Sponsored by

SPECIAL PODCAST: Amir Adnani of Gold Mining, Inc.

97

It's FOMC day and while we wait for CGP, his fedlines and his press conference, here's some audio to help you pass the time.

I've known of Amir Adnani and his company for years but I've never had the chance to visit with him before. I know that both Marin Katusa and Rick Rule speak highly of him so, when I was offered this podcast earlier this week, it seemed like perfect content for a day like today.

Amir is the founder and chairman of a company called Gold Mining Inc., though you may recall that at one time it was called Brazil Resources. Either way and like so many others, the company made it through the rough patch of 2017-2019 and has emerged on the other side stronger than ever with over 25,000,000 possible ounces and no debt. The chart looks pretty good, too.

More information on Gold Mining, Inc. can be found through these two links. As always, I strongly encourage you to conduct all of your own due diligence before considering the addition of shares which trade in Toronto under the symbol "GOLD" and in the US with "GLDLF".

But don't forget that it's FOMC day. So in this podcast, Amir and I also discuss central bank policy, the ongoing destruction of fiat currency and the likelihood that this bull market in the precious metals is just barely getting started.

Thanks for listening,

TF

  97 Comments

  Refresh
Alex777TF
Jun 10, 2020 - 10:21pm

Sprott Money-Clearing the Comex Decks

Great post! Really illustrates well how the Banksters operate!

zman
Jun 10, 2020 - 9:28pm

Fiscal Disappointment

There's a reason why The Fed keeps passing the responsibility to Congress to do SOMETHING for Main Street, they don't want to get the blame for the lack of response and ultimate fiscal austerity that inevitable in the months ahead.

Does anyone really think Congress is going to do anything for Main Street? The Fed needs to cover their butt and act like they care as they socialize the losses for Wall Street.

The Fed could fund a massive infrastructure program to rebuild America, they could fund more stimulus checks, they could fund health care for everybody that lost their insurance from losing their employment, they could rent and mortgage relief, they could fund student debt relief. But guess what? It's never going to happen.

There's reason why interest rates will remain near 0% for years to come, Main Street is going to live in a perpetual recession/depression. That's right, there's no bond market fix here, nobody is stopping the long end holders from selling. They all know deflation, recession and fiscal austerity are the future for Main Street USA.

So the next time Powell claims he wants to see 2% inflation target, ask yourself, why would I take the word of a crook as being genuine? He's lying about it.

nadgeskaul
Jun 10, 2020 - 6:28pm

Hopefully Not Overlooked

This was a phenomenal interview. Well done, Craig. I've owned a ton of equity in BRIZF (now GLDLF) for almost a decade and am patiently waiting.

GoldHermitscoremore
Jun 10, 2020 - 6:00pm

Yep!

Looks like you nailed it last night! PMs getting hot, like this city we're in!!!!

silverseekerRickshawETF
Jun 10, 2020 - 5:31pm

....how much they may realize in cost savings on fuel

Rickshaw, I am curious whether any of the mining companies dipped a toe into a few oil futures contracts at negative pricing...

Would that not blow the lid off the sector if a few majors report AISC dropped 20% as they filled their tanks on nearly 'free' diesel, lol.

scoremore
Jun 10, 2020 - 5:20pm
Jun 10, 2020 - 4:57pm

ole Whipsaw

Stopped by Goldseek to get my link. Found this from ole Whipsaw Clive. There's a reason why I've called him that for a decade. He's about to be whipsawed again.

http://news.goldseek.com/CliveMaund/1591713884.php

Connie
Jun 10, 2020 - 4:57pm

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

mavensClarkii Stomias
Jun 10, 2020 - 4:39pm

Clarkii

I want feish pics!

SteveWRickshawETF
Jun 10, 2020 - 4:32pm

Stinking calls

Well done on the calls. Lucky for you the blast off was preceded by a fake out dip. You picked up someone who got faked out.

I'm short CDE $6 puts for June 19 at 0.92. I bought half back at 0.55 and hope the rest expire worthless. If silver is not brought under control it could get a 19 handle next week.

connie, A close above $19 is needed to consider a significant breakout, according to a friend.

