Articles by Ed Thompson

About Ed Thompson
For more than 60 years, Edward G. Thompson has contributed to advancing the Canadian mining industry as an explorer, mine developer, company builder, and dedicated supporter of industry causes and associations. He was inducted into the Canadian Mining Hall of Fame in 2018. He contributed to the growth of Teck Resources and Lacana Mining (acquired by Corona, then Homestake, and eventually Barrick Gold). He served on the boards of 50 junior companies. In recent years, he helped develop an iron ore mine in Quebec (Consolidated Thompson-Lundmark) and championed discoveries in Ontario’s “Ring of Fire” (Freewest Resources). He also played a leadership role in the expansion of the Prospectors and Developers Association of Canada (PDAC) and was a founding member of the Canadian Mining Hall of Fame.
Analyst Articles

Lessons from a Lifetime of Chasing Gold

January 4, 2026 Ed Thompson

Written by Edward G. Thompson, this article reflects on more than six decades in the gold mining industry and the evolution of gold price cycles. Beginning in the fixed-price era of the 1950s, Thompson traces how inflation, financial crises, and geopolitical shifts reshaped gold’s role across multiple market regimes. The narrative moves through the 1970s bull market, the post-financial crisis recovery, and the structurally driven rally of the 2020s. Drawing on firsthand experience with discoveries, financing cycles, and investor behavior, the article concludes that gold itself does not change. Instead, the world around it does, redefining gold’s role from speculative asset to strategic reserve. [more]