US$2500/oz gold arousing appetites for gold stocks
Investors are showing renewed interest in the gold space and are lining up to attend the 36th Gold Forum Americas and 14th Precious Metals Summit in Colorado in September. The run-up to the conferences could not be better in many ways: the gold price is holding comfortably above $2400/oz, having hit $2500/oz, and a large M&A transaction is underway.
This continues to be 20-30% down on the event's best years when it attracts 1200-1300 delegates, although he thinks those days could be around the corner. Wood says GFA consistently attracts 20% new investors yearly, which he attributes to industry turnover. "They are new individuals from the same firms.
Jessica Levental Tim Wood Gold Forum Americas 2024 Florian Grummes Nicole Adshead-Bell Joseph Cavatoni World Gold Council John Hathaway Rick Rule Frank Giustra Michael Gray
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