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 4/19

4/22 8:30 ET Initial jobless claims
4/22 10:00 ET Existing home sales
4/22 10:00 ET LEI
4/23 9:45 ET April flash PMIs
4/23 10:00 ET New home sales

Key Economic Events Week of 4/12

4/13 8:30 ET CPI
4/13 12:00 ET Goon Harker
4/14 8:30 ET Import Price Index
4/14 12:00 ET Chief Goon Powell
4/14 2:45 ET Goon Chlamydia
4/15 8:30 ET Retail Sales
4/15 8:30 ET Philly Fed
4/15 8:30 ET Empire State Manu
4/15 9:15 ET Cap Ute and Ind Prod
4/15 2:00 ET Goon Daly
4/15 4:00 ET Goon Mester
4/16 8:30 ET Housing starts

Key Economic Events Week of 4/5

4/5 9:45 ET Markit service PMI
4/5 10:00 ET ISM service PMI
4/5 10:00 ET Factory Orders
4/6 10:00 ET JOLTS job openings
4/7 9:00 ET Goon Evans
4/7 12:00 ET Goon Barkin
4/7 2:00 ET March FOMC minutes
4/8 12:00 ET Chief Goon Powell
4/9 8:30 ET PPI
4/9 10:00 ET Wholesale inventories

Key Economic Events Week of 3/29

3/30 9:00 ET Goon Quarles
3/30 10:00 ET Consumer Confidence
3/30 2:30 ET Goon Williams
3/31 8:15 ET ADP Employment
3/31 9:45 ET Chicago PMI
3/31 time TBA Biden Infrastructure speech
4/1 9:45 ET Markit Manu PMI
4/1 10:00 ET ISM Manu PMI
4/1 10:00 ET Construction spending
4/2 8:30 ET BLSBS

Key Economic Events Week of 3/22

3/23 9:00 ET Goon Bullard
3/23 12:00 ET CGP and Mother on Capitol Hill
3/24 8:30 ET Durable Goods
3/24 9:45 ET Markit Flash PMIs March
3/24 10:00 ET CGP and Mother on Capitol Hill
3/25 8:30 ET Q4 2020 CDP final guess
3/25 12:00 ET Goon Bostic speech
3/25 3:45 ET Goon Chlamydia speech
3/26 8:30 ET Personal Income and Spending
3/26 8:30 ET Core Inflation
3/26 10:00 ET Consumer Sentiment

Key Economic Events Week of 3/15

3/15 8:30 ET Empire State Index
3/16 8:30 ET Retail Sales
3/16 8:30 Import Price Index
3/16 9:15 ET Cap Ute and Ind Prod
3/16 10:00 ET Business Inventories
3/17 2:00 ET FOMC Fedlines
3/17 2:30 ET CGP presser
3/17 8:30 ET Philly Fed

Key Economic Events Week of 3/8

3/8 10:00 ET Wholesale Inventories
3/10 8:30 ET CPI
3/10 2:00 ET Federal budget
3/11 8:30 ET Initial jobless claims
3/12 10:00 ET JOLTS job openings
3/13 8:30 ET PPI
3/13 10:00 ET UMich sentiment

Key Economic Events Week of 3/1

3/1 9:45 ET Markit Manu PMI
3/2 10:00 ET ISM Manu PMI
3/2 1:00 ET Goon Brainard
3/3 9:45 ET Markit Service PMI
3/3 10:00 ET ISM Service PMI
3/3 12:00 ET Goon Bostic
3/3 2:00 ET Goon Evans
3/4 8:30 ET Unit Labor Costs
3/4 10:00 ET Factory Orders
3/4 12:00 ET Chief Goon Powell
3/5 8:30 ET BLSBS

Key Economic Events Week of 2/22

2/22 10:00 ET LEIII
2/23 9:00 ET Case-Shiller home prices
2/23 10:00 ET CGP at US Senate
2/24 10:00 ET CGP at US House
2/24 1:00 ET Goon Chlamydia speech
2/25 8:30 ET Jobless claims
2/25 8:30 ET Durable goods
2/25 10:30 ET Goon Bullard
2/26 8:30 ET Pers Inc and Spending
2/26 8:30 ET Core inflation
2/26 9:45 ET Chicago PMI
2/26 10:00 ET UMich sentiment

Key Economic Events Week of 2/15

2/17 8:30 ET Retail Sales
2/17 8:30 ET PPI
2/17 9:15 ET Cap Ute and Ind Prod
2/17 10:00 ET Business Inventories
2/17 2:00 ET January FOMC minutes
2/18 8:30 ET Initial jobless claims
2/18 8:30 ET Import price index
2/18 8:30 ET Philly Fed
2/19 9:45 ET Markit Feb flash PMIs

Recent Comments

by 0ceanrider, 51 sec ago
by chrtoo, 6 min 50 sec ago
by invest500, 14 min 39 sec ago
by zenharmonics, 18 min 3 sec ago
by Righting Moment, 18 min 14 sec ago