from WallStForMainSt
Jason Burack of Wall St for Main St interviewed returning guest, mining stock expert http://www.goldsilverdata.com/ and author of How to Invest in Gold and Silver: A Complete Guide with a Focus on Mining Stocks, Don Durrett.
During this 30+ minute interview, Jason asks Don why Gold’s fundamentals are improving and why big money managers on Wall St are suddenly buying gold?
Don talks about how the US economy is getting worse and how the threat of negative interest rate policy and the stock market rolling over is causing the fear trade to explode. Don says the fear trade is fueling investors to go into cash and gold.
Next, Jason asks Don about the big move in gold stocks and if the bull market has returned?
Don doesn’t think the gold and silver bull market has returned until gold clear overhead resistance levels of 1280 and 1308 for gold.
Jason and Don discuss the pitfalls of investing in gold and silver companies and the latest news about the industry.
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