Video of Money & Metal's Report for the Week Ending May 1, 2015 with David Morgan of Silver-Investor - Video Posted on InvestmentPitch.com

May 04, 2015 4:05 PM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2015) - David Morgan of the Silver-Investor discusses, in his weekly video, events of the week ending May 1, 2015 that are affecting the metals and currencies markets.

In currencies, the U.S. dollar touched a two-week high versus the Yen on May 1st, rising from a two-month low versus a basket of major currencies, supported by signs the U.S. economy may be stabilizing following a recent soft patch. Sterling fell sharply against both the Euro and the U.S. dollar.

In metals news, gold hit a six-week low on Friday, as the dollar strengthened on U.S. economic data. While the price of gold traded in a narrow range this year, gold equities have improved slightly, with the S&P TSX Global Gold Index gaining 14% so far this year.

History shows that gold equities outperformed spot gold for most of the time between 2002 and 2008, a time when both shares and commodities such as gold were rallying.

CPM Group issued its 230 page 2015 Silver Yearbook, with its wealth of data. CMP sees some weakness in the months ahead for silver, but consolidating later in the year. However silver is more volatile than gold so we could see larger percentage falls on the downside, but a bigger rise once a recovery does begin to set in.

David's full report can be viewed at InvestmentPitch.com (click here for video). If this link is not enabled, please visit www.InvestmentPitch.com and enter "money & metals" in the search box.

If you cannot view the video above, please visit:
http://www.investmentpitch.com/video/0_6o7lnr02/Money-Metals-with-David-Morgan--Dollar-Advances-to-two-week-highs-vs-yen-euro-slides

While on the website, please view David's recent interviews with Avrupa Mining (TSXV: AVU), Foran Mining (TSXV: FOM), Garibaldi Resources (TSXV: GGI), Lomiko Metals (TSXV: LMR), and NioGold Mining (TSXV: NOX).

If you would like to be considered for future interviews with David Morgan, please contact Joseph Nuyten at 1-888-605-8522 or email jnuyten@investmentpitch.com.

David Morgan is a widely recognized analyst in the precious and base metals industry and consults for hedge funds, high worth investors, mining companies, depositories and bullion dealers. He is publisher of The Morgan Report on Money, Metals and Mining and has also has recently published "The Silver Manifesto" (www.TheSilverManifesto.com). He is a featured speaker at investment conferences worldwide. For more information on precious metals and natural resources or to subscribe to his newsletter, please visit www.Silver-Investor.com.

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