| Viewing 2022 through the Eyes of Crescat Capital |
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Kevin Smith, Tavi Costa and Quinton Hennigh return as guests on this week’s program.
This episode of Turning Hard Times Into Good Times will focus on the macroeconomic views of Kevin Smith and Tavi Costa of Crescat Capital and the views of Dr. Quinton Hennigh regarding some of your host’s favorite gold and silver exploration stocks, including sponsors to this show. As Daniel DiMartino Booth noted, you can be 100% certain that in the new year the Fed will make a policy error because whatever it does, it will wreck havoc on the markets.
The Fed cannot raise rates because if it does, something like 20% of American companies, that are essentially being kept alive by way of low interest rates, will fail. So the Fed cannot raise rates. At the same time the Fed cannot not raise rates because the seeds of a massive inflation have been set in motion through outrageously permissive monetary and fiscal monetary policies.
But which of those two policy mistakes is the Fed likely to commit, or might they end up committing both as they try to thread the needle unsuccessfully? Those are important questions because they will have a profound impact on the direction of various markets.
Kevin and Tavi gave their views on the topics. Quinton provides updates on Eskay Mining, Eloro Resources, Firefox Gold, Hannan Metals, Labrador Gold Corp, Lion One Metals and Novo Resources. |
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