Dear Shareholders,
I’m going to tone down my rhetoric about the gold market and IAMGOLD. With the new President, I expect utter chaos in the world markets and the level of uncertainty is going to climb higher. In my opinion, it’s better to remain on the sidelines and wait for the smoke to clear.
Contrary to my opinion, monetary experts think uncertainty is good for the gold market and they are predicting that gold prices are poised to explode violently higher! I will rely on the company sharing information and let the markets tell the economic story as it unfolds.
It’s interesting to note that the current gold price closed at $2,702 yesterday. It’s great to see both the share price and gold price move in tandem. Hopefully, this trading relationship continues in 2025.
Shareholders, as I have said, buckle up—it’s going to be a turbulent ride in 2025! Don’t worry about the volatility; just navigate with the ups and downs.