Friday, December 30, 2011

David Morgan's Precious Metals Smash Down Report 12-14-2011

Thursday, December 22, 2011


Friday, December 9, 2011

The Truth About the Euro Condition

With only 10 days to go before the fate of the Euro is decided, David Morgan ( talks to Tracy Weslosky (Pro-edge) about the truth of the Euro Crisis "The truth is that we have a debt burden that we cannot get out of...we must admit that we will never work our way out of this debt..."

Wednesday, November 30, 2011

The Silver Market Psychology & Inflation

A look at the silver market, focusing on supply and demand, psychology, and inflation.

Tuesday, November 15, 2011

Ellis Martin Report with David Morgan

Ellis Martin and David Morgan of The Morgan Report discuss the emotional depression of a country and the cult of personality in driving an economy or taking it down, in addition to market factors in place. Is there a financial collapse in the offing or is it underway? Would a strong charismatic leader like Reagan or Clinton be able to reverse the trend? The two also discuss the seasonality of mining stocks and fall rallies.

                                                              Charms and Beads

Tuesday, November 8, 2011

David Morgan on BTV

David Morgan of The Morgan Report and, provides insight when investing in junior exploration companies. To watch the full episode:

Thursday, November 3, 2011


Patrick MontesDeOca chats with David Morgan in this exclusive interview that took place at the Silver Summit in Spokane, Washington the week of October 17, 2011. Mr. Morgan speaks in riveting detail about the Silver Market and it's outlook through this year and next, in this not-to-be-missed interview.

Monday, October 17, 2011

How much silver should a person own?

Reed Larsen, CEO of American Gold Reserve, asks David Morgan, Editor of the Morgan Report, "How much silver should a person own?"

Thursday, October 13, 2011

What is David Morgan's Outlook on Silver?

Reed Larsen, CEO of American Gold Reserve, asks David Morgan, Editor of the Morgan Report, "What is your outlook for silver?"

Sunday, October 9, 2011

Gold and silver legal tender in Utah-On the Edge with Max Keiser

In this edition of the show Max interviews David Morgan from

He will talk about the new law implemented in the state of Utah making gold and silver legal tender.

So from now on the merchants in the state of Utah will start accepting gold and silver coins on a voluntary basis.

There is a depository that was set up where people can put their gold and silver into and are being issued a debit card which makes the whole transaction process pretty transparent. 

And now you can walk to any store and buy whatever you want to buy with your debit card.

Friday, October 7, 2011

David Morgan Displays Old Glory Mint Products During TV Interview

David Morgan was interviewed on KSL-TV in the Salt Lake City market, regarding gold and silver, the Utah Legal Tender Act (the Utah Sound Money Act), and recent volatility in the precious metals markets. During the interview, he displayed Old Glory Mint products.

Monday, October 3, 2011

Biggest Names Discuss Silver, Gold and the Global Economy - Follow Up Call

Some of the biggest names in Gold and Silver discuss the current markets. This call was hosted by David Morgan.

Tuesday, September 27, 2011

Ellis Martin Report with David Morgan of The Morgan Report - 23/09/11

"In this broadcast, Ellis Martin interviews analyst and newsletter writer David Morgan of Mr. Morgan weighs in on the real possibility of "The Perfect Storm" in the markets, commodities and the economy. Is it more than a hard bump? How long will it last, weeks or many months? What about the rare earth/rare metal space. Is it a bubble that has popped? Are there significant buying opportunities across the resource sector? Who's buying now? This in depth and compelling interview is fresh and informative, worth listening to."

Saturday, September 24, 2011

David Morgan's Precious Metals Panic Report

"David Morgan joins us on September 23, 2011, after the markets have shut down for the weekend, gold and silver having sustained their largest losses on record. He explains why paper has never and can never out precious metals. He believes there's very little additional risk to the downside as the bulls in the futures markets have been eliminated. But one never knows these things for certain, until after they've occurred. Remember, in investing, the only thing to fear is losing money."

Interview by: Kerry Lutz

Tuesday, September 20, 2011

Silver Investing with David Morgan (1/7)

"Silver Investor's David Morgan empowers people in the area of money, mining, and metals. He is the author of Get The Skinny on Silver Investing and The Morgan Report. His 30+ years of experience in metals and his understanding of monetary history help us understand a unique window of opportunity.

