Welcome back to the channel everyone today, i want to talk about adam aaron's latest purchase, which combats inflation, expands, amc's offering and could be used to create an amc, crypto coin, backed by gold and silver, which could cause the squeeze so stay tuned. And let's make some money, and now i want to dive straight in with the key information, so adam aaron tweeted, saying amc is playing on the offense once again, with a bold diversification move we just purchased 22 percent of highcroft mining from northern nevada. He said it has 15 million ounces of gold resources and 600 million ounces of silver resources. Our expertise is to help them bolster their liquidity.

This was then followed by some rather suave looking photos of adam down at the mine now. Obviously, it is worth remembering that these 15 million ounces of gold and 600 million ounces of silver are still currently in the ground and need to be excavated and dug out, and i think it's worth noting that adam aaron has stood on a literal gold mine. The amc short sellers, however, are standing on a massive but worthless trillion dollar short bubble, that's going to pop at any moment being under pressure from the fed's countermeasures to inflation and quantitative easing now. Obviously, amc does still have billions of dollars worth of debt.

That still needs paying off, but if adam aaron can generate a larger return or a greater return in percentage terms from this investment compared to the interest that he's paying on the loans, it's obviously a profitable business move. The majority of amc's bonds and amc's loans are somewhere in the region of five to eight percent interest cost per year. If adam aaron can generate a 10 return on investment on an annual basis, it's a profitable business move and it also gives them a massive slice of gold and silver exposure and gold and silver equity. But just how big could this potential slice of equity really be? 13 doughnuts has done the calculation and said if i did my math correctly, amc's 22 of hymc in potential resources owned within the land can be valued at around 9.5 billion dollars, minus overhead or operating costs and mining costs.

If we take the 15 billion ounces, the mine holds multiply that by 1 900 per ounce. The gold price gives you 28.5 billion dollars worth of gold. Adam aaron holds 22 of that, which is around 6.27 billion dollars worth of gold. That adam aaron now owns.

Now. Obviously it will take time and it would also take money to reach all of that gold and therefore it's not 6.2 billion dollars worth of pure profits, but total gold values of 6.2 billion dollars. And again, if we take the 600 million ounces of silver multiply, that by 24.82 per ounce of silver gives you 14.8 billion dollars again. 22 of that is 3.276 billion dollars worth of silver.

That adam aaron now holds now adding the two of those together is 9.5 billion dollars worth of gold and silver assets, obviously, is going to take time and money for adam aaron and the mining company to get their hands on those assets. But it's a very profitable venture by the sounds of it, but there could also be an ulterior motive as to why adam aaron purchased. These shares in hymc hymc is a very heavily shorted company and therefore, by purchasing these shares and causing the price to basically double adam aaron has caused those shorts, more pain, nate tweeted, saying i see what you did there adam look at what the shorts did to Hymc last friday, now, they're stuck not only covering the shorts, but a ton of retail is also jumping on board driving the price up. Further last week, tons and tons of new shorts jumped on board somewhere between the 28 cent and 1.50 region.

Today, at some points, hymc was trading nearly at three dollars per share. Therefore, today the shorts were down somewhere between 50 and like 90 percent of their overall investment. Therefore adam aaron is causing the shorts to hurt even more now guys. Many of you may not have a lot of confidence in the stock market at the moment.

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So you can continue to accumulate more and more there's, also no annual fee and no foreign transaction fee. But the card is currently only available in the us, so guys be sure to sign up to block for using the link in the description below to get up to 250 dollars in free bitcoin and inspector biggms tweeted saying now i told you all about a crash. You've got the sec, giving out recommendations and warnings on current margin levels and to combat that inflation, adam aaron bought gold, and he says remember when i told you to prepare adam aaron must have been listening and has prepared for that inflation well and adam aaron said Our strategic investment being announced today is the result of us having identified a company in an unrelated industry. That appears to be just like amc of a year ago.

He said it too has rock-solid assets, but for a variety of reasons, like naked short selling, it's been facing a severe and immediate liquidity issue. He said. As a result, its share price has been knocked low. We are confident that our involvement can greatly help it to surmount its challenges, to its benefit and to ours.

Basically, adam aaron is planning to come in and help squeeze another company to drive the overall entire mother of all short squeezes, but right on time, edward tweeted saying the sec is corrupt, amc acquires 22 percent of hymc and that stock traded multiple times its entire float. In one singular day, hymc has a free float of 59 million shares with a total market cap and dollar value of 94 million dollars. It's got 59 million shares, but yet today it traded over 242.8 million shares almost five times its entire market capitalization of shares. That goes to show just how many synthetic shares have been purchased.

If retail investors can purchase million shares in a single a day in a stock that only has a float of 60 million shares now. Obviously, all of these shares aren't going to be purchase. Orders there's many purchases, sales, repurchases and resales in there from all the day traders, but i imagine, there's a significant number of retail investors and institutional investors that have purchased this stock for the long term. I believe this stock also has something like 80 institutional ownership and therefore that's basically 80 of the float that wouldn't have been selling its shares.

Therefore, the majority of this 240 million shares of volume came from the remaining 20 of the float theoretically ak. Around 12 million shares now rocket has brought up a very, very interesting point and said: can adam aaron do an amc, crypto coin, backed by the gold mine? If you're not too familiar on gold back kryptos, it says with pax gold outperforming tether gold and even bitcoin. The market cap of gold, backed crypto tokens, has increased by 60 percent so far this year, surprising a billion dollars for the first time now. The interesting thing is this gives adam aaron a genuine business reason as to why amc should create an amc cryptocurrency backed by gold.

It's a genuine business reason because creating a gold backed cryptocurrency is now profitable and the market capitalization and the overall market for gold, backed cryptos, is increasing. A gold-backed crypto is a crypto that isn't just created and sold on, hoping that people buy and sell. More of that crypto driving the price, it's a crypto, that's actually underpinned by something tangible. On one hand, you've got securities like bitcoin, which technically aren't underpinned by anything tangible and, on the other hand, you've got securities like amc, which is underpinned by an entire cinema chain.

This effectively gives crypto, which usually isn't underpinned by anything tangible, a tangible underpinning to help keep the price of that crypto fairly stable and again. This just gives adam aaron a genuine business reason as to why he should create an amc, crypto coin and gift an amc. Crypto coin, to every single amc shareholder in the ratio of one crypto coin, for every one share held issuing a crypto coin. Gift in this way would absolutely cause the short squeeze, as obviously there can only be 513 million crypto coins created, because that's the true amc float and they would need to be distributed to every shareholder.

Therefore, the shorts would need to cover and buy back those shorts to make sure the numbers line up. Obviously, amc couldn't create 513 million crypto coins and distribute that to the currently 2.5 billion amc shares that are held, and that's why the shorts need to cover something else that i found very very interesting. That absolutely could suggest that adam aaron plans to create an amc. Crypto coin, with the exact same float and market cap as the amc stock is the fact that amc share in hymc is worth around 9.5 billion dollars, less costs, which could be exactly 7.48 billion dollars, which is the value of the amc market cap adam aaron, has Around 7.48 billion dollars worth of gold and silver currently sat in the ground, around 9.5 billion to be exact before costs.

All adam aaron now has to do is create an amc, crypto coin, with a float of around 513 million tokens and a total market cap of around 7.48 billion dollars, guys be sure to. Let me know down in the comments below what you think about adam aaron. Creating an amc crypto backed by gold and whether you think this could cause the short squeeze and, as always guys if you enjoyed this video, be sure to check out some of my others. Alternatively, subscribe to the channel and do the notification bell, because that way, you'll be alerted.

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