RE:Frank Giustra interview Mr Giustra is on my blacklist and I don't pay attention when he speaks. A couple of years ago he was being interviewed and he was asked....what if the fed raises interest rates? Won't that be very bad for miners and gold? His answer....they can't raise interest rates because the US is drowning in debt and they won't be able to afford the interest payments so its not gonna happen. Smart and influential guy, friends with the Clinton's and many others in the deep state, I thought he knew something. WRONG.
Same with Pierre Lasonde. Saw him in an interview in 2021 where he was saying the miners have the best future he's ever seen because input costs (oil) are so low and will not be going up again. WRONG. I'm slowly putting most of these "experts" on my blacklist. Better to not listen to anyone. Just go with your own assumptions and always expect the unexpected. The only guy I still like is Howard Mark's. For years now I've seen him interviewed and every time he's asked what will happen in the future its always the same answer....."well I don't know". I like that man. Humble and wise and a billionaire