Next Week’s Guests

The Fed’s Fast-Approaching Dilemma and Yours

Alasdair Macleod, Quinton Hennigh and Michael Oliver return as guests on this week’s program.

On July 22, Alasdair wrote: “The problem fast approaching all major central banks is that a rise in interest rates will be brought forward by their misjudgment on price inflation, a development which will directly challenge the policy of deploying QE to support financial markets and sustain confidence in the economy. And with the end of zero official interest rates, to continue support for financial assets requires an increase in quantitative easing to compensate. In other words, the money being fed to investing institutions will have to be supplemented to prevent risk assets falling in value.” Alasdair believes we are on the eve of a massive currency destruction that mirrors that of the French Livre’s demise when the Mississippi Bubble collapsed in the early 1700s.

One investor named Cantillon who saw the destruction inevitably ahead provided clues as to how to avoid destruction from the dilemma we all face now. Alasdair will explain. Quinton will update us on Lion One’s high-grade, world-class alkaline gold exploration project and Michael will provide his latest momentum and structural analysis of key markets. 

Alasdair Macleod has a background as a stockbroker, banker and economist. He is a Senior Fellow at the GoldMoney Foundation and Head of Research at Goldmoney.  His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. His weekly articles written for GoldMoney are posted on his blog at goldmoney.com/research/goldmoney-insights Because of his deep insights into underlying market dynamics, Alasdair is one of the most frequent guests on Turning Hard Times into Good Times.

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. 

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 Kuya Silver Corp., Irving Resources, and Technical Advisor for Lion One Metals, Eskay Mining, Eloro Resources & others.

Previous Week’s Program and Guests

Surviving the Destruction of America

Dr. Roger Moss and Daby Carreras are first time guests and Peter Boockvar return as guests on this week’s program.

As CIO of a $3.5 billion fund, Peter closely watches macro economic conditions. Are the June 5.2% CPI & 7.3% PPI readings hinting at the start of a significant 1970s stagflation ahead of us? With the Fed painting itself into a corner so that it’s impossible to raise interest rates without triggering a financial market collapse, how will that impact our investment decisions? Peter will address those issues.

Meantime, Daby who is running for controller of NYC is focused on issues that impact the economics of American cities. He will explain why America is being destroyed from inside out and what he hopes to accomplish as NYC’s next controller. Of direct interest to those of you who invest in gold exploration companies that can generate huge percentage gains, Roger will explain the geological similarities of Labrador Gold’s Kingway project with the amazing next door discovery of the Queensway project.

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.

Roger Moss, President, Director and CEO of Labrador Gold Corp., is an exploration geologist with thirty years experience in Africa, Central and South America, Eastern Europe and Canada in a variety of geological environments. He was instrumental in finding the multi-million ounce Navachab gold deposit in Namibia. In addition to gold exploration in Namibia and Canada, Roger has worked Cu-Pb-Zn exploration in Canada and Mexico, and Cu and Au exploration in Canada, Peru, Colombia and Chile. His extensive research into hydrothermal ore deposits culminated in a Ph.D. in geology from the University of Toronto in 2000. He continues to share his interest and experience in ore deposits and mineral exploration with students as an adjunct professor in Mineral Engineering, University of Toronto.

Daby Carreras studied engineering and economics at Lehigh University. His professional experience includes work as a private wealth manager for Spartan Capital Securities LLC.

Daby Carreras (Republican Party, Save Our City Party) is running for election for New York City Comptroller. He is on the ballot in the general election on November 2, 2021.