational wealth in an environment that not a lot of people care about. We have statistically very good ways to give us conviction that they are onto major discoveries. Every dollar the silver goes higher, the free cash flow of this mine goes up by 15 to $20 million. What if we see gold of silver prices and triple digits one day? That's probably going to go higher than $50, which was a prior peak.

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