The Silver Guru tells Silver Doctors that gold may see more short term weakness ahead. However, David says that if any two of the black swans flying overhead crash into each other, the price of gold could surge much higher, almost overnight…
Gold and silver fell this week. Eric Dubin says the Fed’s balance sheet normalization news was the primary catalyst for pushing the metals down. Morgan says if gold doesn’t break back above $1300, gold will continue to get weaker toward the end of the year.
When the stock market finally breaks, David is not calling for a minor drop, but a percentage that is jaw-dropping.
However, the miners have been weathering the storm well, which is bullish for the sector, Morgan says.
All this and much more on this week’s show:
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.