She may not have the expensive outfit or professional lights/sound/technician of a TV station. But she has the knowledge to ask relevant questions. THANK YOU.
@@mrme3717 Yup. Solutions exist but the banksters etc don’t want us to have/use honest money. If a large swath of the population begins to stack PM’s, the government will just make it illegal to own/use. I like your logic but don’t think it will pan out anytime soon. Only when complete destruction of purchasing power is obvious, might we go back to honest money.
@@sanpedrosilver agreed. Thank you for your interest and your comment. In the meantime we can save in the metals and educate ourselves and others. That way, we at least save our families.
1 million ounces is a good short term goal. It’s crazy to know Newmont produces north of 6,000,000 ounces a year. EQX has a lot of work to do but I believe in Ross and his leadership. Long ✅
Our world has 4 fundamental practices that are problematic. If we dont understand the causes we will address the symptoms or actors, not the causes. 1st. Large private & Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt, at interest. An increasing population needs an increase in currency, but it is ALL created as debt bearing interest. This indebts the whole world, every person, every government, in totally unpayable debts, enslaving us all to bankers through personal debt or ever increasing oppressive and unjust taxation, permits, licences, rates, registrations, regulations, duties, fees, fines, levies, surcharges, adinfinitum, of which an increasing volume goes straight to the debt creators, who created it for free. (At zero cost to themselves.) 2nd. Virtually no limitation plus fractional and recirculating fiat currency allows banks to effectively create massive new Currency volumes as DEBT, blowing massive bubbles (in housing/stocks) which devalues everyone's wages, savings & pension by raising all prices. We call this inflation, but it's really devaluation. (Shrinkflation adds to our reduction and desolation. ) The fix ? Go back to Sound Metalic Money and stop all banks and financial institutions loaning out more than they have on deposit, but further, DO NOT ALLOW ANYTHING BUT Metalic Money TO BE CALLED AN ASSET OR COLATERAL. Real Estate loans have been classified as collateral. This allows the bank to call the loan an asset, and sell it, or loan against it, which blows real estate bubbles. Today >80% of Bank loans are for Real Estate, 50 years ago > 80% was for industry. Return currency creation to national treasury departments with a zero Inflation policy and set % levels for industry loans v home loans. This will not create inflation like some bankers/economists would have you think. It is not WHO creates currency that drives the constant devaluation of your work & money, it is THE VOLUME per population/ productivity. The banks increased the base currency supply by over 65 % since March 2020 & 300% since 2008. This is multiplied as real estate bubbles lever up equity to underwrite new loans. You can't spend it off planet, and we've had no increase in population or productivity. How can this not devalue all our savings, wages and retirement funds by a similar % as it enters the economy ? 3rd. Fiat currency whether paper OR DIGITAL has no intrinsic value, thus it cannot be used as a long term store of value, particularly in an ever expanding fiat system and it is really only taxation and the 'legal currency' label attached that creates only (artificial) demand for fiat currency. The fix ? Return to Silver, Gold, Copper & Nickel currency, designated by weight, not cents/dollars. These will find their own local value. These can't be printed to oblivion, have intrinsic value, and are a safeguard against bankers counterfeit loans. Continue to keep the manufacture of Gold & Silver rounds by private mints & foundries to help keep the government mints honest. Do not allow bankers and economists of the current system to con you into believing there isn't enough Metalic Money. There is a lot of the peoples Gold sitting in every Central Bank doing nothing. Monetise it now. You mix 1% gold, 99% copper or Nickle and you have Gold backed currency. Same with Silver & Nickle. Mint 10th ounce, 2 10ths, 5 10ths and 1 ounce. Or grams in similar increments. Never give it a 'value number,' which is a lie. Give it its weight & purity, and let the market decide what it will buy. Call it 'slow money," like 'slow food.' It's slower for sure, but it's 10 times better for you. We don't need a faster 'speed of money' if we aren't racing against inflation and unpayable debts & interest, and we dont need to live at 100 mph. Probably necessary to nationalise mines & pay shareholders out in metals. We are aiming at a more just, more perfect union, and that requires we treat shareholders justly and make them whole while preserving a mining and exploration industry. So gently, thoughtfully, carefully on this one. 4th The World Bank and IMF are your friendly international arms of the Federal Reserve, who loan worthless US currency invented at zero cost to enslaved nations of people to purchase necessities, when their own commodities or worthless currency would do just as well. This ensures the indebtedness of nation's simply to survive. Correct these 4 Principles and >80 % of a nation's problems would disappear. Do not allow your masters the Debt slave creator's to tell you it can't be done. They are not seeking your best interests, but theirs. It is easily done within 3 years if a Global effort was made. Beware. The FED, IMF, WEF wants you totally enslaved with Digital currency. Convert your garbage fiat currency into Gold and Silver or prepare for destruction. Come to think of it, you better prepare for destruction anyway. The bankers motto is : 'Preserve your Capital at all costs.' The bankers are buying Gold. We the people can afford Silver.
