John Doody: Catalysts For The Next Gold Stock Rally−Rising Profits, More QE, Valuations
Not yet time to be “All In,” but getting close
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Jim is pleased to welcome back John Doody of the Gold Stock Analyst. John discusses the catalysts for the next gold stock rally, the Yamana takeover of Extorre, the disadvantages of GLD, and why John owns gold coins. As to silver, he believes it will ultimately be gold "on steroids."
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.