The David Lin Report $3,200 Is Gold's New Floor: When Will $5,000 Happen? | Shane Williams
May 22, 2025
Shane Williams, CEO of West Red Lake Gold, dives into the gold market, revealing recent price surges and the potential for gold to hit $5,000 amid economic uncertainties. He discusses the consolidation trend in the industry and how his company is transitioning to become a leading gold producer this year. Listen as he shares insights on the impact of rising costs and market volatility, and why gold mining is thriving even during recession fears. Williams also highlights their strategic progress towards generating cash flow and increasing shareholder value.
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Gold Needs Consolidation After Surge
- Gold has rapidly increased over the past two years but needs to consolidate now before another upward surge.
- The summer months often bring consolidation in gold prices, not decline, setting a new base level.
Recession Could Boost Gold
- A US recession and a potential stock market crash could trigger a significant increase in gold prices.
- These macro risks serve as major catalysts for gold's next big price uplift.
Miners Lag then Outperform Gold
- Gold miners usually lag gold price rises as investors seek evidence of sustainable profits.
- Increasing free cash flow in miners now draws institutional interest, driving miner stock prices higher.