Peter Boockvar, Chief Investment Officer of Bleakley Advisory Group, visits for the first time and Chris Taylor of Great Bear Resources will update us on the growth of that company’s tier-one gold discovery in Ontario. Quinton Hennigh will also provide an update on the production progress being made by Novo Resources’ Beatons Creek project.
After acknowledging that “indicators of economic activity and employment have strengthened” because of “progress on vaccinations and strong policy support,” the Fed remains firmly committed to the belief that while “inflation has risen,” it is “largely reflecting transitory factors.”
During the 1970s the Fed uttered similar comforting words only to watch the CPI soar well above 10%, leading to draconian 17% interest rates to avoid the American economy shooting off into double-digit rates of inflation. We will ask Peter whether he thinks dollar inflation is transitory and if not what that might mean for our markets. Your host expects to pass along at least one and possibly more junior exploration stories that he believes are likely to enrich investors in the next several months.