Gold and Silver Price is Being 'Managed' But They're Losing Control: John Lee

1 year ago
13

CEO of Silver Elephant Mining (TSX: ELEF | OTCQX: SILEF) John Lee describes how the precious metals market is manipulated and why the traditional methods of managing the gold and silver price are starting to break down. John also dives into the trend of dedollarisation and gives his view on if the dollar's status as the reserve currency is at risk.

Watch Part 2 of the interview: https://youtu.be/FS4hlmDdzns

Silver Elephant Mining Website: https://www.silverelef.com
Follow Silver Elephant on Twitter: https://twitter.com/SilverElMining

Silver Elephant Mining Corp. is a premier silver mining company listed on the Toronto Stock Exchange with approximately 25.5 million shares outstanding. The company’s flagship Pulacayo silver project in Bolivia is one of the world's largest with an estimated 107 million ounce Indicated silver resource. Pulacayo has received over $40 million in investment in recent years.

John Lee is CEO and Executive Chairman of Silver Elephant Mining Corp. Mr. Lee specializes in mining M&A and has raised over $150 million through the TSX and TSX Venture Exchange for junior companies since 2009. Mr. Lee identified, negotiated and financed Lynn Lake nickel acquisition in 2009, Ulaan Ovoo coal in 2010, Wellgreen nickel-pgm in 2011, Shakespeare nickel-pgm in 2012, Pulacayo silver in 2015, Gibellini vanadium in 2017, Bisoni vanadium in 2020, and Minago nickel-pgm in 2021. Mr. Lee is a CFA charterholder and graduated from Rice University with bachelor’s degrees in Economics and Engineering (with honors).

Disclaimer: Commodity Culture was compensated by Silver Elephant Mining for producing this interview. Nothing contained in this video is to be construed as investment advice, do you own due diligence.

Follow Jesse Day on Twitter: https://twitter.com/jessebday

Cautionary Note Regarding Forward-Looking Statements and Reader Advisory

Certain statements contained in this video, including, but not limited to, statements with respect to the debt settlements, the terms of the debt settlements, and the completion of the debt settlements, among other things, and statements which may contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “targets”, or similar expressions, and statements related to matters which are not historical facts, are forward-looking information within the meaning of applicable securities laws. Such forward-looking statements, which reflect management’s expectations regarding either of Silver Elephant’s future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements.

These factors should be considered carefully, and readers should not place undue reliance on Silver Elephant’s forward-looking statements. Silver Elephant believes that the expectations reflected in the forward-looking statements contained in this video incorporated by reference herein are reasonable based on information available to it, but no assurance can be given that these expectations will prove to be correct. In addition, although Silver Elephant has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Silver Elephant undertakes no obligation to release publicly any future revisions to forward-looking statements to reflect events or circumstances after the date of the release of this video or to reflect the occurrence of unanticipated events, except as expressly required by law.

00:00 Introduction
00:30 The John Lee Origin Story
04:36 Main Tailwinds for Gold & Silver
10:46 Gold & Silver Price Manipulation
18:40 Is the US Dollar Hegemony Ending?

#gold #silver #preciousmetals

Loading comments...