It's Jimmy Connor, thanks for joining us today! Please leave a comment on who else you would like to see on our channel. Don't forget to Subscribe and Comment below. Thanks for your support!
There are so many channels that keep interviewing the same people (including yours) but you do bring on people I have not heard of before so its refreshing.
50 million ounces of Au for Free and it still keeps raining on him - in Au. He won the largest lottery I have ever heard about. The ticket cost was US$ 2 million and he has been rewarded with billions and still more.... unbelievable. You should interview the Royal Gold and Wheaton, OR management teams and key founders. There has been a lot of optionality innovation created, practiced and taught by those world class firms. Thanks for a great vid. Keep'em coming!
It's Jimmy Connor, thanks for the comment Jim and for attending our UA-cam Premier on Pierre Lassonde! Yes it would be great to have a discussion with both of them.
When FNV fell I said finally it’s my time to enter. That was a beautiful thing. When they lost the Cobre Panama mine the stock fell 40% and the mine it self was only producing about 16% of their bottom line so that means it was over sold. I scooped up a decent amount of shares and averaged out around $110 per share been holding since and getting a Dividend ever quarter currently it’s hanging out in the $125-$130 range. Once $130 becomes a floor and it hits $147 I’ll sell about 25% of my position which will give me about what I put in then I’ll let the rest ride while I wait for the commodity bull market to play out. If the trend or news changes I’ll adjust my plan accordingly
Great interview! I always enjoy hearing the back stories. I never understand why royalties trade at such a large valuation premium so I stay away. Mining is fraught with risk, Victoria Gold and SSR for example. GLD is the only safe way to get gold allocation.
Love the story about how they would go mine anywhere in the world providing they speak english, have great skiing and they play poker. This is so so true and why Agnico has massively outperformed Barrick and Newmont. Stick to Canada.
Pierre is a great conversationalist, but I disagree with him on one point: the rule of law. If you think that Anglo-Saxon countries are rule of law, remember: 1. COVID 19; 2. the confiscation of gold in 1933; 3. countless assassination attempts on rebellious US presidents; 4. the creation of the FED; 5. many assassination attempts on third countries, and numerous wars. These countries are private corporations that represent the interests of a narrow group of people who are above the law. In this sense, Pierre is a lucky victim of media manipulation.
It's Jimmy Connor, thanks for the comment Tomas! Thankfully the rule of law still exists in Canada, the US and Australia (I'm sticking w mining jurisdiction's). With regard to covid, all bets were off. Our governments did some crazy things during that time!!! It just goes to show you under the right circumstances anything can happen.
@@BloorStreetCapital If the US dollar loses purchasing power = America will need gold to survive the rule of law will be the first victim along with the stock, bond and real estate markets. While we are on the subject read "Great Taking" by David Webb. People do not understand the conditions in which they have to live.
@@tomaszrejewski4952 Oh yeh we are all so oblivious to everything. I'm always blown away by the debt levels which stands at $35 trillion and is growing by $1 trillion every 100 days. Interest to service the debt is now at $1 trillion a year and will grow to $1.7 by 2027. These numbers are staggering.
Its interesting to listen to where he thinks the zone of Maximum Risk - is. He shares that it is at the exploration point. Given current events faced by FNV and First Quantum in Panama and the Cobre Panama mine confiscation - I believe the point of maximum risk has shifted greatly - to the production phase. Geological risk is transformed into political/ kleptocratic risk - masquerading as 'resource nationalism'.... As a FNV shareholder - post this debacle - this is the key lesson for the miners and especially the royalty capital allocators. Pick your projects and country placement very carefully - there are all kinds of mines that have been stolen all over the place. As an investor - this needs to be a focal point for yr capital allocation as well.
It's Jimmy Connor, thanks for the comment Alex and for attending our UA-cam Premier on Pierre Lassonde! We didn't discuss Cobre Panama given it's still a fluid situation.
I really wonder to who you're talking to now because most of the people have no money for food so you can forget about selling them Gold or silver..!!!!!....where have you been the last 2-3 years..??????????????????????????????????????????????????????????????????????????
