The Jay Martin Show, Released on 5/25/22
Legendary resource investor and CEO of Fiore Financial, Frank Giustra joins the show to give his thoughts on the future of the gold market. Frank emphasizes that investors need to have patience above all, and he lays out a scenario where central banks could revalue gold.
00:00 Introduction
01:46 How is Frank Investing in this Environment?
03:44 Bitcoin VS Gold
06:54 Why Haven’t Gold and Gold Equities Performed?
11:45 Impact of Financial Sanctions on Gold
15:18 Manipulation of the Gold Price
20:55 Aris Gold
26:11 The Importance of Having the Right People
28:50 Raising Capital in the Current Environment
Frank Giustra is a Canadian business executive, who has been particularly successful in the mining and filmmaking industries, and is a noted philanthropist. Mr. Giustra started out as an assistant trader and then became a stockbroker at Merrill Lynch in his early career. He later went on to join Yorkton Securities, where he helped launch a new branch geared towards financing resource companies in Europe. He is now an advisor to major gold miner, Endeavour Mining Corporation. In the late 90’s, he founded Lionsgate Entertainment – the company behind The Hunger Games and Michael Moore’s Fahrenheit 9/11. The company had over $2 billion in revenue in 2013, and owns the rights to the hugely successful Twilight movie franchise and The Expendables series, among other big blockbuster titles. He is presently the CEO of Fiore Group. More information can be found at his website FrankGiustra.com.