Is Inflation Transitory?

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 provides 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. Peter opines on whether he thinks dollar inflation is transitory and if not what that might mean for our markets.

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Peter Boockvar is the Chief Investment Officer of Bleakley Advisory Group, a $3.5B wealth management firm. He is also Editor of The Boock Report. He previously was the Chief Market Analyst for The Lindsey Group, a macro economic and market research firm started by Larry Lindsey.

Peter’s market insights are frequently sought out by industry leaders and for several years he has been a regular guest host and contributor on CNBC programs. He is also regularly quoted in articles for Forbes, Barron’s, Bloomberg, CNN Money and a number of other news outlets. Peter graduated magna cum laude with a BBA in Finance from The George Washington University.

Chris Taylor is a structural and economic geologist and mining entrepreneur with over 20 years of experience with both producers and exploration companies. He is President and Director of Great Bear Resources Ltd since December 2010. He is currently Chairman of TSX.V listed Kodiak Copper and formerly a geologist with Imperial Metals, Inc., a TSXV company from 2004 to 2009. Mr. Taylor graduated with a Bachelor of Science honors degree in Earth Sciences in 2000, and a Master of Science degree in Structural Geology from Carleton University in 2003.

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 recently sold.  In 2010, Dr. Hennigh helped start Novo Resources and began assembling its Australian exploration portfolio. Dr. Hennigh obtained a Ph.D. in Geology/Geochemistry from the Colorado School of Mines.  Currently is also a Director for Cuya Silver Corp., Irving Resources, and Technical Advisor for Lion One Metals, Eskay Mining & others.

About Jay Taylor

Jay Taylor is editor of J Taylor's Gold, Energy & Tech Stocks newsletter. His interest in the role gold has played in U.S. monetary history led him to research gold and into analyzing and investing in junior gold shares. Currently he also hosts his own one-hour weekly radio show Turning Hard Times Into Good Times,” which features high profile guests who discuss leading economic issues of our day. The show also discusses investment opportunities primarily in the precious metals mining sector. He has been a guest on CNBC, Fox, Bloomberg and BNN and many mining conferences.