Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year

Investor Ideas at 2018 VRIC; Hear Thought Leaders on #ICOs and #Blockchain, #Mining and the Economy; @Cambridge

Frank Holmes of U.S. Global Investors and Chairman of HIVE Blockchain Technologies Ltd (TSX.V: #HIVE.V), Peter Schiff, President and CEO of Euro Pacific Capital, Amir Adnani of Uranium Energy Corp (NYSE: $UEC), Eric Fier, CEO and Director of SilverCrest Metals Inc. (TSX.V: $SIL.V) at VRIC

 

Point Roberts, WA and Delta, BC - January 24, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in top sectors including mining and precious metals with its Bitcoin and blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com issue audio and commentary from the recent Vancouver Resource Investment Conference.

The 2018 Vancouver Resource Investment Conference (VRIC), held at the Vancouver Convention Centre on January 21 and 22 in Vancouver, Canada, attracted over 8000 attendees, speakers and exhibitors meeting to explore 250 public and private resource and mining companies.

Among the more eagerly awaited speakers was Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors Inc., and Chairman of HIVE Blockchain Technologies Ltd (TSX.V: HIVE). Holmes's speech, titled "My Journey Thru the Blockchain and Cryptocurrency World", enthusiastically highlighted the emerging blockchain technology that underpins HIVE, and the shift happening in the investment community toward cryptocurrency and initial coin offerings (ICO's).

Listen to Audio Summary of Speakers at 2018 Vancouver Resource Investment Conference (VRIC): http://www.investorideas.com/Audio/Podcasts/012418-VRIC.mp3

Investor Ideas at 2018 VRIC - Frank Holmes Talks ICO's & HIVE Blockchain and Peter Schiff Talks Economy

Holmes said a part of the growth of ICO's was the change in values between his generation and young people today.

"There are more millennials than there are baby-boomers," he said. "The baby-boomers have all the capital, but the millennials have the technology. And their world, their values and beliefs are very different from ours. This is why the ICO's are growing rapidly and they are taking away a lot of money from junior mining. Last year $4 billion dollars went into these initial coin offerings (ICO's)."

Holmes also mentioned the speed and convenience of getting involved with cryptocurrencies and how it has led to greater flow of money in non-traditional investment models.

"It's so easy to open an account at Coinbase; like five minutes. It can take two days to open an account at Schwab," he said. "There's a big shift happening. Crowdfunding garnered $50 billion dollars last year outside of the normal securities market."

Holmes attributes the success of blockchain in part to Bitcoin, which he said was comparable to the impact of email.

"Bitcoin is like the email that woke up the internet," he said. "When the internet first came out it was basically a place for gambling and porn, and it was slow at both. And then all of a sudden along came email, with AOL, and everyone started using it. What Bitcoin is doing for blockchain is the same thing."

Another high profile speaker was Peter Schiff, President and CEO of Euro Pacific Capital, who had a more pessimistic speech titled, "The Real Financial Crisis is the one That's About to Hit."

Schiff burst the bubble of many investors by demonstrating the artificiality of the stock market boom and the U.S. economy under Trump.

"The economy has not improved under Trump," he said. "We don't have a booming economy. Trump keeps telling us we have a booming economy, but nothing is booming."

Schiff disputed the impact and validity of unemployment figures.

"Yes the unemployment rate keeps going down, but it was going down before Trump became president," he said. "The trends that have continued are the collapse of labour force participation and the proliferation of part-time jobs. In fact, real wage growth is actually lower."

Schiff said the tax cuts under Trump will not benefit the economy because government spending has not been reduced to correspond with lower budget.

"Are they going to grow the economy? No, because they didn't cut government spending," he said. "You don't get government for nothing. Taxes pay for government, but if you cut taxes and you don't cut government, how do you pay for that government? That's all we did with the Republican tax cuts. We decided to borrow the money instead of raise it with taxes."

Though there was a lot of talk about cryptocurrencies and blockchain, the conference was still dominated by resource and energy companies. Amir Adnani, founder and CEO of Uranium Energy Corp (NYSE: UEC), spoke about the increasing focus that the Trump government has placed on uranium, which the country still mostly has to import.

"This is about Trump having appointed Rick Perry, the former governor of Texas, the energy capital of the U.S., to lead the department of energy, and has given him a mandate to make the states more focused on this issue of uranium imports," he said. "Almost 98 percent of U.S. uranium requirements are being imported."

In anticipation of a healthier uranium market in the U.S., Adnani talked about his company's impressive assets and robust position to take advantage of any opportunities in the market.

"We look at the downturn in the uranium market as an acquisition opportunity," he said. "We're aggressively making acquisitions. After 13 years of building this company, today, our asset portfolio is diversified and large. We have 99 million pounds of uranium in the ground, 70 million pounds of vanadium, and the world's largest highest grade titanium deposit in Paraguay."

"If uranium prices go up tomorrow, we don't have a CAPEX to finance to build a processing plant. It's there, it's permitted for two million pounds per year."

In a workshop, Eric Fier, CEO and Director of SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) gave some background to the company's Las Chispas property in Mexico and brought investors up to date on its findings.

"The Las Chispas property historically started production in 1790 with the Spanish," he said. "It produced intermittently up to 1930. There was approximately 100,000 ounces of gold and a significant amount of silver. We didn't think we'd be finding such grades, but that's what we've been hitting over the last two years in our exploration program."

"This resource will be one of the highest grade silver to silver-gold, silver equivalent ratio in the industry."

By Samuel Mowers, Investor Ideas

About 2018 Vancouver Resource Investment Conference; @Cambridge

https://cambridgehouse.com/e/vancouver-resource-investment-conference-2018-69

SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) is a featured company on Investorideas.com

Visit profile page

Get News Alerts on SilverCrest Metals Inc.

About Investorideas.com - News that Inspires Big Ideas

www.Investorideas.com is a meeting place for global investors, featuring news, stock directories, video, podcasts, company profiles, interviews and more in leading sectors. Sectors we cover include tech (AI, drones, internet of things), payments, crypto and blockchain, biotech, mining, energy, renewable energy, water, marijuana and hemp stocks, food and beverage, defense and security (biometrics/cyber), Latin America, sports, entertainment, luxury brands and gaming.

Visit the Investorideas.com directory of publicly traded mining stocks at:

http://www.investorideas.com/Gold_Stocks/Stocks_List.asp

For a list of publicly traded blockchain stocks visit:

http://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp

More about our podcasts:

The Investorideas.com podcasts are also available on iTunes, Tunein, Stitcher, Spreaker.com, iHeart.com and Google Play Music.

Visit the Podcast page at Investorideas.com: http://www.investorideas.com/Audio/

Subscribe to Investorideas.com Podcast RSS:

http://www.investorideas.com/rss/feeds/Podcasts.xml

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: TSX-V : SIL is a paid PR, news and social media client on Investorideas.com

Contact Investorideas.com

800-665-0411

Amir Adnani, founder and CEO of Uranium Energy Corp (NYSE: UEC)

Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors Inc., and Chairman of HIVE Blockchain Technologies Ltd (TSX.V: HIVE)


Investorideas.com features content for Bitcoin, Blockchain and Digital Currency Stocks and ICO's at Cryptocurrencyinvestorideas.com, Blockchaininvestorideas.com and Investorideas.com

View our growing Bitcoin, Blockchain and Digital Currency Stocks Directory

http://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp

Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

Check out our crypto blog on blogger.com

https://cryptoandblockchainideas.blogspot.com/

Recently added - Bitcoinandblockchainstocks.com at http://www.bitcoinandblockchainstocks.com/