Silver Volatility Works To This Miner's Advantage

Written by MrStockFox. Posted in Videos

Coverage of BMO Global Metals and Mining Conference continues and Silver Wheaton's Randy Smallwood joins Daniela Cambone to talk about why he thinks gold and silver will likely move higher. "When you look at how much it costs to produce silver and gold, there's not enough space below where we are right now," he says. Commenting on the metal's recent volatility, Smallwood says it is providing his company with an advantage and he thinks it is a good time to be making investments in the mining space. "More volatile means that you're buying at the bottom, and we do believe we're very close to a bottom right now," he says.