@@userjoe4321 There are studies showing that gold has no correlation to inflation. It correlates to real interest rates. For example, gold does well in a low inflation environment if interest rates are below the rate of inflation.
@@baarbacoa People like Ross have long memories and remember how gold acted as a hedge against inflation in the 70s and 80s. Some studies have found that gold can be an effective inflation hedge, but only over a longer period of time. Different perspectives between younger and older investors and those who hold gold for long periods - insurance. We can say with more certainty that crypto is not a hedge against inflation.
Where does Ross think the 200 million ounces of Silver will come from this year to make up the supply demand deficit? That is the Elephant in the room Predicting price without addressing this issue is a fool's errand
Our world has 4 fundamental practices that are problematic. If we dont understand the causes we will address the symptoms or actors, not the causes. 1st. Large private & Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt, at interest. An increasing population needs an increase in currency, but it is ALL created as debt bearing interest. This indebts the whole world, every person, every government, in totally unpayable debts, enslaving us all to bankers through personal debt or ever increasing oppressive and unjust taxation, permits, licences, rates, registrations, regulations, duties, fees, fines, levies, surcharges, adinfinitum, of which an increasing volume goes straight to the debt creators, who created it for free. (At zero cost to themselves.) 2nd. Virtually no limitation plus fractional and recirculating fiat currency allows banks to effectively create massive new Currency volumes as DEBT, blowing massive bubbles (in housing/stocks) which devalues everyone's wages, savings & pension by raising all prices. We call this inflation, but it's really devaluation. (Shrinkflation adds to our reduction and desolation. ) The fix ? Go back to Sound Metalic Money and stop all banks and financial institutions loaning out more than they have on deposit, but further, DO NOT ALLOW ANYTHING BUT Metalic Money TO BE CALLED AN ASSET OR COLATERAL. Real Estate loans have been classified as collateral. This allows the bank to call the loan an asset, and sell it, or loan against it, which blows real estate bubbles. Today >80% of Bank loans are for Real Estate, 50 years ago > 80% was for industry. Return currency creation to national treasury departments with a zero Inflation policy and set % levels for industry loans v home loans. This will not create inflation like some bankers/economists would have you think. It is not WHO creates currency that drives the constant devaluation of your work & money, it is THE VOLUME per population/ productivity. The banks increased the base currency supply by over 65 % since March 2020 & 300% since 2008. This is multiplied as real estate bubbles lever up equity to underwrite new loans. You can't spend it off planet, and we've had no increase in population or productivity. How can this not devalue all our savings, wages and retirement funds by a similar % as it enters the economy ? 3rd. Fiat currency whether paper OR DIGITAL has no intrinsic value, thus it cannot be used as a long term store of value, particularly in an ever expanding fiat system and it is really only taxation and the 'legal currency' label attached that creates only (artificial) demand for fiat currency. The fix ? Return to Silver, Gold, Copper & Nickel currency, designated by weight, not cents/dollars. These will find their own local value. These can't be printed to oblivion, have intrinsic value, and are a safeguard against bankers counterfeit loans. Continue to keep the manufacture of Gold & Silver rounds by private mints & foundries to help keep the government mints honest. Do not allow bankers and economists of the current system to con you into believing there isn't enough Metalic Money. There is a lot of the peoples Gold sitting in every Central Bank doing nothing. Monetise it now. You mix 1% gold, 99% copper or Nickle and you have Gold backed currency. Same with Silver & Nickle. Mint 10th ounce, 2 10ths, 5 10ths and 1 ounce. Or grams in similar increments. Never give it a 'value number,' which is a lie. Give it its weight & purity, and let the market decide what it will buy. Call it 'slow money," like 'slow food.' It's slower for sure, but it's 10 times better for you. We don't need a faster 'speed of money' if we aren't racing against inflation and unpayable debts & interest, and we dont need to live at 100 mph. Probably necessary to nationalise mines & pay shareholders out in metals. We are aiming at a more just, more perfect union, and that requires we treat shareholders justly and make them whole while preserving a mining and exploration industry. So gently, thoughtfully, carefully on this one. 4th The World Bank and IMF are your friendly international arms of the Federal Reserve, who loan worthless US currency invented at zero cost to enslaved nations of people to purchase necessities, when their own commodities or worthless currency would do just as well. This ensures the indebtedness of nation's simply to survive. Correct these 4 Principles and >80 % of a nation's problems would disappear. Do not allow your masters the Debt slave creator's to tell you it can't be done. They are not seeking your best interests, but theirs. It is easily done within 3 years if a Global effort was made. Beware. The FED, IMF, WEF wants you totally enslaved with Digital currency. Convert your garbage fiat currency into Gold and Silver or prepare for destruction. Come to think of it, you better prepare for destruction anyway. The bankers motto is : 'Preserve your Capital at all costs.' The bankers are buying Gold. We the people can afford Silver.
