Owning Ships & Gold to Beat Inflation

Frank Holmes, Dr. Quinton Hennigh and Michael Oliver are this week’s guests.

Frank Holmes has long been known for his gold and natural resource funds, all of which are expected to be useful hedges against inflation. Not only have central bankers triggered massive inflation into the global economy but government policies have also contributed greatly to inflation. As always during inflationary episodes there are winners and losers from rising prices. Frank has identified a new industry that appears to be a likely winner that being the shipping industry. In an effort to ward off notions of climate disaster, laws passed have caused shipping prices to explode leading to massive profits in that industry. So Frank has launched a third ETF under the U.S. Global umbrella, namely the U.S. Global Sea to Sky Cargo ETF. Frank will explain his bullish views on shipping and given his long term involvement in gold markets he will share his views on that market as well.

Quinton will join us to provide an update on Novo Resources. We will ask him how Novo will head toward profitable gold production following start up difficulties that have resulted in the company’s shares falling below US$1.00. Michael will provide his usual guidance on the direction of key markets. Are we gold bulls out of the woods yet or is there still more downside risk despite this being the greatest inflationary threat since the 1970s?

Frank Holmes bought a controlling interest in U.S. Global Investors in 1989 and has led the company, as CEO and CIO, to become a go-to destination for investors seeking exposure to gold, natural resources, emerging markets and more.

His award-winning CEO blog, Frank Talk, is one of the very first to appear in the world of finance. More than 40,000 investors subscribe to his weekly commentary in the Investor Alert newsletter. Frank is a regular commentator on top financial outlets like Bloomberg and Fox.

His frequent travels helped inspire him to launch the U.S. Global Jets ETF (JETS) in 2015, still the only ETF on the market that focuses on the global airline sector. He followed this up, in 2017, with the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), which provides investors exposure to precious metals miners.

Sign up for Frank Holmes' newsletter and see our YouTube page at www.usfunds.com. Follow @USFunds and @bulldogholmes on Twitter.

Dr. Quinton Hennigh is an economic geologist with 25 years of exploration experience, mainly gold related. Early in his career, he explored for major mining firms including Homestake Mining Company, Newcrest Mining Ltd and Newmont Mining Corporation. Dr. Hennigh joined the junior mining sector in 2007 and has been involved with a number of Canadian-listed gold companies including Gold Canyon Resources where he led exploration at the Springpole alkaline gold project near Red Lake Ontario, a 5-million ounce gold asset that was sold to First Mining Gold. In 2010, Dr. Hennigh helped start Novo Resources, now a gold producer, by assembling its Australian exploration portfolio. He is Geologic and Technical Advisor to Crescat Capital. Dr. Hennigh obtained a Ph.D. in Geology/Geochemistry from the Colorado School of Mines.

J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, NYC. He studied under David Johnson, head of Hutton’s Commodity Division and Chairman of the COMEX.

In the 1980’s Oliver began to develop his own momentum-based method of technical analysis. In 1987 Oliver, along with his futures client accounts (Oliver had trading POA) technically anticipated and captured the Crash. Oliver began to realize that his emergent momentum-structural-based tools should be further developed into a full analytic methodology.

In 1992 he was asked by the Financial VP and head of Wachovia Bank’s Trust Department to provide soft dollar research to Wachovia. Within a year Oliver shifted from brokerage to full-time technical research. MSA has provided its proprietary technical research services to financial and asset management clients continually since 1992. Oliver is the author of The New Libertarianism: Anarcho-Capitalism.

Audio Archives Jay's Media Center Miningstocks Newsletter About Jay

Jay Taylor

Taylor Hard Money Advisors, Inc

718-457-1426