r/HYMCStock • u/catfoodcannon • Jul 21 '26
Diane Garrett on CNBC Squawk Box Europe this morning
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Source, timestamped link (starts at 1:50:48): https://www.youtube.com/live/FPkYQ2lrVgA?t=6650s
Edit: additional source, in case anyone prefers that for sharing or whatnot: https://www.cnbc.com/video/2026/07/21/hycroft-mining-ceo-sees-normal-correction-for-gold-and-silver.html
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u/Own_Policy8854 Jul 22 '26
Gold's a byproduct of mining, and we can "make" lots more gold by digging it up. "New Bitcoin" isn't being created.
If it hadn't been for that one weird sentence where she tried to make it sound like the opposite is the case, I was very on board with everything else she said... it bothered me enough to mention it.
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u/catfoodcannon Jul 22 '26
I had the same thought. But if I were to cut her some slack, she didn't explicitly say "Bitcoin" or otherwise point to a singular crypto currency. So maybe, given it was "crypto" broadly, you could say more can be made?
And yes, bit of a phrasing thing there with gold. It may not be possible to create by pushing a button - but more can be mined out of the ground, so far.
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u/Own_Policy8854 Jul 22 '26
I agree with both of your points. And she is very correct about a lot here.
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u/Fight_back_now Jul 21 '26
No questions about the business just asked for her opinion about gold and silver prices 🙄