'In a moment like this gold really does have a safe-haven status' - Triple Flag Precious Metals
About this episode
During one of the most serious geopolitical events in decades, gold performed, said Triple Flag Precious Metal's CEO and founder, Shaun Usmar.
On Friday Usmar recorded Kitco Roundtable with Mining Audiences Manager Michael McCrae and Kitco correspondent Paul Harris.
Triple Flag (TSX:TFPM,) is a gold-focused streaming and royalty company. The panel talked about gold's rise after Russia invaded Ukraine. When the news broke a week ago Wednesday, spot gold crested $1,940 an ounce hitting a 20-month high while Bitcoin lost about 7%.
"All that rhetoric around Bitcoin and crypto being a new store of digital gold...in a moment like this gold really does have that safe-haven status," said Usmar.
Get every episode summarized
Each time Kitco NEWS Roundtable publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Kitco NEWS Roundtable
Another week, another 9-figure mining deal and gold churns at $2,300 level
Kitco NEWS Roundtable
Gold investors aren't profit taking yet and blockbuster M&A deal announced
Kitco NEWS Roundtable
Gold lacks path to head higher, and Biden administration halts mine development...
Kitco NEWS Roundtable
Another excellent week for copper and gold
Kitco NEWS Roundtable