EP134: Betting on the Classics: Why Gold Could Be Your Best Investment

EP134: Betting on the Classics: Why Gold Could Be Your Best Investment - Jonathan Awde

In today's episode, we delve into the lustrous world of gold with the insights of Jonathan Awde, President and CEO of Dakota Gold. Jonathan sees gold not just as a glimmering metal but as a beacon of stability in tumultuous financial times. Amidst a strong dollar and rising rates, he predicts gold's growing significance in the global financial landscape, especially if the Fed pivots in its approach. Jonathan and I will discuss the enduring allure of gold over transient digital currencies, the wisdom he's drawn from influential books like "Reminiscences of a Stock Operator," the turbulent psychology of investing—fortified by lessons from the crypto market—and a personal story highlighting the invaluable teachings for his son through cryptocurrency investments.

Show Notes
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In this episode, you will learn

The challenges of mining including permitting processes and environmental impacts.
The psychological aspects of investing and lessons from the volatility in the crypto market.
The importance of community involvement and environmental responsibility in mining.

About Jonathan

Jonathan Awde is the President and CEO of Dakota Gold (public company on NYSE American: DC, ~$250M market cap), a South Dakota-based responsible gold exploration and development company he started with precious metals mining titan Robert Quartermain. Dakota Gold owns 46 thousand acres of mineral property surrounding the largest gold mine in U.S. history, the Homestake Mine.

Jonathan and Robert believe in the importance of management having skin in the game and being aligned with shareholders. They are two of the largest shareholders of Dakota Gold owning 8% and 7% respectively, and together with other members of management own 25% of the company. Jonathan has 15+ years experience in gold exploration and development and raised $600M+ for various investment opportunities in the gold industry during that period.

Previously, he was co-founder and President of Gold Standard Ventures, building the company's assets in Nevada up to feasibility stage before it was acquired in 2022 by a leading gold producer, Orla Mining for $188M.

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