I buy physical gold and one or two royalty companies but mining stocks are without a doubt the worse investment you can make. Cobre Panama, Victoria Gold, SSR to name just a few disasters.
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Seeing a remark regarding my manager Anna Rodriguez is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Anna Rodriguez been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this
gold does not allow one to escape the fiat slave system. While it may act as a hedge against inflation and economic instability, it remains entangled with the fiat system and does not offer a complete escape from its constraints. Bitcoin, on the other hand, provides a decentralized alternative that can offer greater independence from traditional fiat systems.
It's Jimmy Connor, thanks for the comment! Gold and bitcoin share many of the same traits but the big difference IMO is that you can hold gold in your hand. You cant hold bitcoin. In addition, what do you do if the grid goes down or the power goes out. No power, no bitcoin.
@@BloorStreetCapital The belief that one can hold gold but cannot hold Bitcoin likely stems from the tangible, physical nature of gold compared to the digital, intangible nature of Bitcoin. Here's how you can address this comparison: 1. **Tangibility and Possession**: - **Gold**: Gold is a physical asset that can be held in one's hand, stored in a safe, or kept in a bank vault. Its tangibility makes it feel secure and real. - **Bitcoin**: Bitcoin is a digital asset stored on the blockchain. Ownership is secured through private keys, which can be stored digitally (e.g., in a hardware wallet) or even on paper (e.g., a paper wallet). Though you can't physically hold Bitcoin, you can securely possess it. 2. **Security and Portability**: - **Gold**: Transporting large amounts of gold can be cumbersome, risky, and expensive. It requires physical security measures. - **Bitcoin**: Bitcoin is highly portable. Transferring Bitcoin across borders or over distances can be done quickly and with minimal cost, and it doesn't require physical security measures beyond securing the private keys. 3. **Accessibility**: - **Gold**: Accessing physical gold can be restricted by government regulations or geographic constraints. It might also involve additional costs and logistics. - **Bitcoin**: Bitcoin can be accessed from anywhere in the world with an internet connection. It is not constrained by physical boundaries, and transactions can be performed 24/7. 4. **Market and Liquidity**: - **Gold**: Gold markets are well-established and have a long history, providing a sense of stability. However, selling physical gold can involve time, intermediaries, and fees. - **Bitcoin**: Bitcoin markets are relatively newer but offer high liquidity. Bitcoin can be bought or sold on various exchanges instantly, often with lower transaction costs compared to physical gold trading. 5. **Innovation and Future Potential**: - **Gold**: Gold has limited innovation potential in its usage as a store of value or currency alternative. - **Bitcoin**: Bitcoin, being digital, is part of a broader ecosystem of blockchain technology, which is continuously evolving and offering new applications and innovations beyond just a store of value. While gold provides the comfort of physical possession, Bitcoin offers modern, efficient, and borderless options for holding and transferring value. Both have their unique advantages, and the choice between them depends on individual preferences and beliefs about security, accessibility, and future potential.
