![AMC Entertainment’s Hycroft Mining Stake Is a Brilliant “New Gold Rush” Play as Western Sanctions on Russia Lay Bare the Futility of Sovereign Fiat Reserves](https://i.comentr.com/dTbm1-QPy9ji9JVhYISHKPxoawc_tam.jpg)
AMC Entertainment’s Hycroft Mining Stake Is a Brilliant “New Gold Rush” Play as Western Sanctions on Russia Lay Bare the Futility of Sovereign Fiat Reserves
https://wccftech.com/amc-entertainment-hycroft-mining-stake-is-a-brilliant-new-gold-rush-play-as-western-sanctions-on-russia-lay-bare-the-futility-of-sovereign-fiat-reserves/
AMC Entertainment (NYSE:AMC), the erstwhile financially distressed movie theater chain that is currently experiencing a revival of fortunes, just made a wildly audacious move, one that places the company in an enviable position to capture the monetary windfall that might result from a global rewrite of rules around sovereign fiat reserves.
AMC is playing on offense again with a bold diversification move. We just purchased 22% of Hycroft Mining (NASDAQ: HYMC) of northern Nevada. It has 15 million ounces of gold resources! And 600 million ounces of silver resources! Our expertise to help them bolster their liquidity. pic.twitter.com/LihqZguwnd