Lassonde is well known in the international mining community and north american capital markets, he is currently chairman of franconevada nyse. The recent decline in the gold price has sent a few tremors through the gold bugs of the world, though it may be nothing to worry about this is the view of pierre lassonde, one of the major players in the gold mining industry, and the current chairman of franconevada, who was interviewed recently by eric king in an excellent 14minute radio piece. Cxb the company or calibre is pleased to announce that mr. He is pierre lassonde, in 1982 he teamed up with fellow gold bug seymour schulich to create a cash generating royalty company based on the model used by the oil and gas industry, but in stead they focused on. Pierre lassonde revolutionized investing with the creation of the first gold royalty company. In this interview with the gold report, this director. Gem of an interview with pierre lassonde humble, disarming and forthcoming on his views. Mining legend pierre lassonde says we are in the second. Pierre lassonde is one of the doyens of the gold mining sector and an eternal optimist on the future of the gold price. He is past chair of the world gold council, author of the gold book and has. Pierre lassonde plans to stay active in mining after retiring from. It is fitting that your first piece is the pierre lassonde interview.
Pierre lassonde has come a long way since attending the university of utah in 1971 to pursue an mba degree while his late wife claudette mackaylassonde studied nuclear engineering. Looking ahead 30 years, pierre believes the yellow metal could average. Lassonde video interview, and in the interview he reiterated his long term view that gold could achieve parity with the dow within 25 years. Legend pierre lassonde says price of gold to skyrocket. He is past chair of the world gold council, author of the gold book and has served on many mining boards and industry committees and is recognized for his philanthropy. What have been the biggest changes in gold investment since then. Interesting interview with a great investor, pierre lassonde. The first biggest change is the development of gold exchangetraded funds. Pierre lassonde current chairman of franco nevada he was president of newmont mining corporation from 2002 to 2006 and prior to that from 1982 to 2002 was a cofounder and coceo of the original franconevada.
He is the cofounder and chairman of franconevada corp. Few people have achieved more success in the mining business than pierre lassonde. Our videos feature interviews with prominent industry figures to bring you. Lassonde served as chairman of the world gold council from 2005 to 2009.
In addition, lassonde authored in 1990 the gold book. Franconevada chairman and canadian mining hall of fame inductee pierre lassonde shares his views on the dow vs. With over 25 years of experience in the mining and investment business, pierre is one of canadas leading gold analysts and is the author of the gold book, the complete investment guide to precious metals. Much of that gold ended up as collateral in backtoback loans, commodity loans. The canadian native has since become a millionaire, one of the most famous gold investors in the world. Overcome nerves, give brilliant answers and win job offers. In this interview with the gold report, this director and former chairman of the. The first biggest change is the development of gold exchangetraded funds etfs.
For investors this strategy has paid off golden returns. Pierre lassonde is president of newmont mining, the worlds largest gold producer, a role he assumed in 2002 following the merger of. I think gold is in a good place, pierre lassonde, cofounder of franconevada, said last week at the denver gold forum. Watch video interview with our founder, pierre lassonde. He made his money in a flat to declining market gold market, but the gold he really discovered was the royalty business. Index, this according to pierre lassonde, chairman of franco nevada. Get gold says rich dad, poor dads robert kiyosaki kitco news duration. In this interview with the gold report, this director and former chairman of the world gold council discusses the significance of the shift in. About pierre lassonde lassonde entrepreneur institute university. Pierre lassonde increases ownership in calibre mining inn. He understands the plight of the juniors and the many influences on golds behavior.
Founding donor pierre lassonde is the founding donor of the school that bears his name. Three decades later, he is as confident in this model as ever, especially considering the difficulties of the majors in discovering large, highgrade reserves. Pierre lassonde is interviewed by northern miner publisher anthony vaccaro at. Franconevadas pierre lassonde interview highlights. The complete investment guide to precious metals in 1990. In 1982, he cofounded, franconevada corporation, the first publicly traded gold royalty company. The biggest change is the development of gold exchangetraded funds etfs. This week, we take a look at buying in new gold inc. Pierre lassonde is one of the doyens of the gold mining sector and an. This interview was conducted by kevin michael grace of the gold report. He established the lassonde institute for engineering and geoscience at the univ. About pierre lassonde lassonde entrepreneur institute. Pierre also discusses the dowgold ratio and how this has helped investors know when to buy and when to sell.
