Frank Giustra: Gold Price Will See Tsunamic Increase Despite Dips (Part 2/2)

By Stansberry Research / September 24, 2020 / marketsanity.com / Article Link

For Part 1 of this interview, CLICK HERE

In part two of his exclusive interview with Stansberry Research, Canadian mining maverick, Frank Giustra says the gold price is headed much higher than its record highs of $2,075 an ounce. "Daniela pick a number. Seriously, pick a number and I wouldn't disagree with you," he said in an interview with our Daniela Cambone when asked about his gold forecast. "You have all of these trillions of dollars sitting in bonds. Where's that money going to go when it starts to panic out of bonds? It's got to go to gold and other hard assets."

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.

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