The Gold Report
Between
a rising U.S. Dollar Index and black swan events around the world, it’s
looking like bunker time for Bob Moriarty. In his latest interview with
The Gold Report, the 321gold.com
founder delivers a frank overview of U.S. international policy and
lambasts commentators who look to their tea leaves in search of the next
market moves. But it’s not all gloom and doom: Moriarty also discusses
metals companies with “no-lose deals,” where resource investors can take
advantage of more than favorable odds.
The Gold Report: Bob, in our last interview
in February, we had currency devaluation in Argentina and Venezuela. We
had interest rate hikes in Turkey and South America. We had a cotton
and federal bond-buying program. Just eight months later in October,
we’ve got Ebola. We’ve got ISIS. We’ve got Russia annexing Crimea. We’ve
got a rising U.S. Dollar Index. We’ve got pullbacks in gold, silver and
pretty much all commodity prices. With all this news, what, in your
view, should people really be focusing in on?Bob Moriarty: There is a flock of black swans overhead, any one of which could be catastrophic. The fundamental problems with the world’s debt crisis and banking crisis have never been solved. The fundamental issues with the euro have never been solved. The world is a lot closer to the edge of the cliff today than it was back in February.
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