Everything Poised For Higher Gold Prices: Gold Stock Analyst’s John Doody

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Market factors are ripe for higher gold prices, says Gold Stock Analyst’s John Doody. Kitco News’ Daniela Cambone caught up with Doody at GoldStockAnalyst.com’s Annual Investor Day 2013 to find out why exactly he believes there will be a spike in gold prices, as part of our continued coverage of the event held in sunny Florida. When Cambone inquires about author Jim Rickard’s suggestion that $7,000 gold prices are not unfeasible, although he does not necessarily concur, Doody reveals that he does in fact believe that what are essentially ideal fundamentals are in place, and that gold is not reacting properly; although he is not certain whether the gold price is being suppressed (although some might read it as a suggestion of such), he admits that’s just the nature of markets: volatility, uncertainty and risk. Watch to hear precisely what fundamentals John Doody believes are in place that will ultimately translate to higher gold prices. Kitco News, March 1, 2013.

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