Frank Giustra: China is now content to let gold move higher?
Frank Giustra - Twitter, Released on 4/4/23
I have been puzzled last few months as to why China started reporting its gold purchases after remaining silent since 2019, and why they were relatively small purchases.Perhaps they have as much gold as they need and are now content to let the price move higher? https://t.co/JHDth73KWP
- Frank Giustra (@Frank_Giustra) April 5, 2023
Frank Giustra is a Canadian business executive, who has been particularly successful in the mining and filmmaking industries, and is a noted philanthropist. Mr. Giustra started out as an assistant trader and then became a stockbroker at Merrill Lynch in his early career. He later went on to join Yorkton Securities, where he helped launch a new branch geared towards financing resource companies in Europe. He is now an advisor to major gold miner, Endeavour Mining Corporation. In the late 90's, he founded Lionsgate Entertainment - the company behind The Hunger Games and Michael Moore's Fahrenheit 9/11. The company had over $2 billion in revenue in 2013, and owns the rights to the hugely successful Twilight movie franchise and The Expendables series, among other big blockbuster titles. He is presently the CEO of Fiore Group. More information can be found at his website FrankGiustra.com.
Frank Giustra: China is now content to let gold move higher? added by Herman James on 04/05/2023View all posts by Herman James ?+'