Why $5,000 Gold is INEVITABLE, Why Billionaires Are Buying Gold, and Why he Likes These 5 Stocks
Greg Orrell, a gold fund manager who started managing money before I started existing, joined me on this episode of Real Money Talks to talk about gold, silver, his top gold stocks, and his top silver stocks, as well as why he doesn’t invest in platinum and palladium.
Additionally, we talked about why billionaires are now buying gold, and why $5,000 gold is inevitable - not a question of “if” but rather a question of “when”.
Most recently, other influential figures in the gold and silver business have been speaking out about gold’s sustained bull run this year.
Rick Rule, Michael Oliver, and Randy Smallwood believe this is not the end of this bull market in gold, but rather the beginning which could push gold to “crazy new highs”.
Rick Rule has gone as far as to say that we might see gold to $9,000USD soon.
Michael Oliver also sees gold going beyond $10,000.
Lawrence Lepard recently said that many silver miners will be ‘ten baggers’ as he sees silver going to $50 and beyond.
For a different view on gold than Rick Rule, Michael Oliver, Randy Smallwood, and Lawrence Lepard, watch this interview where Greg shares their optimism, although cautiously.
After my conversation with Greg, I was joined by 2 gold exploration companies for the CEO BBQ portion of this week’s Real Money Talks.
More specifically, this episode contains a:
Radisson Mining CEO Interview with Matt Mansons (TSX-V: RDS)
WestHaven Gold CEO Interview with Gareth Thomas
Radisson Mining is a gold exploration company focused on its 100% owned O’Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. The Bousquet-Cadillac mining camp has produced over 25 million ounces of gold over the last 100 years. The Project hosts the former O’Brien Mine, considered to have been Québec’s highest-grade gold producer during its production. Indicated Mineral Resources are estimated at 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au), with additional Inferred Mineral Resources estimated at 0.45 million ounces (1.62 million tonnes at 8.66 g/t Au).
Westhaven Gold is a gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada’s newest gold district, the Spences Bridge Gold Belt. Westhaven controls ~60,950 hectares (609.5 square kilometers) within four gold properties. The Shovelnose property is situated off a major highway, near power, rail, large producing mines, and within commuting distance from the city of Merritt, which translates into low-cost exploration.
VERY IMPORTANT WARNING:
THIS VIDEO SHOULD BE TREATED AS AN ADVERTISEMENT FOR RADISSON MINING, WHO HAS PAID FOR THE PRODUCTION OF THIS VIDEO.
NO QUESTIONS WERE EXCHANGED, AND NOBODY SAW THIS PRIOR TO ITS PUBLICATION.
This channel is a business that sells interview creation and publication services. There will always be a conflict of interest which means you can never rely on anything said herein.
The information provided herein is general & impersonal in nature and meant for entertainment purposes only. The viewer acknowledges and agrees that the information does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.
The host is not a licensed investment advisor. He is just another talking head on the internet. He might own shares of companies mentioned in this publication. Always assume he doesn't know much more than a potato does.
The mining & exploration space is among the riskiest sectors to invest in. The risk of anything mentioned in this publication is 100% loss of capital. If you don't read the official documents provided by the company on www.SedarPlus.ca, you will lose all of your money.
Timestamps:
00:00 - Intro
01:47 - Greg Orrell Interview
01:09:07 - Very important warning
01:13:16 - Radisson Mining CEO BBQ
02:16:52 - Westhaven Gold CEO BBQ
