The Financial Post reports in its Thursday edition that a shift is occurring in public perception of mining as investors seek tangible assets due to the falling power of the greenback and global uncertainty.
The Post's Jane Switzer writes that McEwen chief Rob McEwen said Tuesday he is a big fan of gold and precious metals and "always felt that that's money. And fiat currencies are not money; they're pieces of paper."
He said mining stocks represented 11 per cent of global equities in the 1950s and 1960s, but now only make up 3 per cent. He said that could soon rise to 5 per cent or 8 per cent, or even 10 per cent.
He said: "You're seeing a shift coming as people become more aware of the necessity of metals to sustain modern civilization, and there's not enough material to be recycled to satisfy the demand that is now surfacing. It's the beginning of a rotation from growth stories to value stories. And value is metal."
After gold notched a record year in 2025, any chaos or conflict leading up to the midterm elections in November could support the price of gold, said Gold Royalty's Jackie Przybylowski.
BMO's Ilan Bahar said stockpiling could be a prominent theme that drives commodity prices over the next year.
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