There will not be much deflation in commodities…
John Hathaway interviewed by Jason Burack of Wall St For Main St
John Hathaway is a Chartered Financial Analyst and he ran the top gold stock fund, the Tocqueville Gold Fund, for many years and has over 50 years of experience working on Wall St and managing people’s money as a portfolio manager.
He is currently a managing Director at Sprott Inc and a Senior Portfolio Manager at Sprott Asset Management USA.
During this 40+ minute article Jason asks John Hathaway about the Fed is out of good options and why there will not be much deflation in commodities and costs for miners. John cites much higher labor costs in addition to energy and electricity costs.
According to John, it is over 30% cheaper for a larger gold miner to buy a producing gold mine than to build a new gold mine from scratch.
Over 200 articles, audio podcasts & interviews with experts exclusive for Patrons with 71 new articles & audio podcasts out in the last 49 weeks! Plus, you are helping keep the free content free so it doesn’t all end up behind a paywall. One of the best deals in the research space for only $5 per month! Come and join the almost 900 Patrons chipping in each month over on Patreon behind the paywall! Go to Patreon dot com slash wallstformainst or http://www.patreon.com/wallstformainst