Chris Ritchie of SilverCrest Metals shares his thoughts on how inflation continues to impact gold and silver miners, and explains why his company has chosen to hold precious metals on its balance sheet in this environment.

"The fact that we are sitting there digging up real money — money that's better than the fiat currency — we want to hold it. We want it on our balance sheet," he explained during the interview. "Again, from a business perspective, any company that sells their product below the cost to produce it — not a great business."

This interview was filmed on May 16, 2024.

#Investing #Silver #Gold

0:00 - Intro
1:11 - Inflation still hurting margins for miners
3:13 - Holding precious metals on balance sheet
6:29 - Reactions from investors and industry
11:56 - It's the industry that's suppressing prices
14:47 - SilverCrest's Q1 results and 2024 plans
17:47 - Precious metals in 2024 and beyond
20:26 - Chris' final advice for investors
22:26 - Outro

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