Gold, Silver Are Your Safest Bets Right Now - David Morgan

If an investor is looking for safety, the best bets are to look at gold and silver, this according to well-known silver investor David Morgan. “I think the safest place to be right now is in the metals,” he told Kitco News on the sidelines of the Mines & Money conference in Toronto. “I’d hold what I have, I wouldn’t add positions unless there’s extreme weakness.” Also a speaker at the event, Morgan said he expects sideways trading for gold and silver ahead of the U.S. election and potential Fed tightening towards the end of the year. After that, he expects the metals to rally.  (show less)

If an investor is looking for safety, the best bets are to look at gold and silver, this according to well-known silver investor David Morgan. “I think the safest place to be right now is in the metals,” he told Kitco News on the sidelines of the Mines & Money conference in Toronto. “I’d hold what I have, I wouldn’t add positions unless there’s extreme weakness.” Also a speaker at the event, Morgan said he expects sideways trading for gold and silver ahead of ... (read more)

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