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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

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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.

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Forum Discussion

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