EP 176 | Creating Wealth Through Investing in Base and Precious Metals with David Garofalo

The US dollar was built with a gold standard as its intrinsic value before it was decoupled. In this inflationary environment, a lot of investments lose a lot of their value over time, regardless of how much gain they have made. Now then, how about we take a closer look at gold where fiat currency was based on?


On this episode of the Passive Income Attorney Podcast, Seth is joined by David Garofalo of Gold Royalty Corp as they discuss about David’s mining business, the value of Gold over time, and the benefits of investing in mining equity.


“Gold gives you freedom from the insidious inflation. It doesn’t eat away at your savings and capital and frees you from the obligation of your government. Owning gold gives you freedom because it’s nobody’s obligation, nobody’s promise. “– David Garofalo



Here’s a breakdown of what to expect in this episode:

✅ Difference between base and precious metals

✅ Mining is also a real estate business.

✅ Striking parallels with the last big inflation cycle

✅ Gold is the one currency you can’t print.

✅ The benefit of buying a mining equity

✅ The dichotomy of investing in physical gold

✅ On responsible mining and carbon emissions

✅ Mining jurisdictions with rational legal framework

✅ Supply chain for EV needs robust mining.

✅ Why invest in gold?

✅ Best way to play gold in this environment.




David Garofalo has served as Chief Executive Officer, President, and Chairman of the board of directors of Gold Royalty since August 2020. Mr. Garofalo has worked in various leadership capacities in the natural resources sector over the last 30 years. Prior to joining the Company, he served as President, Chief Executive Officer, and 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 director of Hudbay Minerals Inc. from 2010 to 2015, where he presided over that company’s emergence as a leading metals producer



Website: https://goldroyalty.com/

Email: dgarofalo@goldroyalty.com

LinkedIn: https://www.linkedin.com/in/GoldRoyaltyCorp

LinkedIn: https://www.linkedin.com/in/David-Garofalo-FCPA-FCA-ICD.D

Twitter: https://twitter.com/GoldRoyaltyCorp




Seth Bradley is a real estate entrepreneur and an expert at creating passive income while working as a highly paid, busy professional. He’s closed billions of dollars in real estate transactions as an attorney and investor. He’s the Managing Partner of Law Capital Partners, a private equity firm focused on value-add real estate acquisitions and development. He’s a former big law attorney, most recently practicing in the real estate and securities department of a top 3 globally-ranked law firm. He’s also the host of the Passive Income Attorney Podcast, educating attorneys and other professionals on how to stop trading their time for money so that they can practice when they want to, not because they have to.



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