Mike Maloney and David Morgan discuss what to expect after Trump takes office and the honeymoon is over. You'll learn that nothing the U.S. government does is a net positive for the economy. The government doesn’t produce anything… but misery!
My guest today is David Morgan. David Morgan is a widely recognized analyst in the precious metals industry and consults for hedge funds, high net worth investors, mining companies, depositories and bullion dealers.
He is the publisher of The Morgan Report, and has authored a number of books: “The Silver Manifesto" with Chris Marchese and most recently “Second Chance” with David H. Smith. David Morgan is also a featured speaker at investment conferences in North America, Europe and Asia.
He has been interested in money and finance from a very early age, his background in engineering with an advance degree in Economics/Finance gives David a unique perspective to the financial markets that pure business majors often miss. He applies the discipline of logic to verify the basics of economic law. Mr. Morgan has appeared on CNBC, Fox Business, BNN, and TV stations in Hong Kong and Singapore, his work has been published in numerous places both mainstream and otherwise. The Morgan Report covers money, metals and mining—helping investors profit in these turbulent times.
On the U.S debt clock showing gold being priced thousands of dollars more than it is priced in the markets, and also silver priced hundreds of dollars higher, Morgan says, “I think it is $812 silver and gold $7,300. What that is is year-over-year increases in M2 money supply and yielding production of silver and gold in ounces. Or, you could say it’s the year-over-year production in ounces... and it’s an arithmetic problem. It’s dollars per ounce mined. As to why they are doing this, I don’t know, but I will take a stab at it. Maybe it is to get this out in the public where few are awake and aware. It’s obviously showing the gold/silver ratio is out of whack. . . . Both silver and gold are way undervalued.”
In closing, Morgan, who is also an expert in gold and silver, says, “Real wealth is what we can physically touch, and the market is going to reprice all of that. Gold and silver are a small subset of real wealth because that is physical money. If you look at farmland, skyscrapers, all the roads, all the minerals in the ground, oil and everything else, that’s the real wealth. What you do in a bond collapse is you reprice everything.”
Join Greg Hunter as he goes One-on-One with David Morgan of The Morgan Report.
Jeff interviews silver guru David Morgan of the Morgan Report, topics include: what Trump's election means for the deep state, a stronger military, the wonderful line up for the TDV Summit and Anarchapulco, the precious metals market in 2017, a trader's market, a great track record, subscribers have benefited greatly.
David discusses one of Ed Bugos' stock picks, a new environmentally friendly precious metal extraction technology to replace cyanide, an investment opportunity, energy metals, The Morgan Report, a growing potential for capital controls.
Will the Trump Administration have an economic calamity in the bond market because of the heavy global debt load? Precious metals expert David Morgan says, “Yes, something will take place before the four years is over. I can almost guarantee that. The math is just too simple to see, and you are already seeing it in the bond market. I am very confident because how the bond market is reacting and the amount of paper that has been pushed upon the system that cannot tolerate any more. Things will unravel in some way, shape or form... I think before that four year time frame (Trump’s first term) is over, we are going to see that big thrust into the precious metals.” Join Greg Hunter as he goes One-on-One with David Morgan, author of the new book “Second Chance: How to make and keep big money from the coming of the gold and silver shock-wave.”
- Source, USA Watchdog