Jim Cramer on Agnico Eagle: “They’re the Best Miner”

Unfortunately, it’s not conscionable tech. We’ve got immoderate existent shortages successful metals. Gold, silver, and copper are climbing relentlessly. The satellite has a batch of copper, truthful adjacent though it’s utilized successful the information center, I’d beryllium circumspect astir chasing it. But man, silver’s up 46% since the opening of the year, and gold’s up 15%. Now, a batch of that’s due to the fact that the dollar’s weak. It’s a store… of value, but we bash person a imperishable shortage successful gold, not successful silver, but successful gold. Each year, we lone regenerate astir 1% of the world’s holdings betwixt each the geopolitical uncertainty and the weakness of the dollar. There’s immense request here. I would bargain Agnico Eagle if I wanted to enactment successful it due to the fact that they’re the champion miner.

Image by Csaba Nagy from Pixabay

Agnico Eagle Mines Limited (NYSE:AEM) is simply a golden mining institution that explores for and produces precious metals, including gold, silver, zinc, and copper.

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