Gatos Silver posts solid 2024, preps takeover by First Majestic
The deal will merge Gatos’ main Cerro Los Gatos mine with First Majestic’s San Dimas mine in Durango, and its Santa Elena operation in Sonora.
Best-selling author Jim Rickards joins Kitco News to discuss his latest book, The New Case for Gold which looks at the role of the metal in today’s monetary system.
Rickards makes the case for the metal and comes to its defense against well-known critics such as Warren Buffet often referring to gold as a relic.
The author also discusses his discovery in the Federal Reserve’s balance sheet, revealing massive amounts of gold at Fort Knox and West Point worth $300 billion.
