KITCO NEWS -- If an investor is looking for safety, the best bets are to look at gold and silver, this according to well-known silver investor David Morgan. "I think the safest place to be right now is in the metals," he told Kitco News on the sidelines of the Mines & Money conference in Toronto. "I'd hold what I have, I wouldn't add positions unless there's extreme weakness." Morgan says he expects sideways trading for gold and silver ahead of the U.S. election and potential Fed tightening towards the end of the year. After that, he expects the metals to rally.
This article is commentary by an independent contributor. At the time of publication, the author held TK positions in the stocks mentioned.