Interesting guy. But he doesn't mention the suppression and corruption involved in the paper Gold price. His demand and production thesis is bang on, unfortunately Gold is "priced" fully decoupled from reality.
She may not have the expensive outfit or professional lights/sound/technician of a TV station. But she has the knowledge to ask relevant questions. THANK YOU.
Great job! interviewing Ross!
Love hearing from Ross. It’s definitely been a while. Thanks for getting him on the channel Charlotte! 😎
@@mrme3717 Yup. Solutions exist but the banksters etc don’t want us to have/use honest money.
If a large swath of the population begins to stack PM’s, the government will just make it illegal to own/use.
I like your logic but don’t think it will pan out anytime soon. Only when complete destruction of purchasing power is obvious, might we go back to honest money.
@@sanpedrosilver agreed. Thank you for your interest and your comment.
In the meantime we can save in the metals and educate ourselves and others. That way, we at least save our families.
@@mrme3717 Absolutely! Always informing, always stacking physical
🤜🏻🤛🏼
@@sanpedrosilver 👍
Well done! Thank you.
1 million ounces is a good short term goal. It’s crazy to know Newmont produces north of 6,000,000 ounces a year. EQX has a lot of work to do but I believe in Ross and his leadership. Long ✅
Great guest, fantastic interview. Thanks a lot. Keep up the great show!
Our world has 4 fundamental practices that are problematic.
If we dont understand the causes we will address the symptoms or actors, not the causes.
1st. Large private & Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt, at interest. An increasing population needs an increase in currency, but it is ALL created as debt bearing interest.
This indebts the whole world, every person, every government, in totally unpayable debts, enslaving us all to bankers through personal debt or ever increasing oppressive and unjust taxation, permits, licences, rates, registrations, regulations, duties, fees, fines, levies, surcharges, adinfinitum, of which an increasing volume goes straight to the debt creators, who created it for free. (At zero cost to themselves.)
2nd. Virtually no limitation plus fractional and recirculating fiat currency allows banks to effectively create massive new Currency volumes as DEBT, blowing massive bubbles (in housing/stocks) which devalues everyone's wages, savings & pension by raising all prices. We call this inflation, but it's really devaluation. (Shrinkflation adds to our reduction and desolation. )
The fix ?
Go back to Sound Metalic Money and stop all banks and financial institutions loaning out more than they have on deposit, but further, DO NOT ALLOW ANYTHING BUT Metalic Money TO BE CALLED AN ASSET OR COLATERAL. Real Estate loans have been classified as collateral. This allows the bank to call the loan an asset, and sell it, or loan against it, which blows real estate bubbles. Today >80% of Bank loans are for Real Estate, 50 years ago > 80% was for industry.
Return currency creation to national treasury departments with a zero Inflation policy and set % levels for industry loans v home loans.