The belief that one can hold gold but cannot hold Bitcoin likely stems from the tangible, physical nature of gold compared to the digital, intangible nature of Bitcoin. Here's how you can address this comparison: 1. **Tangibility and Possession**: - **Gold**: Gold is a physical asset that can be held in one's hand, stored in a safe, or kept in a bank vault. Its tangibility makes it feel secure and real. - **Bitcoin**: Bitcoin is a digital asset stored on the blockchain. Ownership is secured through private keys, which can be stored digitally (e.g., in a hardware wallet) or even on paper (e.g., a paper wallet). Though you can't physically hold Bitcoin, you can securely possess it. 2. **Security and Portability**: - **Gold**: Transporting large amounts of gold can be cumbersome, risky, and expensive. It requires physical security measures. - **Bitcoin**: Bitcoin is highly portable. Transferring Bitcoin across borders or over distances can be done quickly and with minimal cost, and it doesn't require physical security measures beyond securing the private keys. 3. **Accessibility**: - **Gold**: Accessing physical gold can be restricted by government regulations or geographic constraints. It might also involve additional costs and logistics. - **Bitcoin**: Bitcoin can be accessed from anywhere in the world with an internet connection. It is not constrained by physical boundaries, and transactions can be performed 24/7. 4. **Market and Liquidity**: - **Gold**: Gold markets are well-established and have a long history, providing a sense of stability. However, selling physical gold can involve time, intermediaries, and fees. - **Bitcoin**: Bitcoin markets are relatively newer but offer high liquidity. Bitcoin can be bought or sold on various exchanges instantly, often with lower transaction costs compared to physical gold trading. 5. **Innovation and Future Potential**: - **Gold**: Gold has limited innovation potential in its usage as a store of value or currency alternative. - **Bitcoin**: Bitcoin, being digital, is part of a broader ecosystem of blockchain technology, which is continuously evolving and offering new applications and innovations beyond just a store of value. While gold provides the comfort of physical possession, Bitcoin offers modern, efficient, and borderless options for holding and transferring value. Both have their unique advantages, and the choice between them depends on individual preferences and beliefs about security, accessibility, and future potential. Much like the majority die not actually hold any fiat currency today. 😏
It's Jimmy Connor, thanks for joining us today! Please leave a comment on who else you would like to see on our channel. Don't forget to Subscribe and Comment below. Thanks for your support!
There are so many channels that keep interviewing the same people (including yours) but you do bring on people I have not heard of before so its refreshing.
It's Jimmy Connor, thanks for the comment Ethan and for taking the time to view our content!
50 million ounces of Au for Free and it still keeps raining on him - in Au. He won the largest lottery I have ever heard about. The ticket cost was US$ 2 million and he has been rewarded with billions and still more.... unbelievable.
You should interview the Royal Gold and Wheaton, OR management teams and key founders. There has been a lot of optionality innovation created, practiced and taught by those world class firms.
Thanks for a great vid. Keep'em coming!
It's Jimmy Connor, thanks for the comment and suggestion Alex! We have a couple more in the works. It takes a while to line up all the ducks.
Pierre est un vrai gentleman. Le monde serait meilleur avec plus de gens comme lui. Merci
It's Jimmy Connor, thanks for the comment Patrick and for taking the time to view our content!
Fantastic interview! Thank-you both.
It's Jimmy Connor, thanks for the comment and for attending our UA-cam Premier on Pierre Lassonde!
This was a wonderful & enlightening interview…!!!
Thank you…!!! 😀👍🙏🙏🙏
It's Jimmy Connor, thanks for the comment Scott and for attending our UA-cam Premier on Pierre Lassonde!
God Bless…!!!🙏🙏🙏
Great interview!
It's Jimmy Connor, thanks for the comment Nick and for attending our UA-cam Premier on Pierre Lassonde!
Big big fan of Pierre and Seymour and what they have done in creating shareholder wealth. If only other mining companies would be so good.
It's Jimmy Connor, thanks for the comment Jim and for attending our UA-cam Premier on Pierre Lassonde! Yes it would be great to have a discussion with both of them.
When FNV fell I said finally it’s my time to enter. That was a beautiful thing. When they lost the Cobre Panama mine the stock fell 40% and the mine it self was only producing about 16% of their bottom line so that means it was over sold. I scooped up a decent amount of shares and averaged out around $110 per share been holding since and getting a Dividend ever quarter currently it’s hanging out in the $125-$130 range. Once $130 becomes a floor and it hits $147 I’ll sell about 25% of my position which will give me about what I put in then I’ll let the rest ride while I wait for the commodity bull market to play out. If the trend or news changes I’ll adjust my plan accordingly
It's Jimmy Connor, thanks for the comment! Yes that was the ultimate buying opportunity and they still have the royalty on Cobre Panama!
Great interview. I remember watching this a few months ago and watching it again now was really helpful.
It's Jimmy Connor, thanks for the comment Paul and for attending our UA-cam Premier on Pierre Lassonde!
A real gentleman!!!
It's Jimmy Connor, thanks for the comment! Pierre is a true gentleman!
Good interview. Informative. Thanks to the both of you.
It's Jimmy Connor, thanks for the comment and happy you enjoyed it!
