Welcome!

News Feed Item

Former U.S. Mint Director Edmund C. Moy: Fed Tapering Makes Case for Gold as an Asset Class; Gold Due for Robust Gains

Morgan Gold Chief Strategist Urges Gold as Investment Choice at First of Quarterly Webinars

TORRANCE, Calif., March 28, 2014 /PRNewswire/ -- Gold will be increasingly an important investment in 2014, as the Federal Reserve continues its tapering policy and financial markets become increasingly volatile.  That's a key assessment from former U.S. Mint Director Edmund C. Moy, who now serves as Chief Strategist for Morgan Gold, a gold-backed IRA provider. 

Mr. Moy made his comments at Morgan Gold's first quarterly webinar, held on March 18th.  The webinar was broadcast nationally online and also had a live audience in Los Angeles.  Mr. Moy is considered one of the nation's most prominent gold experts, who served as Mint Director from 2006 to 2011.  The webinar was the first in a series in which Mr. Moy will outline his views on the economy, gold investing and the benefits of gold-backed IRAs.

"With quantitative easing on asset purchases from the Fed, many large investors believe the stock market is overvalued and are now turning to alternative assets such as gold," Mr. Moy said.  "The five year bull run and greater return in stocks caused a decrease in gold purchases, but it's clear that trend has started to reverse itself.  Investors are seeking diversity in their portfolios."

During the webinar, Mr. Moy also noted that gold purchases continue to take place outside the U.S. and Europe.  "There is a strong appetite for physical gold among Asian investors, particularly those in China," Mr. Moy said. "That sentiment will begin to take hold here in the U.S. in 2014.  Gold prices have historically correlated roughly with the national debt, and until the government gets its finances in order, gold is due for robust gains."

Morgan Gold's webinars are available to the general public.  The quarterly segments are designed not only to educate clients and prospects, but also investors who are interested in learning about gold as an asset class and as an IRA investable asset.

"Making a person of Ed's stature available to help guide investors is unique in the gold business," said Morgan Gold CEO Rodrigo Iglesias.  "People from all over the country can tune in and engage in one-on-one dialogue.  We look forward to expanding Morgan Gold's efforts to bring investors access to Ed's insight and decades of government experience."

Morgan Gold is located at 2780 Skypark Drive, Torrance, California 90505 and their website is www.morgangold.com. The firm is an authorized dealer for the Professional Coin Grading Service (PCGS), the Numismatic Guaranty Corporation (NGC) and is a member of the Industry Council for Tangible Assets (ICTA). Morgan Gold can be reached toll free at 800-844-GOLD or 800 844-4653

https://www.youtube.com/watch?v=i2kjt5STgGI&feature=youtu.be

CONTACT: Sean Dougherty, 646-808-3575, [email protected]

SOURCE Morgan Gold

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are a modern development application platform and we have a suite of products that allow you to application release automation, we do version control, and we do application life cycle management," explained Flint Brenton, CEO of CollabNet, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...