This will not create inflation like some bankers/economists would have you think. It is not WHO creates currency that drives the constant devaluation of your work & money, it is THE VOLUME per population/ productivity. The banks increased the base currency supply by over 65 % since March 2020 & 300% since 2008. This is multiplied as real estate bubbles lever up equity to underwrite new loans. You can't spend it off planet, and we've had no increase in population or productivity. How can this not devalue all our savings, wages and retirement funds by a similar % as it enters the economy ?
3rd. Fiat currency whether paper OR DIGITAL has no intrinsic value, thus it cannot be used as a long term store of value, particularly in an ever expanding fiat system and it is really only taxation and the 'legal currency' label attached that creates only (artificial) demand for fiat currency.
The fix ?
Return to Silver, Gold, Copper & Nickel currency, designated by weight, not cents/dollars. These will find their own local value. These can't be printed to oblivion, have intrinsic value, and are a safeguard against bankers counterfeit loans. Continue to keep the manufacture of Gold & Silver rounds by private mints & foundries to help keep the government mints honest.
Do not allow bankers and economists of the current system to con you into believing there isn't enough Metalic Money. There is a lot of the peoples Gold sitting in every Central Bank doing nothing. Monetise it now. You mix 1% gold, 99% copper or Nickle and you have Gold backed currency. Same with Silver & Nickle. Mint 10th ounce, 2 10ths, 5 10ths and 1 ounce. Or grams in similar increments. Never give it a 'value number,' which is a lie. Give it its weight & purity, and let the market decide what it will buy. Call it 'slow money," like 'slow food.' It's slower for sure, but it's 10 times better for you. We don't need a faster 'speed of money' if we aren't racing against inflation and unpayable debts & interest, and we dont need to live at 100 mph.
Probably necessary to nationalise mines & pay shareholders out in metals. We are aiming at a more just, more perfect union, and that requires we treat shareholders justly and make them whole while preserving a mining and exploration industry. So gently, thoughtfully, carefully on this one.
4th The World Bank and IMF are your friendly international arms of the Federal Reserve, who loan worthless US currency invented at zero cost to enslaved nations of people to purchase necessities, when their own commodities or worthless currency would do just as well. This ensures the indebtedness of nation's simply to survive.
Correct these 4 Principles and >80 % of a nation's problems would disappear.
Do not allow your masters the Debt slave creator's to tell you it can't be done. They are not seeking your best interests, but theirs. It is easily done within 3 years if a Global effort was made.
Beware. The FED, IMF, WEF wants you totally enslaved with Digital currency. Convert your garbage fiat currency into Gold and Silver or prepare for destruction. Come to think of it, you better prepare for destruction anyway.
The bankers motto is : 'Preserve your Capital at all costs.' The bankers are buying Gold. We the people can afford Silver.
Thanks! 👍 Ross is the best!
Thank you for this great interview!
Thank you!
Thanks Ross & Charlotte
Go Ross! Legend
“In October they removed all this tightening..”. This guy has no clue. Very good example that wisdom ultimately doesn’t come with age.
LEGEND!
Thanks EQX
GREAT! THANKS!
Should have asked him about PAAS/AEM taking out AUY.
Talked about M&A in general..
18:55
👍
yep
If you bought Equinox in 2018 you are up about $0.25 today..... What inning are we? lol
It’s been volatile for sure. Snatched some more up last week or two when it touched $2.50. More at $3.50. Down about 25%-30% as of today.
Ross is wrong when he says gold responds positively to inflation. That's not accurate.
Not a perfect correlation... but there have been periods in which gold has responded positively during periods of inflation.
@@userjoe4321 There are studies showing that gold has no correlation to inflation. It correlates to real interest rates. For example, gold does well in a low inflation environment if interest rates are below the rate of inflation.
@@baarbacoa People like Ross have long memories and remember how gold acted as a hedge against inflation in the 70s and 80s. Some studies have found that gold can be an effective inflation hedge, but only over a longer period of time. Different perspectives between younger and older investors and those who hold gold for long periods - insurance.
We can say with more certainty that crypto is not a hedge against inflation.
Where does Ross think the 200 million ounces of Silver will come from this year to make up the supply demand deficit?
That is the Elephant in the room
Predicting price without addressing this issue is a fool's errand
Our world has 4 fundamental practices that are problematic.
If we dont understand the causes we will address the symptoms or actors, not the causes.
1st. Large private & Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt, at interest. An increasing population needs an increase in currency, but it is ALL created as debt bearing interest.