Great interview! I always enjoy hearing the back stories. I never understand why royalties trade at such a large valuation premium so I stay away. Mining is fraught with risk, Victoria Gold and SSR for example. GLD is the only safe way to get gold allocation.
It's Jimmy Connor, thanks for the comment Jamie and for taking the time to view our content! Pierre had some amazing stories off camera.
I like your precious metals updates
Thanks for the comment! Who else would you like to see?
Great interview
It's Jimmy Connor, thanks for the comment Youssef and for attending our UA-cam Premier on Pierre Lassonde!
Great interview!!! Thanks !
It's Jimmy Connor, thanks for the comment Hugo and for attending our UA-cam Premier on Pierre Lassonde
Love the story about how they would go mine anywhere in the world providing they speak english, have great skiing and they play poker. This is so so true and why Agnico has massively outperformed Barrick and Newmont. Stick to Canada.
It's Jimmy Connor, thanks for the comment Mike and for attending our UA-cam Premier on Pierre Lassonde! He told me some even better stories off line.
A masterclass!
It's Jimmy Connor, thanks for the comment Dan and for attending our UA-cam Premier on Pierre Lassonde
Great info here
It's Jimmy Connor, thanks for the comment and for attending our UA-cam Premier on Pierre Lassonde!
Pierre is a great conversationalist, but I disagree with him on one point: the rule of law. If you think that Anglo-Saxon countries are rule of law, remember:
1. COVID 19;
2. the confiscation of gold in 1933;
3. countless assassination attempts on rebellious US presidents;
4. the creation of the FED;
5. many assassination attempts on third countries, and numerous wars.
These countries are private corporations that represent the interests of a narrow group of people who are above the law. In this sense, Pierre is a lucky victim of media manipulation.
It's Jimmy Connor, thanks for the comment Tomas! Thankfully the rule of law still exists in Canada, the US and Australia (I'm sticking w mining jurisdiction's). With regard to covid, all bets were off. Our governments did some crazy things during that time!!! It just goes to show you under the right circumstances anything can happen.
@@BloorStreetCapital If the US dollar loses purchasing power = America will need gold to survive the rule of law will be the first victim along with the stock, bond and real estate markets. While we are on the subject read "Great Taking" by David Webb. People do not understand the conditions in which they have to live.
@@BloorStreetCapital read The Great Taking of David Webb. Everything is in place in terms of rule of law.
@@tomaszrejewski4952 Oh yeh we are all so oblivious to everything. I'm always blown away by the debt levels which stands at $35 trillion and is growing by $1 trillion every 100 days. Interest to service the debt is now at $1 trillion a year and will grow to $1.7 by 2027. These numbers are staggering.
KEFI Gold and Copper Plc is a clear example of a company trading at the preproduction sweet spot these days
It's Jimmy Connor, thanks for the comment! Not a name I am familiar with but I will check it out.
Sonde in french means probe in english. The name says it all...to probe...with probity. The very ballast of any PM portfolio!
It's Jimmy Connor, thanks for the comment Reggie! I always appreciate your words of wisdom.
I would have liked it if you addressed Cobre Panama and wtf is going on there. 25% of nav warrants a discussion.
It's Jimmy Connor, thanks for the comment Frank! Many people did ask but given the situation is still in flux we opted not to discuss it.
I’d love to hear thought on Crisper Theraputics ? CRSP from the CEO or CF0 … 🙏🙏🙏
Not a name or sector I know. I try to stick with macro and resources.
So no African Mines with that criteria for investment ?
It's Jimmy Connor, thanks for the comment/question! That is correct, 85% of their portfolio is in the Americas. Too many issues in Africa.
Jim Cramer always said 'Best of Breed" and Franco is Best of Breed.
It's Jimmy Connor, thanks for the comment and for attending our UA-cam Premier on Pierre Lassonde! Franco is the best!
Great interview gents! Feel free to write me a check anytime
It's Jimmy Connor, thanks for the comment Danny and for attending our UA-cam Premier on Pierre Lassonde!
USD is going to get crushed by gold
It's Jimmy Connor, thanks for the comment! Agreed!