Although OPEC and Central Banks are not known for hoarding silver, it is very valuable. It is used in so many industrial applications and devices. The demand for silver exceeds the available above the ground supply. Silver is not just an industrial metal; it is real money.

Silver is referenced in almost all of the holy books as money. It is mined as a by-product of copper, lead, zinc, and gold, and is one of the most overlooked and underestimated investments in the world. Find out what you need to know about silver that will allow you to make timely investment decisions.

Silver is beckoning our attention. Fiat currency is on its way to the fiat cemetery. It's time for a new paradigm for investment strategies.

In December of 2009, we did a broadcast with James Turk, the founder of Goldmoney. Goldmoney is a digital environment to buy, sell and store gold, silver, and platinum. All metals are stored in London or Switzerland as allocated storage. Although we are huge advocates of James Turk and his remarkable creation and transparent model and have a GoldMoney account, not everyone wants to do business digitally and have their precious metals stored outside the USA. Some people assume that proximity guarantees safety, and would prefer to store bullion or coins at their home, office, or another designated storage facility.

To learn more about investing in silver, Silver Investor can be of great help to you. Join us as David gives us the skinny on silver investing!"

Saturday, September 10, 2011

David Morgan - The Currency Crisis Continues

"I had the pleasure of meeting David Morgan in Spokane, Washington State. It was great to finally meet one of my favorite analysts face to face. David Morgan is perhaps the most well grounded and level headed precious metals analysts you're ever going to meet and it was both a pleasure and a privilege to interview and dine with David Morgan. David's website can be found at"

Thursday, September 8, 2011

Gold has yet to reach new parabolic heights in 'grand super-cycle'

Tracy Weslosky CEO of Pro-edge Consultants Inc. discusses the future of gold, silver and fiat currency with David Morgan of A well-known industry expert David answers the question: Do you think we are in a gold bubble right now?

"Well, as I said when silver was doing the same thing. Silver went parabolic. Gold went parabolic. I could state it this way. We could be in what we classify as a mini-bubble. But this is a precursor to one that's going to be so huge, so gigantic, so off the charts -- I mean that literally...that it's going to go down in the financial record books bar none. We are in a grand super-cycle. And when this takes place -- and now this only happens, like in every 500 years or are going to see gold into the paper prices that you and I wouldn't believe right now. And so, is this like a bubble? Yeah, you might say this is like a warm-up...but this is nothing to what's going to take place."

Thursday, August 25, 2011

Tracy Weslosky Interviews David Morgan on the European & US Recession

"August 22, 2011 -- This week on, Tracy Weslosky, CEO for Pro-edge Consultants Inc. interviews David Morgan of on the collapse of the Euro, the ongoing European and US recession, and the gold and silver strategies to counter the downward pressure on the market."

Part 1:

Part 2:

Tuesday, August 23, 2011

DAVID MORGAN Talking GOLD on CNBC 8/17/2011

David Morgan, speaking on CNBC about Gold. Oddly he gets cut off in the middle of his speech. This is a common tactic of CNBC's when they don't like what your talking about. Was it deliberate or not? Who knows.

Thursday, August 18, 2011

Avino Silver & Gold Mines Ltd. (TSXV: ASM) Inteview - David Morgan

David Wolfin and Jasman Yee of Avino Silver & Gold Mines Ltd. - Interview with David Morgan of

Saturday, August 13, 2011

David Morgan Interviewed by J. Puplava

David Morgan to Gold Investors: Time to Lighten Up after Big Run Morgan also says if you don’t own any gold, you need to start acquiring gold now | James J Puplava CFP | FINANCIAL SENSE

Ellis Martin Report with David Morgan

Ellis Martin speaks with David Morgan, The Silver Guru of about the current condition of the US economy and the value of investing in precious metals as a safe haven. Is market collapse imminent? Has the tipping point been reached, good or bad? What about gold stocks? This is Mr. Morgan's most revealing interview to date with this journalist.

Tuesday, August 9, 2011

Ellis Martin Report with David Morgan

Ellis Martin speaks with David Morgan, The Silver Guru of about the current condition of the US economy and the value of investing in precious metals as a safe haven. Is market collapse imminent? Has the tipping point been reached, good or bad? What about gold stocks? This is Mr. Morgan's most revealing interview to date with this journalist.

