Gold Optimism Endures Amid Monetary Expansion

Rob McEwen, founder of Goldcorp and chairman and chief owner of McEwen Inc., remains a long-term believer in gold. He attributes this to excessive monetary expansion, government debt, and continued central bank buying.

'I've always been a long-term believer,' McEwen said. 'So I'm not looking at the short-term cycles.'

Mcewen pointed out that gold production has expanded by about 1% annually while inflation rates are higher, and central banks have increased their purchases of gold.

'I'd say we're heading higher,' McEwen said. 'This is an opportunity to build a position.'