I would only invest in 2 gold companies and this is one of them.
It's Jimmy Connor, thanks for the comment Ron and for attending our UA-cam Premier on Pierre Lassonde!
What's the other company, Wheaton precious or Agnico Eagle?
Gold peddlers have COME OUT OF HIBERNATION 😊
It's Jimmy Connor, thanks for the comment Big Moose! It's just getting started!
cobra panama was the deal of the century to buy franco at a discount thanks to those maroon's at first quantum
It's Jimmy Connor, thanks for the comment and for attending our UA-cam Premier on Pierre Lassonde! Yes that was a great buying opp!
I first became suspicious of the U.S.D. in August of 1971 , thanks to Tricky Dick Nixon !
Oh yeh those were crazy times. Even crazier then what we are experiencing now.
Its interesting to listen to where he thinks the zone of Maximum Risk - is.
He shares that it is at the exploration point. Given current events faced by FNV and First Quantum in Panama and the Cobre Panama mine confiscation - I believe the point of maximum risk has shifted greatly - to the production phase. Geological risk is transformed into political/ kleptocratic risk - masquerading as 'resource nationalism'....
As a FNV shareholder - post this debacle - this is the key lesson for the miners and especially the royalty capital allocators.
Pick your projects and country placement very carefully - there are all kinds of mines that have been stolen all over the place.
As an investor - this needs to be a focal point for yr capital allocation as well.
It's Jimmy Connor, thanks for the comment Alex and for attending our UA-cam Premier on Pierre Lassonde! We didn't discuss Cobre Panama given it's still a fluid situation.
A gold salesman telling you to buy gold. Think about that guys.
Of course he is pitching gold, that's where he made his fortune. No different then the Pope preaching about Christianity.
you have been telling people to buy gold for the last 40 years since the first time I shot upward it has not had since
It's Jimmy Connor, thanks for the comment/statement. Gold has done okay but many of the gold equities have not.
I really wonder to who you're talking to now because most of the people have no money for food so you can forget about selling them Gold or silver..!!!!!....where have you been the last 2-3 years..??????????????????????????????????????????????????????????????????????????
But yet you are watching UA-cam on your $1000 iPhone
I buy physical gold and one or two royalty companies but mining stocks are without a doubt the worse investment you can make. Cobre Panama, Victoria Gold, SSR to name just a few disasters.
It's Jimmy Connor, thanks for the comment Omer and for taking the time to view our content! Mining is a tough business!
I have learnt a lot concerning crypto progress this time and will like to join in . I wish I can get a good mentorship❤
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Ms. Anna Rodriguez. She is highly adept at t'rading and making significant pro'fits, in my opinion, is excellent.
Seeing a remark regarding my manager Anna Rodriguez is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Anna Rodriguez been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this
Guys, you've just made my day! I've lost so much money on my own. How do I reach her please?
If u don't have electricity u can't get money from bank, pay bills, do groceries. Bitcoin is the future
It's Jimmy Connor, thanks for the comment! But if you have no electricity you have no btc.
I agree . As well don't have access to your bank account. We would be back to middle age
gold does not allow one to escape the fiat slave system. While it may act as a hedge against inflation and economic instability, it remains entangled with the fiat system and does not offer a complete escape from its constraints. Bitcoin, on the other hand, provides a decentralized alternative that can offer greater independence from traditional fiat systems.
It's Jimmy Connor, thanks for the comment! Gold and bitcoin share many of the same traits but the big difference IMO is that you can hold gold in your hand. You cant hold bitcoin. In addition, what do you do if the grid goes down or the power goes out. No power, no bitcoin.
@@BloorStreetCapital The belief that one can hold gold but cannot hold Bitcoin likely stems from the tangible, physical nature of gold compared to the digital, intangible nature of Bitcoin. Here's how you can address this comparison:
1. **Tangibility and Possession**:
- **Gold**: Gold is a physical asset that can be held in one's hand, stored in a safe, or kept in a bank vault. Its tangibility makes it feel secure and real.