Thursday, August 4, 2011

Buy Gold, Silver on a Pullback : Expert David Morgan

David Morgan, founder of, says he believes the debt ceiling will be raised and he is looking to buy gold and silver on the...

Sunday, July 24, 2011

Thursday, July 21, 2011

Silver Price Manipulation

“I have little doubt that most of the silver that is on the SLV’s web site with a bar number is there somewhere. But what I am really concerned about is if it is hypothecated or not, meaning is there more than one owner on that same bar. And I can almost guarantee that there are multiple owners for almost every bar that they report. It does not mean that that bar does not exist.

It takes ten contracts to be a market maker. So I have got ten contracts, I have got fifty thousand ounces, and I ship it to my buddy who is a hedge fund manager over in Idaho. That is my silver. I have just sent it over to him on a lease. I have leased it to him. Now he has taken that silver and he has swapped it with somebody at the SLV, so they have got bars there. And he swapped for those and now those are on the exchange showing as part of the deal. So you can have a lease and a swap, so you could have two or three claims on those same bars. And that happens over and over again.

So the reason I used “purportedly” is that is the correct word. There are very few bars that are actually one-to-one correspondence that are sitting on the SLV and that is their only purpose. That is not the way banks operate. That is not the way the whole system operates. So I am not against the SLV, but I also state very clearly that if you follow what I teach, you would not want that to be considered a primary silver investment. That is a paper investment. That is not silver. That is paper. It only settles in paper. People ask whether I think there is going to be a default on the SLV. I say, how could there be? I mean, read the prospectus, they settle in cash. Think they have any trouble printing that stuff up? I haven't seen any problem with that lately.”

Monday, July 18, 2011

Gold Hits Three Week High - Gold to go Higher long term.

David Morgan Speaks of Higher Gold prices, the Host of this Show in my personal opinion is beyond ignorant to the facts.

Thursday, July 7, 2011

Fate of Gold and Silver in Q3: Strategist

David Morgan, founder of, reveals what he is expecting from gold and silver in the third quarter.

Tuesday, June 28, 2011

Ellis Martin Report with David Morgan on Dollars, Debt and Danger

"Ellis Martin speaks with The Silver Guru, David Morgan about the Zimbabwe dollar implosion and the comparisons with the current fate of the US Dollar."

Tuesday, June 14, 2011

Keiser Report: Economic Melt-Through (E155) with Guest David Morgan

Max Keiser and co-host, Stacy Herbert, report on financial melt-through and bad actors. In the second half of the show, Max talks to David Morgan of about Utah's new gold and silver legislation and Gresham's Law.

Thursday, June 2, 2011

We are Becoming More and More of a Physical Market

We know there is huge controversy surrounding the SLV and we have examined this in depth in our Master Mind series. We remain in the middle that much of the silver purported to be in the SLV is there; our main concern is whether or not it is totally unencumbered.

Recently the SLV claims to have 325 million ounces of silver, while the Comex has about 32 million in the registered category, which for all practical purposes is the only silver available to the dealers. In other words, the SLV is 10 TIMES BIGGER, purportedly, in physical metal. Which one do you think would have the greatest impact on the market—especially considering that we are becoming more and more of a physical market?

- David Morgan

Read the full article here:

Monday, May 23, 2011

David Morgan - Gold, Silver in Short-Term

"David Morgan, founder of, reveals why he thinks gold and silver will continue lower throughout the summer."

View the video here:

Wednesday, May 18, 2011

Call Leaked: Biggest Names Discuss Silver (Hosted by David Morgan)

"David Morgan hosts a call on Saturday, May 14th about silver that will be shocking to most! Includes and drive-by shooting and the Fed Reserve caught doing something illegal. Guest included, Eric Sprott, Bill Murphy, Rob Kirby, Bob Quartermain, Sean SGTReport and James Anderson in for Mike Maloney."

Saturday, May 14, 2011

Thursday, May 12, 2011

Why do we sound need money?