Pierre lassondes presentation from the spring 2016 grants conference titled, gold. Lassonde is an active and engaged philanthropist in both canada and the united states in the fields of education, the arts and the community in which he lives. Designated a professional engineer by the association of profession engineers of ontario and a cfa by the university of virginia, he was granted a bachelor of science by ecole polytechnic of. The most powerful business model ever created real vision. Franconevada chairman pierre lassonde discusses the succession plan at the company and his reflections on the industry. He taps gold in the quartz wall of a mine, it bursts, and a month later, the mine. Lassonde was recently interviewed by daniela cambone of. Audio interview legend pierre lassonde just predicted the. Pierre lassonde gold stock analysts investor day duration. Pierre lassonde is recognized among the best mining and precious metals experts in the country. Pierre lassonde, veteran gold analyst, cofounder and chairman of franco nevada mining corp. Pierre lassonde buying at orla mining ola canadian insider.
Last year, however, the growth was more like 2% or 2. They began in 2004 and went from zero all the way up to over 2,650 tons of gold. Competency based interviews made easy with our expert online interview training. Lassonde also discusses at length why the goldroyalty model he invented in the 1980s. Pierre lassonde has made wideranging contributions as a successful businessperson, philanthropist, community leader, and supporter of mining education and research. As a veteran gold analyst, cofounderchairman of franco nevada mining corp. For more than a decade, each 1% growth in gdp resulted in 1. After gold s strong price move at the start of the year, pierre lassonde, chairman of franconevada corp. The gold book by pierre lassonde, 1990, penguin edition, in english. They began in 2004 and went from zero all the way up to over 2,650 tons of. The father of the gold royalty model, and an art collector, and a philanthropist and a fan of very fast cars.
A german newspaper just published one of the most important things on gold youll read all year. Pierre lassonde is a director of the world gold council and was its chairman from 2005. Im surprised a little that kiril didnt play devils advocate, in his genial way, on gld given skepticism versus physical he has voiced in the past if were expecting supply chain disruption generally, then gold wouldnt be an exception and then the dynamics of the spread between physical and paper gold. Orla mining is in the gold sub industry group under the basic materials sector. The savvy canadian is the cofounder and chairman of toronto based franconevada fnv 159. Pierre lassonde, chairman of franconevada corporation fnv and former chairman of the world gold council, tells financial sense newshour that gold is at a tipping point with china a key decider in which direction it goes. Industry veteran buys at new gold the globe and mail.
The gold book paperback january 1, 1994 by pierre lassonde author see all formats and editions hide other formats and editions. Lassonde is arguably the greatest company builder in the history of the mining sector. Its an interview with pierre lassonde, one of the smartest guys in mining. Interview by kevin michael grace of the gold report. Gold demand diversity and growth 20062015 global growth in consumer demand. The canadian native has since become a millionaire, one of the most famous gold investors in the world, and one of the biggest. The gold book is a comprehensive guide for every investor, whether your buying a few coins or plunging into the world of gold mining stocks. Legend pierre lassonde discusses the panic in the gold. The investment you never knew pierre lassonde slides. Pierre lassonde is a director of the world gold council and was its chairman from 2005 to 2009. Pierre is the billionaire founder of top mining royalty firm franconevada. Big money pouring into gold and miners from king world news on the heels of the recent carnage in the gold and silver markets, today legend pierre lassonde spoke with king world news about what is happening behind the scenes that is going to be a massive gamechanger for the gold market. A leading gold analyst with over 25 years of experience in the mining and investment business and cofounder of franconevada corporation, mr.
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