Frank Giustra explains why he believes Bitcoin will not replace gold

Stansberry Research, Released on 1/15/21

For Part 1 of this interview, CLICK HERE

In Part 2 of his exclusive interview with our Daniela Cambone, billionaire philanthropist and investor Frank Giustra weighs in on the heated bitcoin versus gold debate, explaining which of the two he prefers as a store of wealth. He also warns that greater regulations and clampdowns will be coming to haunt bitcoin. “The central banks see bitcoin as a tremendous threat and they will stop at nothing,” he says.

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.

Notify of

Inline Feedbacks
View all comments