Episode 85 - Discover How Royalties Can Be a Golden Opportunity

With current inflationary environment, how does gold provide an opportunity as an asset? Are there other ways to invest in gold other than owning it physically?

Join Mo Bina in this episode of the Purpose-Driven Wealth podcast as he talks with David Garofalo of Gold Royalty on the merits of investing in gold, understanding mining equity, and the merits of acquiring mining royalty. David is an industry leader in mining investments, and he and his board of managers have a combined industry experience of over 400 years.

Here’s what you will expect in this episode:
David’s background: 35 years in Mining
On central Banks increasing their gold reserves
On de-dollarization and the current inflation cycle
How can you participate in the gold rally?
Mining Equity vs Royalty
Different Types of mining companies.
Mining Equities and the leverage play
What is royalty, and its benefits?
The best mining jurisdictions in the world
On vetting potential investments
A very successful IPO and growth in revenue
The landscape of royalty space.
On ways to get royalties and rates of return

About David Garofalo:

David Garofalo has served as Chief Executive Officer, President and Chairman of the board of directors of the Gold Royalty since August 2020. He has worked in various leadership capacities in the natural resources sector over the last 30 years. Prior to joining Gold Royalty, he served as President, Chief Executive Officer and a director of Goldcorp Inc., a gold production company headquartered in Vancouver, until its sale to Newmont Corporation in April 2019. Prior to that, he served as President, Chief Executive Officer and a director of Hudbay Minerals Inc. from 2010 to 2015, where he presided over that company’s emergence as a leading metals producer. Previously, he held various senior executive positions with mining companies, including Senior Vice President, Finance and Chief Financial Officer and a director of Agnico-Eagle Limited from 1998 to 2010 and as treasurer and other various finance roles with Inmet Mining Corporation from 1990 to 1998. He was named Mining Person of the Year by The Northern Miner in 2012 and Canada’s Chief Financial Officer of the Year by Financial Executives International Canada in 2009. He holds a Bachelor of Commerce from the University of Toronto and is a Fellow of the Chartered Professional Accountants in Canada and a Certified Director of the Institute of Corporate Directors. He also serves on the board of directors of the Vancouver Board of Trade and the Vancouver Symphony Orchestra.

David Garofalo Links:

Website: https://goldroyalty.com/

Connect with Mo Bina on…
Website: https://www.high-risecapital.com/
YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured
Instagram: https://www.instagram.com/highrisecapital/
Medium: https://mobina.medium.com/

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