Pinpointing Scams in the Gold Mining Industry (w/ Warren Irwin and Max Wiethe)

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.1 • 1.1K Ratings

🗓️ 3 January 2021

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Recorded on 17 August 2020. It's no secret that as of late, precious metals have become the talk of the town. Gold recently blasted through its all time high, while silver continues its seemingly unstoppable run. With so much excitement surrounding the two metals, however, one must exercise extreme caution and discipline when choosing a way to gain exposure since not all assets are cut from the same cloth --particularly when it comes to the mining sector. On this segment of Real Vision Live, we bring you an individual that is well versed on the matter as he managed to turn $250k into several million by investing in a mining company that turned out to be a scam. Ultimately, he sold and immediately shorted the stock, which in turn allowed him to benefit from both the rise and fall. Warren Irwin, President and CIO at Rosseau Asset Management, will be joining Max Wiethe to discuss the nature of scams in the mining space and how to go about choosing the right companies to take part in what many believe could be the beginning of a bull market in precious metals. List of things to watch out for when investing in junior miners: https://rvtv.io/31oGWT9 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Relax.
0:02.0	Let the fact that you've woken up to a cold shower just wash over you.
0:09.0	With British Gas Home Care cover, you can get your boiler repaired again and again, and an annual service is included too.
0:18.6	Repeat our mantra.
0:21.6	Home Care.
0:25.0	Such British Gas Home Care Cover, see website for terms. Hello everyone. Welcome to Real Vision Live. For Real Vision, I'm
0:43.0	Max Wiete. I'm joined today by Warren Irwin, founder and
0:46.2	CIO of Rosso Asset Management, a fund based out of Canada that focuses on
0:50.6	natural resources investing.
0:52.5	Warren's regularly on the list of top performing hedge funds,
0:55.4	and he came very highly recommended
0:57.0	as somebody who we should talk to this week
0:59.0	about the precious metals mining space.
1:00.9	Warren, thanks so much for joining us.
1:02.6	Oh, thanks for having me, Max.
1:04.3	Well, we got to have a sort of pre-interview conversation
1:08.8	talking about mining and miners in general, and I thought your perspective was really refreshing as somebody who recognizes
1:17.2	The benefits of investing in precious metals miners but as well recognize that there are a lot of pitfalls and the same sorts of things that
1:25.1	plague financing companies in general are rampant in the precious metals mining space.
1:31.9	So we're going to be talking a little bit about the
1:33.9	the bright side and the dark side of mining. Oh great great so maybe what we
1:39.2	could do is would you want a quick introduction for myself is why some of your listeners may want to listen to me and perhaps I
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.