Recently Mike delivered a presentation to the New York Chapter of the SME which takes a renewed look at the inflation/deflation debate and its effects on natural resources. He tackles topics such as negative interest rates, "helicopter drops", Central Banker potential to reignite growth, currency implications, some preferred commodities, and most importantly the verdict which calls for deflationary forces to predominate before inflation, again, rears its ugly head.
In either event, gold and silver should benefit from the forthcoming extraordinary central banking programs to stimulate escape velocity growth and hit the Feds long sought inflation target. He argues that diversification into gold and silver exposure is an appropriate risk management investment policy.
Dr. Michael Berry
Co-Editor of Disruptive Discovery Journal
Michael Berry was born in Colombia, raised in Canada and has now lived in the US for many years. After earning a Ph.D. from Arizona State University (specializing in investment finance), he was a professor at the Colgate Darden Graduate School of Business Administration at the University of Virginia. He followed winning the Wheat First Endowed Chair at James Madison University in Harrisonburg, Virginia. Over time his career evolved into managing small and mid cap value portfolios for Kemper Scudder and Milwaukee based Heartland Advisors. During the past 8 years he has been a guest lecturer at the Federal Reserve twice each year and in 2010 he testified to U.S. Congress on natural resource policy, specifically strategic mineral supply chain development.