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Kitco News Interview with Auryn Resources' Ivan Bebek: Have We Reached Peak Gold?

Gold production is reaching its peak, this was Auryn Resources executive director Ivan Bebek’s message to investors. “It’s not easy to find gold,” he told Kitco News on the sidelines of the Mines & Money conference in Toronto. “I feel like we’re in an 2005-06 era with an initial comeback for the juniors,” he said. “But growth is becoming a challenge for exploration companies.” Bebek also had some harsh comments on cryptocurrencies like bitcoin. “I’m not a fan of bitcoin, I’m old fashioned,” he said. “I would choose gold over bitcoin.”

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MARKET SUMMARY

INDICES

Name Last Change
DOW 23328.60 0.71%
S&P 500 2575.21 0.51%
NASDAQ 6629.05 0.36%
TSX 15857.22 0.25%
TSX-V 789.51 0.00%

Resource Commodities

Name Last Change
Gold 1280.70 0.71%
Silver 17.04 1.23%
Copper 3.15 0.33%
Platinum 923.75 0.35%
Oil 51.29 1.46%
Natural Gas 2.87 0.66%
Uranium 20.14 N/A
Zinc 1.44 0.00%

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