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Analog Gold Is Better Than Digital Gold With Jason Burack

Lead-Lag Live

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Gold Miners Profit Margins - Is That a Good Thing?

Gold miners haven't really gone anywhere since the great financial crisis. The gold miners actually had record profit margins for about 12 months in 2020. Now, I cover these gold royalty companies. They don't mine but buy a royalty or a stream on a mine and they finance these mining companies. If gold goes too much lower for these low grade open pit copper and gold mines are in severe financial problems because their profit margins will have evaporated.

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