Meeting Overview The meeting was an investment webinar hosted by Peter Kraut, focusing on the topic of precious metals and the implications of inflation. Panelists discussed past predictions regarding inflation, interest rates, and the performance of precious metals, while also providing insights into the current economic outlook. Key Discussion Points - Review of previous predictions made by the panelists regarding inflation and market performance. - The Federal Reserve's actions on interest rates and their impact on inflation. - Performance of various assets: S&P, treasuries, gold, and commodities since the last panel. - The implications of rising inflation and potential stagflation on consumer behavior and market dynamics. - Insights from each panelist regarding the future outlook for inflation, debt, interest rates, and recession risks. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Further analysis of the macroeconomic conditions aff...
Daniel Barankin is the founding Chief Executive Officer of 6ix.
6ix is a financial technology company on a mission to unlock social mobility on a global scale by empowering anyone, from anywhere, to invest in anything.
In pursuit of that mission, from Jul 01, 2020, to date, 6ix.com powered 300+ virtual investment summits, attracting 65,000 registrations and 21,000 attendances from a community of more than 100,000 investors.
Daniel launched 6ix on Canada Day 2016 while studying philosophy, politics, anthropology, and other courses, at the University of Toronto, Trinity College.
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.
A former COO of Barrick Gold Corporation from 2015-2018, Mr. Williams is a global executive with an established track-record of value creation, pioneering and transformational leadership within the Mining Industry and other demanding assignments. Amongst other notable achievements, this helped Barrick deliver an 80% improvement in the company’s operating profit over his three years, and the total overhaul of the Company’s relationship with the Tanzanian Government following a breakdown of relations between a Barrick subsidiary and that government.
Formerly, the CEO of an African and Central Asian focused exploration business, and Non-Executive Director of Gem Diamonds PLC, he was also the Commanding Officer of the British Special Forces Regiment – the SAS. He is currently a Non-Executive Director of Trevali Mining Corporation, Chair of Trevali’s HSEC Committee and an advisor to mining companies facing complex operational, political or ESG challenges.
BSc Economics, University College London; MA Security Studies, Kings College London; MBA Cranfield University.
Speaker 1: Hello everyone, Speaker 1: welcome to today's investment webinar with Six.com. Speaker 1: I'm Peter Kraut, I'll be your host and moderator. Speaker 1: Today's topic is precious metals, the transitory Speaker 1: inflation Speaker 1: enigma, a look back. Speaker 1: We have 3 great panelists with us. We have Daniel Berankin, CEO and founder of Six.com, Speaker 1: Rick Van Ewinghuis, Speaker 1: President and CEO of Contango Ore, and Richard Williams, Executive Chairman, Bunker Hill Mining. Speaker 1: Welcome everyone. Speaker 2: Thank you. Good to be back. Speaker 1: So I think the Speaker 1: best way to proceed is I'd like to kind of set the stage by reviewing what Speaker 1: we talked about on the last panel with the same group. Speaker 1: This was back at the end of November last year. We all made predictions. I'd like to give a bit of a scorecard on how we did. Speaker 1: At the time, the Fed had finally Speaker 1: said that they would stop calling inflation transitory. Speaker 1: I think that was sort of the big news at the time. The Fed was saying that it would only raise rates by early Speaker 1: 2023 or late 2022. Speaker 1: 1 week later we were all gathered to discuss our thoughts and we addressed whether we thought precious metals would Speaker 1: act as a hedge against sky high inflation. And since then, Speaker 1: inflation has in fact Speaker 1: continued to soar to keep rising. Speaker 1: The Fed could no longer avoid Speaker 1: hiking rates. Speaker 1: They did start in fact as early as March and so went quickly from near 0 to 2.25 where we are right now Speaker 1: and since December the S&P is down 11% Speaker 1: 20-year treasuries are down 20% Speaker 1: gold is up about 1% commodities are up about 22% Speaker 1: and Speaker 1: we've had 2 con...
