Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

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.”