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
Clarkii StomiasTF
Jun 10, 2020 - 12:23pm

Predictable FOMC Silver Repression

It's funny. I've been looking to add to Discovery Metals (silver junior). When last week's smash happened, I assumed that yesterday or today would be a good time to try to buy more. Watched all day yesterday but held off. Managed to add a good chunk to my position this morning after the open, right as silver was being walked back. If nothing else, these FOMC a-holes do provide a way to "time" the market, so to speak. Thanks Fed. Here's hoping it works out.

Orange
Jun 10, 2020 - 12:22pm

Not sure about this guy now.

Why the hell would he put his CDS price target at $20.50 while CDG well surpasses all time high?

On gold and silver, Nenner says his next price targets are “$2,500 per ounce on gold and $20.50 on silver . . .

https://www.zerohedge.com/markets/world-faces-major-disaster-charles-nen...

billhilly
Jun 10, 2020 - 12:15pm

@AGAU...

...picked up some of those same calls just now SLV. I'm hoping we are correct !

HistoryStudent
Jun 10, 2020 - 12:08pm

Gold is going higher A LOT HIGHER...

Remember the Tea Parties?

https://www.zerohedge.com/political/seattle-protesters-establish-autonom...

Thousands over running the BIG Cities City Halls is a whole new ballgame.

Watch closely - people are going to be VERY AFRAID. Fear is ten times stronger than GREED.

Be prepared too.

GoldHermit
Jun 10, 2020 - 11:55am

Craig...

I'm trying to send you an email and it is sticking on please wait. Am I doing anything wrong? Did you happen to receive it? Sorry for the hastle.

-SilverIsMoney-TF
Jun 10, 2020 - 11:38am

I think...

You've got this pegged correctly. So often they beat us down right before a bullish fomc.

On a side note I think I'm gonna make it a new rule I buy all mining stocks of chairman/CEOs that interview with you.

tonym9
Jun 10, 2020 - 11:36am

Back in JNUG at 90.30

Back in JNUG at 90.30

TF got filled!!!

Things look to have quieted and my guess is now we hit slumber time before the news comes. Waterfalls are always possible so watch your ass. Im stepping away and going to unpack some boxes. Prolly shouldnt, but if i watch this as close as I am i'll chop myself up.

tonym9
Jun 10, 2020 - 11:24am

CRAIG:

CRAIG:

I love to see your posts in real time. Thank you so much for what you do.

Until the minutes come out and are done, along with the presser, this is pure unadulterated gambling on my part. DYODD AND REMEMBER THAT I DONT KNOW JACK SHIT AND HAVE LOST MY ASS PLAYING JNUG.

But Im with you guys 100%...I think we are going to see onehellofa run after the news events today.

Its hard to tell if the monkey play is over. On the hourly last 2 candles SILVER 17.87 low and right now is at 17.925...GOLD low 1719 currently at 1722.10. GDXJ at 44.43/44/44. JNUG at 90.52/90.63. 10yrUST at .777%. USD at 96.266

Scalping is my main play right now. But I want a JNUG rental with an option to lease.

Jun 10, 2020 - 11:14am
Jun 10, 2020 - 11:09am

This chart

Does it look like a normal fair market of does it look like a managed price lowering before the news?

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 goodwill, 55 sec ago
by CC Horses, 5 min ago
by H8Fiat, 13 min 44 sec ago
by brokerk22, 21 min 28 sec ago
randomness