No, Inflation Is Not Rolling Over

David Stockman and Nicholas Rodway return. Peter Krauth, author of “The Great Silver Bull,” visits for the first time.

Much to the surprise of Western leaders, consumer inflation has reared its ugly head for the first time in a major way since the 1970s. At first, they wrote it off as transitory but that soon proved to be untrue. Now with a teeny weenie bit of credit tightening, stock and bond and commodity prices have fallen leading the same leaders to expect that inflation will soon be destroyed and we can return to a hyperinflated equity market that continues to make the top 1% even more absurdly rich while a growing number of the middle class slips into poverty.

Regarding the idea of slaying inflation, David stays, “no, inflation is not rolling over. He explains why the ruling elite will once again be disappointed and what ongoing inflation will mean for the markets. Regarding silver, a recent article declared that “retail investors have thrown in the towel on “poor man’s gold.” Peter provides his views on silver in light of an obvious capitulation on silver.

Might this be exactly the right time to think about buying that very depressed investment and/or an equally depressed sector, that being the junior gold share sector? One small cap junior explorer that appears on the verge of making a major discovery this summer is Core Assets Corp. Nicholas updates us on that company’s very exciting summer exploration program in the Yukon. 

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David Stockman was formerly a senior managing director of The Blackstone Group. Prior to joining Blackstone, Mr. Stockman was a managing director at Salomon Brothers, Inc. He served as the director of the Office of Management and Budget in the Reagan administration from 1981 to August 1985 and was the youngest Cabinet member of the twentieth century. From 1976 to 1981, Mr. Stockman represented Michigan in the House of Representatives.

 

Nicholas Rodway holds a Bachelor of Science Degree in geology from Memorial University of Newfoundland, a Masters Degree in Exploration and Mining Leadership from Queens University, and is a member of the Association of Engineers and Geoscientists of British Columbia.  He has worked intensively with publicly-traded companies for the past ten years, where he has played strategic roles in company building, financing, investor communications, property acquisitions, and project management. Most recently Mr. Rodway served as Founder and President of Exploits Gold Corp., a private company based in Vancouver that was purchased in mid 2020 by Exploits Discovery Corp., a publicly traded company listed on the Canadian Securities Exchange. Nick is still very involved with Exploits and sits on Exploits’ Advisory Board. Nick was also one of the founders of Core Assets Corp. and has been a director since December 2019. Mr. Rodway also serves as a director of Saville Resources Inc. and Rain City Resources. 

Peter Krauth is a former portfolio adviser and a 20-year veteran of the resource market, with special expertise in precious metals, mining and energy stocks. He is editor of two newsletters to help investors profit from metal market opportunities: Silver Stock Investor, www.silverstockinvestor.com and Gold Resource Investor, www.goldresourceinvestor.com.  In those letters Peter writes about what he is buying and selling; he takes no pay from companies for coverage. Peter has contributed numerous articles to Kitco.com, BNN Bloomberg, the Financial Post, Seeking Alpha, Streetwise Reports, Investing.com, TalkMarkets and Barchart, and he holds a Master of Business Administration from McGill University.  He is the author of “The Great Silver Bull” published in April 2022.

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.