Pierre Lassonde Predictions
Co-founder of Franco Nevada, former President of Newmont Mining
Track Pierre Lassonde's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
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[5:00] back in October, you introduced this $17,250 price target... let's say that the Dow loses between now and 2030 30%. And then instead of one one, it's going to be 2:1 ratio. That's how you get to $17,250.
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[7:22] So you're going to see inflation by it was 3.8% last month in the US CPI, you're going to see four, you're going to see 4 and a.5%.
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[14:56] in the early phase of a recession, gold doesn't do well. It never does well simply because people have less money to spend. and governments have not started to spend, you know, the money yet to get the economy going. As soon as they start to, you know, print money, then gold does well again. But in the early phase of a recession, it doesn't... So, um I think that they will solve the issue. But in short term, the gold price can go down
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[15:45] Modi is on his knees. He's asking his resident. But what do you think they're going to, you know, think when your president tells you not to buy something? They're going to say, well, you know, he's going to depreciate our currency even more and it's going to have the complete total opposite effect. Okay? The demand for gold is going to go up.
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[40:03] The CPP is something like 34% invested in private equity. This is going to come and bite them in the rear end real bad at some point in time. And that some point in time may start to be now because too many private equities are not able to return money to their shareholders
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