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Founder of 321gold.com Bob Moriarty Interviewed by The Gold Report

February 19, 2016 1:42 PM EST

SAN FRANCISCO, CA -- (Marketwired) -- 02/19/16 -- Dramatic daily moves in the U.S. dollar, gold prices and the larger markets are pointing to a global banking collapse that will send resource prices higher in 2016, according to 321gold.com founder Bob Moriarty. In this interview with The Gold Report, he shares his insights on how mining equities will react and five names he is watching.

Included in this interview is: NOVAGOLD (TSX: NG) (NYSE MKT: NG).

The Gold Report: Last year at this time we talked about the Swiss decoupling the franc from the euro. Greece was a dark cloud over everything. Now, Europe is not really in the news anymore. China dominates the financial headlines. The Middle East is still a powder keg, and a looming U.S. presidential election has turned into a media circus. What should investors be focusing in on right now?

Bob Moriarty: The world is changing faster than I've ever seen before. The Dow Jones Japan Stock Index, the S&P 500, the NYSE Arca Gold BUGS Index and the value of the U.S. dollar are moving dramatically every day. One day recently, the dollar was up 2%. That represents a $106 billion ($106B) loss to whoever was on the other side of the trade. A few days later it was down 1%. This is the world's reserve currency. It is not supposed to fluctuate like that. It's a cannon loose on a ship in a storm. It's tearing the ship apart and…

Continue reading this interview: Bob Moriarty: Trump Candidacy Is Sign of a Falling Empire and a Rising Resource Market

About Streetwise Reports / The Gold Report

Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. Our exclusive interviews with leading industry experts and analysts provide a clear picture of the causes of macro-economic shifts and the strategies that help you capitalize on developing trends.

DISCLOSURE:

NOVAGOLD is a sponsor of Streetwise Reports. Bob Moriarty had final approval of the content of the interview and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Mr. Moriarty and not of The Gold Report or its officers. The interview does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility.

Please see Streetwise Reports' terms of use and full legal disclaimer.

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Source: Streetwise Reports



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