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.
Goldsilver.com has put up a compelling list of the top ten reasons that savvy investors should be moving into silver.
Aside from the usual suspects of the fraudulent nature of paper fiat money (no.1 on the list) and silver’s traditional prominence as a safe-haven investment (no. 3 on the list) other interesting and persuasive reasons for precious metal novices include silver’s broad industrial and medical applications, which far exceed those of gold; dwindling and uncertain future supply and rising demand from China and India.
