Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s): AEM

Metals & Mining Gold

Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Hope Bay/ Oro, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.

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Agnico Eagle Mines Ltd (Ontario) > 2023 Gold and inflation

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Post by BUYSilverGoldon Feb 16, 2024 10:31am

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Post# 35884087

2023 Gold and inflation

Well Gold was up 10% in 2023 that 10% helps little against street level real inflation vs the msm inflation data, NFG was down 16% in 2023 so why no inflation hedge?

ABX, AEM the same up 4% and 6.6% in 2023

I've watched far too many experts telling their viewers gold n silver are inflation hedge investments well the math doesn't add up

crazy times I guess the dance tune changed and I didn't notice as oil has been a better inflation hedge

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