Keep an eye on whose recommendations you follow regarding gold and silver.
That’s from economist, columnist, radio host and international conference speaker Jerry Robinson who used his “Follow the Money Weekly” program this week to discuss the price of gold and silver.
Precious metals adviser Tom Cloud joined him for the discussion.
Robinson explained, “If you listen to the mainstream financial press, you are likely wondering whether you should be selling all of your gold and moving all of your money to stocks. I believe that this would be a big mistake.
“Goldman Sachs, for example, is telling clients to liquidate their existing gold holdings and to even consider shorting gold. European bank, Societe Generale, has also forecast that gold prices will end the year below $1,400 and will continue lower in 2014,” he continued.
There’s only one problem with this logic… When the globe prints massive amounts of paper money, the price of hard assets goes up, not down, in the long-term.”
He takes on the controversy headon in his program.
He also interviews Nolan Watson, the CEO of Sandstorm Gold Ltd.
They discuss the future of mining and what that means to an investor.
Podcast is 1:09:58.
Jerry Robinson is an economist, published author, columnist, radio talk show host, and international conference speaker. Robinson has been quoted as an economic authority by USA Today, FoxNews and many other news agencies. His columns have appeared regularly in numerous print and web publications, including WND. In addition, Robinson is also the editor-in-chief of the popular economic newsletter, “Follow the Money Quarterly.”