Financial Sense Newshour: Experts
John Doody of the Gold Stock Analyst joins Jim Puplava this week to discuss the gold stocks. John believes they are undervalued and could double in price from here, given the expected arrival of QE3 later this year. John also mentions that traditional seasonal weakness in gold stocks isn’t always valid as last summer saw price rises in many gold stocks.
The Future of Social Media and the Internet
Lee Rainie, Director at Pew Internet & American Life Project, on how our lives will change
John Ing, President and CEO of Maison Placements Canada, believes that all roads lead to gold and that gold stocks are undervalued versus gold bullion. Ing believes that either gold stocks will move higher, or a price correction for gold bullion is coming. Ing also notes that the large gold mining companies will have to start paying dividends and stop diluting their shares if they want to grow shareholder value. Longer term, Ing sees $2,000 gold.
Matt Millar: Evil Speculators and the Story of IDIOT Capital Management
It's supply and demand, stupid
Jim Puplava and Neil Howe of Life Course Associates discuss the influence of social media and technology on politics and industry as well as the millennial generation and its influence on society and politics.
David Morgan from the Morgan Report talks about the 16:1 gold to silver ratio fallacy and why we see silver margin requirements imposed. And Chris Vermeulen, Founder of the popular trading site GoldAndOilGuy.com, indicates that silver is still consolidating, with the possibility of one more down draft.
Jim Puplava and Joseph Dancy, Professor at SMU School of Law and Manager of LSGI Technology Venture Fund LP, discuss the convergence of statistics and factors--recent IEA crude demand estimates, Libyan and Yemeni oil offline, China and Russia prohibiting diesel exports, and efforts to control inflation--that are likely to lead to higher oil prices later this year.