Gold and Silver prices- the factors driving them higher

FSN Metals Update with David Morgan and John Doody

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Metals Update with David Morgan and John Doody

Dave Morgan- On the Financial Sense Newshour Metals Update this week, Jim Puplava welcomes back Dave Morgan. Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.

David considers himself a big-picture macroeconomist whose main job as education—educating people about honest money and the benefits of a sound financial system—and his second job as teaching people to be patient and have conviction in their investment holdings. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author having penned "Get the Skinny on Silver Investing" available as an e-book or through Amazon.com. As publisher of The Morgan Report, he has appeared on CNBC, Fox Business, and BNN in Canada. He has been interviewed by The Wall Street Journal, Futures Magazine, The Gold Report and numerous other publications.

This week Dave and Jim discuss silver drivers currently and take a look back at the top of the silver market in 1980. Dave is still bullish but advises not to chase silver at these levels.

John Doody PhD- On the Financial Sense Newshour Metals Update this week, Jim Puplava is joined by FSN regular John Doody to discuss the metals market. John Doody brings a unique perspective to gold stock analysis. With a BA in Economics from Columbia, an MBA in Finance from Boston University, where he also did his PhD-Economics course work, Doody has no formal “rock” studies beyond "Introductory Geology" at Columbia, taught by the University's School of Mines.

An Economics Professor for almost two decades, Doody became interested in gold due to an innate distrust of politicians. In order to serve those that elected them, politicians always try to get nine slices out of an eight slice pizza. How do they do this? They debase the currency via inflationary economic policies.

This week John and Jim talk about the factors driving gold prices higher, as well as the consequences of negative interest rates. John also discusses what the big gold companies are doing in the current environment. 

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About James J Puplava CFP