Sunday, October 3, 2010

Precious metals stocks, an interview with a guru

Not a new video release, but one that is interesting to watch as Al Korlin interviews David Morgan which is a longtime Silver bug/guru. (July 7th, 2010) David mentions that the metals markets are much smaller than the currency or stock markets and if there is enough physical metal purchased, they will not be available for delivery. People that still want to get into the metals market will need to purchase the stocks of the miners which may drive them higher. (He specifically mentions the juniors for some reason?)  There are various precious metals investors/gurus/advisers that suggest that the quality junior miners outperform the larger miners in a bull market. GSR - we are still a ways away from that happening.

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