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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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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?

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