Kitco News, Released on 11/9/22
Is the price of gold really manipulated? Is there a grand conspiracy to suppress the gold price and control this millennium-old money? Why invest in gold if the market is not “free”? Are we on the verge of a bifurcation of the global monetary system where gold regains its prominence, forcing investors worldwide to acknowledge the true value of this precious metal? These are some of the most controversial and hotly debated topics in the precious metals industry, and Kitco’s Ultimate Gold Panel brings two of the industry’s most successful veterans together to tackle these issues LIVE on YouTube on November 09, 2022, at 3pm EST/12pm PT! Making the case that there is an intentional and coordinated effort to manipulate and suppress the price of gold is Frank Giustra, mining, and media mogul, CEO of Fiore Group, founder of Lionsgate Entertainment, Special Advisor of Aris Gold, and former chairman of global mining finance advisory and merchant banking firm, Endeavor Financial. Challenging Giustra is Rick Rule, investor and speculator extraordinaire. Rule’s career in the resource sector spans over four decades; he is the former CEO of Sprott, the current President of Rule Investment Media, and one of the most influential voices in the commodity sector. This powerful panel, moderated by Kitco NEWS Editor-in-Chief and Lead Anchor Michelle Makori, will also provide an outlook on the macroeconomy, markets and geopolitical developments.
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.
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.
It’s a shame nobody edited out the wasteful 17 minute, say nothing intro loop,