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High Drama at the 2022 Capilano Golf Ladies Club Championship

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Mum asked me to caddy in the final round of the Ladies Club Championships at Capilano Golf & Country Club today. It didn’t go as planned. What happened next was a rollercoaster of emotions and a critical life lesson. Capilano is a storied 84 year old private course in West Vancouver's British Properties. My grandfather Reg joined in 1966 and we Humphreys have been grateful members since. Each year at the Ladies Championship event, the club's best women golfers of all ages compete for the lowest combined score over two days.  Shanny (we call our beloved mum by her first name) is in her 67th year, and has been a golf-freak since she picked up the game 25 years ago.  When my parents split in the late 1990s, Shan's first call was to Capilano which confirmed she could keep her application in progress despite no longer being married to a member. My siblings and I caught her obsession by osmosis. Golf is the thing we do together. These days, Shan is a considered a super senior...

Gold's Role in a Changing World Order: My New Interview with Frank Giustra

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Also: Frank’s Devastating Hyperinflation Experience, Building Gold Majors With Ian Telfer and The Famous Treasure Chest He Restored. China is “like a black hole where the gold goes in and never comes out,” says Frank Giustra, a major player in the mining industry and founder of Lionsgate Entertainment. As the largest producer and importer, Giustra believes China is under-reporting their gold reserves. “My guess is they are preparing themselves, as Russia is, to exit the US dollar system… to one where gold plays a role.” In an exclusive series of interviews with CEO.CA taped over a couple of days, Giustra says war in Europe is accelerating a bifurcation of the monetary system. Countries representing ~80% of the world’s population refused to condemn Russia for its Ukraine invasion despite pressure from the West. Meanwhile, global central banks have been selling dollars to stockpile gold. “Currency is being debased and inflation is out of control,” he says. Giustra believes CPI is manipul...

Carson Seabolt: Confessions of a Stock Operator

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His story is everyone’s dream. Carson Seabolt was a commercial fisherman who clawed out of bankruptcy to build a $50 million fortune in the stock market before age 40. A fearless investor and entrepreneur, Carson makes concentrated bets on the highest-risk companies. The results have been extraordinary, such as: • Co-founding K92 Mining, a $2 billion gold producer from an initial $2 million investment • Raising $43 million from billionaire @Chamath Palihapitiya, one of the world’s most recognized investors, for a medical technology company Carson is involved in, from a cold email • Befriending and betting big on billionaire mining legend Robert Friedland, who helped Carson double his fortune On Carson’s outrageous Instagram channel, he shares a stream of consciousness about life and markets that is like a Kardashian version of CNBC. Today is Carson’s 42nd birthday. On this day 8 years ago he received the call that changed his life. Now, he shares his incredible life story ...

Ten Things I Learned From Visionary Restauranteur Richard Jaffray

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Repost from 2018 on the news Richard is selling his Cactus stake after 34 years. Congrats, Richard! Richard Jaffray Richard Jaffray was living in a used Dodge Dart with a roommate when he first moved to Vancouver from Ontario soon after high school. He worked as a server to save money to open his first restaurant. Today, nearly thirty years later, Richard has created nearly thirty of the highest grossing restaurants in Canada under the Cactus Club Cafe brand. In an industry known for many failures (roughly two thirds of new restaurants will go out of business within three years), the success of Cactus Club has put enormous pressure on other Canadian restaurants to raise their standards. I know Richard through friends and have been enjoying his restaurant since I was a kid. He is an inspiring founder who is kind to everyone he comes into contact with.  Here are 10 lessons for entrepreneurs from Cactus Club CEO Richard Jaffray, updated from his 2015 BCBusiness Top 100 Interview : 1. ...

How One Man Came To Own 49% Of the World’s Largest Gold Miner

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In 1990, one man incredibly owned 49% of Newmont, the world’s largest gold mining company. He was one of the wealthiest and most charismatic capitalists who ever lived. This is Sir Jimmy Goldsmith’s unbelievable story: Jimmy Goldsmith was born into a family of prosperous outsiders. His ancestors took refuge from religious persecution at the turn of the 16th century in the Jewish ghetto of Frankfurt, Germany. Forbidden from marrying outside the ghetto, members of the Goldsmith family and the famous Rothchild family intermarried and went on to build European banking dynasties. By the early 1900’s the Goldsmith family was based at a plush estate in the UK called Cavenham.   Jimmy’s father Frank became a conservative MP from 1910 until 1918. Ostracised in England during WWI due to his family’s German origin, he accepted a foreign posting during the war and later settled in France where he became a prominent hotelier and father of two boys. Jimmy Goldsmith was born in Paris in 1933 with...

My Limited Howe Street Wisdom: Interviews of Tommy Humphreys

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April 22, 2022 - Tommy Humphreys on the Evolution of CEO.CA - Mining Stock Daily ( Link ) Sep 3, 2020 - Making and Keeping Millions from Mining Stocks with Tommy Humphreys (Mining Stock Education) May 25, 2020 - Behind Success Episode #1: Tommy Humphreys, Founder of CEO.ca (Matthew Nelson): Dec 3, 2019 - $5-$10 Million Companies Can Easily Become $50 Million (Daily Gold's Tenbagger Podcast): Nov 13, 2019 - For Investors in this Bull Market, 100 Baggers are Possible (Palisade Radio): Jan 13, 2017 - Date Your Mining Stocks, Don't Marry Them (Kitco News)

From Howe Street to the Big Time: Robert Friedland Celebrates 40 Years in Mining

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Robert Friedland shakes the hands of workers at the Kamoa Kakula mine in Feb 2014. Tommy Humphreys photo He’s the most celebrated mining entrepreneur alive but 40 years ago, Robert Friedland arrived in Vancouver, aged 34, with no contacts nor experience in mining. “You might say I literally entered the mining industry on my hands and knees,” Friedland told author Michael Caldwell. Crawling into an abandoned gold mine in Southern Oregon he was permanently bitten by the mining bug. “From that day on, I really knew what I wanted to do–had to do.” In mid 1982 Friedland floated Galactic Resources on the Vancouver Stock Exchange at 50 cents per share with no properties nor management. The stock hit $13.25 by 1984. For Galactic’s flagship asset, Friedland negotiated to acquire a 100 year old mining site in Colorado from ASARCO for $7 million before financing was in place. “The thing about Robert is he likes to see things finalized before he goes on to something else,” said Dr. William Bird, a...