This indebts the whole world, every person, every government, in totally unpayable debts, enslaving us all to bankers through personal debt or ever increasing oppressive and unjust taxation, permits, licences, rates, registrations, regulations, duties, fees, fines, levies, surcharges, adinfinitum, of which an increasing volume goes straight to the debt creators, who created it for free. (At zero cost to themselves.)
2nd. Virtually no limitation plus fractional and recirculating fiat currency allows banks to effectively create massive new Currency volumes as DEBT, blowing massive bubbles (in housing/stocks) which devalues everyone's wages, savings & pension by raising all prices. We call this inflation, but it's really devaluation. (Shrinkflation adds to our reduction and desolation. )
The fix ?
Go back to Sound Metalic Money and stop all banks and financial institutions loaning out more than they have on deposit, but further, DO NOT ALLOW ANYTHING BUT Metalic Money TO BE CALLED AN ASSET OR COLATERAL. Real Estate loans have been classified as collateral. This allows the bank to call the loan an asset, and sell it, or loan against it, which blows real estate bubbles. Today >80% of Bank loans are for Real Estate, 50 years ago > 80% was for industry.
Return currency creation to national treasury departments with a zero Inflation policy and set % levels for industry loans v home loans.
This will not create inflation like some bankers/economists would have you think. It is not WHO creates currency that drives the constant devaluation of your work & money, it is THE VOLUME per population/ productivity. The banks increased the base currency supply by over 65 % since March 2020 & 300% since 2008. This is multiplied as real estate bubbles lever up equity to underwrite new loans. You can't spend it off planet, and we've had no increase in population or productivity. How can this not devalue all our savings, wages and retirement funds by a similar % as it enters the economy ?
3rd. Fiat currency whether paper OR DIGITAL has no intrinsic value, thus it cannot be used as a long term store of value, particularly in an ever expanding fiat system and it is really only taxation and the 'legal currency' label attached that creates only (artificial) demand for fiat currency.
The fix ?
Return to Silver, Gold, Copper & Nickel currency, designated by weight, not cents/dollars. These will find their own local value. These can't be printed to oblivion, have intrinsic value, and are a safeguard against bankers counterfeit loans. Continue to keep the manufacture of Gold & Silver rounds by private mints & foundries to help keep the government mints honest.
Do not allow bankers and economists of the current system to con you into believing there isn't enough Metalic Money. There is a lot of the peoples Gold sitting in every Central Bank doing nothing. Monetise it now. You mix 1% gold, 99% copper or Nickle and you have Gold backed currency. Same with Silver & Nickle. Mint 10th ounce, 2 10ths, 5 10ths and 1 ounce. Or grams in similar increments. Never give it a 'value number,' which is a lie. Give it its weight & purity, and let the market decide what it will buy. Call it 'slow money," like 'slow food.' It's slower for sure, but it's 10 times better for you. We don't need a faster 'speed of money' if we aren't racing against inflation and unpayable debts & interest, and we dont need to live at 100 mph.
Probably necessary to nationalise mines & pay shareholders out in metals. We are aiming at a more just, more perfect union, and that requires we treat shareholders justly and make them whole while preserving a mining and exploration industry. So gently, thoughtfully, carefully on this one.
4th The World Bank and IMF are your friendly international arms of the Federal Reserve, who loan worthless US currency invented at zero cost to enslaved nations of people to purchase necessities, when their own commodities or worthless currency would do just as well. This ensures the indebtedness of nation's simply to survive.
Correct these 4 Principles and >80 % of a nation's problems would disappear.
Do not allow your masters the Debt slave creator's to tell you it can't be done. They are not seeking your best interests, but theirs. It is easily done within 3 years if a Global effort was made.
Beware. The FED, IMF, WEF wants you totally enslaved with Digital currency. Convert your garbage fiat currency into Gold and Silver or prepare for destruction. Come to think of it, you better prepare for destruction anyway.
The bankers motto is : 'Preserve your Capital at all costs.' The bankers are buying Gold. We the people can afford Silver.
Interesting guy. But he doesn't mention the suppression and corruption involved in the paper Gold price. His demand and production thesis is bang on, unfortunately Gold is "priced" fully decoupled from reality.
He probably doesn't subscribe to that narrative.
Charlotte looks like an auntie with her choice of clothing. She needs a new closet