- **Bitcoin**: Bitcoin is a digital asset stored on the blockchain. Ownership is secured through private keys, which can be stored digitally (e.g., in a hardware wallet) or even on paper (e.g., a paper wallet). Though you can't physically hold Bitcoin, you can securely possess it.
2. **Security and Portability**:
- **Gold**: Transporting large amounts of gold can be cumbersome, risky, and expensive. It requires physical security measures.
- **Bitcoin**: Bitcoin is highly portable. Transferring Bitcoin across borders or over distances can be done quickly and with minimal cost, and it doesn't require physical security measures beyond securing the private keys.
3. **Accessibility**:
- **Gold**: Accessing physical gold can be restricted by government regulations or geographic constraints. It might also involve additional costs and logistics.
- **Bitcoin**: Bitcoin can be accessed from anywhere in the world with an internet connection. It is not constrained by physical boundaries, and transactions can be performed 24/7.
4. **Market and Liquidity**:
- **Gold**: Gold markets are well-established and have a long history, providing a sense of stability. However, selling physical gold can involve time, intermediaries, and fees.
- **Bitcoin**: Bitcoin markets are relatively newer but offer high liquidity. Bitcoin can be bought or sold on various exchanges instantly, often with lower transaction costs compared to physical gold trading.
5. **Innovation and Future Potential**:
- **Gold**: Gold has limited innovation potential in its usage as a store of value or currency alternative.
- **Bitcoin**: Bitcoin, being digital, is part of a broader ecosystem of blockchain technology, which is continuously evolving and offering new applications and innovations beyond just a store of value.
While gold provides the comfort of physical possession, Bitcoin offers modern, efficient, and borderless options for holding and transferring value. Both have their unique advantages, and the choice between them depends on individual preferences and beliefs about security, accessibility, and future potential.
The belief that one can hold gold but cannot hold Bitcoin likely stems from the tangible, physical nature of gold compared to the digital, intangible nature of Bitcoin. Here's how you can address this comparison:
1. **Tangibility and Possession**:
- **Gold**: Gold is a physical asset that can be held in one's hand, stored in a safe, or kept in a bank vault. Its tangibility makes it feel secure and real.
- **Bitcoin**: Bitcoin is a digital asset stored on the blockchain. Ownership is secured through private keys, which can be stored digitally (e.g., in a hardware wallet) or even on paper (e.g., a paper wallet). Though you can't physically hold Bitcoin, you can securely possess it.
2. **Security and Portability**:
- **Gold**: Transporting large amounts of gold can be cumbersome, risky, and expensive. It requires physical security measures.
- **Bitcoin**: Bitcoin is highly portable. Transferring Bitcoin across borders or over distances can be done quickly and with minimal cost, and it doesn't require physical security measures beyond securing the private keys.
3. **Accessibility**:
- **Gold**: Accessing physical gold can be restricted by government regulations or geographic constraints. It might also involve additional costs and logistics.
- **Bitcoin**: Bitcoin can be accessed from anywhere in the world with an internet connection. It is not constrained by physical boundaries, and transactions can be performed 24/7.
4. **Market and Liquidity**:
- **Gold**: Gold markets are well-established and have a long history, providing a sense of stability. However, selling physical gold can involve time, intermediaries, and fees.
- **Bitcoin**: Bitcoin markets are relatively newer but offer high liquidity. Bitcoin can be bought or sold on various exchanges instantly, often with lower transaction costs compared to physical gold trading.
5. **Innovation and Future Potential**:
- **Gold**: Gold has limited innovation potential in its usage as a store of value or currency alternative.
- **Bitcoin**: Bitcoin, being digital, is part of a broader ecosystem of blockchain technology, which is continuously evolving and offering new applications and innovations beyond just a store of value.
While gold provides the comfort of physical possession, Bitcoin offers modern, efficient, and borderless options for holding and transferring value. Both have their unique advantages, and the choice between them depends on individual preferences and beliefs about security, accessibility, and future potential.
Much like the majority die not actually hold any fiat currency today. 😏
Great interview
It's Jimmy Connor, thanks for the comment and for attending our UA-cam Premier on Pierre Lassonde!