• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    VIDEO - Ian Ball: Today’s Gold Market Looks Like the 1980s

    Charlotte McLeod
    Mar. 25, 2019 04:55PM PST
    Precious Metals
    TSXV:RZZplay icon

    Ian Ball, president and CEO of Abitibi Royalties, discusses the gold price, M&A activity and his company’s plans for 2019.

    Sentiment toward gold is generally positive at the moment, but Ian Ball, president and CEO of Abitibi Royalties (TSXV:RZZ), thinks the yellow metal may trade flat for the foreseeable future.

    “I think the gold market right now reminds me very much of the 1980s,” he said at the recent Prospectors & Developers Association of Canada (PDAC) convention, citing the economic environment surrounding the yellow metal, including interest rates and the equities market.

    “So, I think we’re going to trade in a band,” he continued. “You know, I’ve generally felt for the past few years that gold was going to trade sideways.”

    That doesn’t mean gold won’t have some price swings. According to Ball, it could see both ups and downs.

    “What you often have is the gold price will tick up and everyone says we’re in a bull market, and then it’ll go down and everyone says we’re in a bear market,” he said. “I don’t think we’re in either; I think we’re just going to be rangebound, probably for the next several years.”

    Profitability is key in this type of gold price environment, said Ball, noting that Abitibi Royalties is pursuing profitability in a number of ways right now. Those include buying back shares, not issuing stock options and only acquiring new royalties through cash.

    In general, he suggested that investors should look to mining companies that treat shareholders fairly. “I think you want to gravitate towards those types of companies because they’re few and far between in the mining industry,” he said.

    Watch the video above for more insight from Ball on the gold market. You can also click here to view our full PDAC 2019 interview playlist on YouTube.

    Don’t forget to follow us @INN_Resource for real-time updates!

    Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

    Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

    abitibi royaltiesgold investingtsxv:rzzian ball
    The Conversation (0)

    Latest News

    Locksley Reports High-Grade Antimony Concentrate at Significantly Higher Grades than Comparable American Projects in Initial Metallurgical Test Work of Surface Samples from the Company's Desert Antimony Mine Project in California

    Golconda Gold Ltd. Releases Q3 2025 Production Update

    Kobo Resources Intersects 17.0 m at 3.87 g/t Au, Further Defining High-Grade Gold Mineralisation at its Kossou Gold Project

    Canada One Mining: Positioned for Significant Copper Discovery in  British Columbia

    Locksley Produces High Grade Antimony Concentrate

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Blue Jay Gold

    Providence Gold Mines

    PHD:CC

    Mount Hope Mining

    MHM:AU

    Walker Lane Resources

    WLR:CC

    Rua Gold

    RUA:CC

    Golconda Gold

    GG:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES