Peter Krauth is a former portfolio adviser and a 20-year veteran of the resource market, with special expertise in precious metals, mining and energy stocks. He is editor of two newsletters to help investors profit from metal market opportunities: Silver Stock Investor, www.silverstockinvestor.com and Gold Resource Investor, www.goldresourceinvestor.com. In those letters Peter writes about what he is buying and selling; he takes no pay from companies for coverage. Peter has contributed numerous articles to Kitco.com, BNN Bloomberg, the Financial Post, Seeking Alpha, Streetwise Reports, Investing.com, TalkMarkets and Barchart, and he holds a Master of Business Administration from McGill University.
Mr. Gemmell has more than 15 years of mining industry experience across capital markets, exploration, project development and operations. This experience includes senior management roles focused on corporate strategy, acquisition and divestitures, investor relations, capital raising, feasibility studies and project optimization. Mr. Gemmell was most recently VP of Corporate Development at Guyana Goldfields Inc., a mid-tier gold producer with operations in Guyana. Mr. Gemmell oversaw the merger and acquisitions strategy for the company, managed and supervised the completion of multiple feasibility studies, and played a key role in overseeing several construction and development projects. Prior to this role, Mr. Gemmell was the CEO of Lago Dourado Minerals Ltd., a gold exploration company focused on Brazil. Mr. Gemmell also worked in the capital markets earlier in his career, both on the sell-side, as an equity research analyst covering the precious metals sector with Raymond James Ltd., and on the buy-side, as an equity analyst with Colonial First State in Sydney, Australia. Mr. Gemmell holds a Bachelor of Economics (Actuarial Studies) and is a CFA charterholder.
Mr. Zaunscherb is a Canadian geologist with over thirty-two years, and six cycles, of experience as a mining analyst. He most recently served as Managing Director, Research – Metals & Mining Analyst at Canaccord Genuity where he co-ordinated the firm’s global mining equity research team. He has enjoyed experiencing best practices in Capital Markets at several leading firms, and reviewing and evaluating hundreds of exploration, development, and mining projects globally. He embraces new technologies and industry initiatives in diversity and socially responsible investing, ensuring that local communities receive lasting benefits from mineral resource development.
Replay transcript excerpt
Speaker 1: Hello everyone and welcome to a Speaker 1: 6 webinar. Speaker 1: My name is Peter Kraut and thanks for attending. Today we're going to talk about whether and if so how you should invest in silver. Speaker 1: So let's just start with silver itself and understand a little bit about what makes it really quite different. So silver is unique. Speaker 1: If you look at all of the metals around, both base metals and precious metals, silver is really the only 1 that is both. It's considered a monetary and an industrial metal. Speaker 1: That's been the case for, well, industrial metal has been a shorter time, but it certainly has been money for thousands of years. If you go back as far as 5, 000 years in fact, Speaker 1: silver was the 1st true international currency. Speaker 1: So there are many aspects of silver that make it ideal as money Speaker 1: And if you look over those 5, 000 years, it was almost continuously Speaker 1: used as money. And it's only in the last 50 years that silver has been removed from our coinage. And today, Speaker 1: the currencies that we have that are unbacked Speaker 1: by anything of value, really only trust, Speaker 1: is an experiment. We've never lived an extended period like that. And unbacked currencies tend to go to their intrinsic value which is essentially 0. Speaker 1: So Speaker 1: let's move on. Speaker 1: Right now official inflation is running Speaker 1: probably north of 8%. Speaker 1: If you look at unofficial inflation and you Speaker 1: consider other measures, it's probably almost double that. Speaker 1: The debate often comes up, is silver Speaker 1: an inflation hedge or not. And so I actually went back and looked at the price of silver over the last 100 years Speaker 1: and saw that in 1922, Speaker 1: so 100 ...