"Because the founders of our nation had experienced first hand the ills attendant unbacked fiat currency, they provided in Article 1, Section 10 of the United States Constitution that no state is to make anything but gold and silver coin tender for payment of debts. Unfortunately, we’ve departed from the wisdom they imparted, and embraced a medium of exchange which has no intrinsic value whatsoever. The value of today’s dollar is upheld by governmental edict, backed only by the indebtedness of our nation and its citizens. Because of sharp increases in our money supply, our national debt is on an upwards trajectory set shortly to eclipse our gross domestic product. Since there is no historical precedent for a totally fiat money system, such as ours, ever lasting more than a few decades, prudence dictates that alternative, sound, means of exchange be put in place well in advance of any potential crisis, such as those endured by the fiat-financed nations and empires of the recent and distant past. 

Even absent the specter of catastrophic consequences, an alternative sound money system confers many benefits on citizens and state governments alike. Such a system serves as a refuge from the ills fiat money produces, including the insidious “inflation tax” that our current monetary system imposes. Consider that the U.S. dollar has lost more than 95% of its purchasing power since decoupling from gold and silver backing. By contrast, sound money systems of the past continued virtually inflation proof for centuries on end."

Thursday, May 5, 2011

Excerpt from the May Edition of The Morgan Report

Many think that all we cover in our reports are silver and silver related companies, how wrong they are, but unless you are a paid member you would have no way of knowing this fact. In light of that information, here is some news on Strategic Metals again from our most recently issue.

Strategic Metals Outlook

As gold and silver continue their seemingly inexorable rise, another “class” of metals, if you will, has also emerged in importance and means more for future economic growth and energy security in the United States than ever before. If gold and silver are thought of as proxies of “fear” or gauges of economic health, these metals are proxies for innovation and development of next-generation technologies.

I’m referring to strategic metals, such as lithium, manganese, vanadium, graphite, and rare earth elements (to name a few), which are necessities for current-day infrastructure (such as the manufacture of steel) and in future applications (such as lithium-ion batteries for the nascent electric vehicle revolution).

What makes these metals unique isn’t just their chemical properties. Instead, the real issue surrounding these metals is import dependence. Today the U.S. is at least 80% dependent for imports of 27 metals and 100% dependent on a total of 19 metals. While the United States has had a strategic stockpile of a number of these metals historically, these stockpiles have been sold down over time as the end of the Cold War fostered an aura of relative security.

Though many would have a different definition for what qualifies as a “strategic” metal, we define it as any metal necessary for infrastructure, national defense, or nascent next-generation technologies. A metal like copper could certainly be included here, but the real differentiator is the fact that many of these critical metals are in short supply, making them “strategic” in nature as well. What is perhaps most galling is the fact that the U.S. was independent of imports, generally speaking, for many of these metals until the twin phenomena of off-shoring due to cheaper labor in Asia and inexorable fiat currency devaluation reared their ugly heads over the past 30 or 40 years.

This has left the U.S. in the unenviable position of having to import an ever-increasing percentage of metals, not only for day-to-day usage and national defense, but also for innovation into tomorrow’s technologies. In early 2011 when Secretary of Defense Robert Gates visited China, he was surprised by China’s test flight of their first stealth fighter. The Chinese contingent with him claimed to be unaware that a test flight would be taking place. However, this was another sign of China’s rise—a rise built on the back of natural resources, including strategic metals.

As China continues to build her military capabilities, more of these strategic metals listed above will be in demand. The U.S. import dependence on them has a direct effect on our own military capabilities in the U.S.—something hopefully not lost on planners in the Pentagon or on Capitol Hill.

A good case study involves manganese—a metal absolutely critical for the manufacture of steel. The U.S. is 100% dependent on imports and as the infrastructure build-out in the emerging world continues unabated, you can be sure that this import dependence will continue. The U.S. had a strategic stockpile of manganese, which actually served as a resource during the Second World War. It has since been sold down, to the point where there is no such stockpile in the U.S. and no domestic production in the U.S. today.

Rare Earth Elements (REEs) are another notable example of U.S. import dependence. In the early 1980s, Chinese Premier Deng Xiao Ping declared, “The Middle East has oil, we have rare earths.” Anyone at all involved in resource investing of rare earth plays knows the rest of the story. The Chinese set about developing their own rare earth supply chain (mine to market) by undercutting western prices and environmental standards, and today they supply the world with 97% of its rare earth needs. With REEs essential for a host of applications, like cell phones, laptops, anti-missile systems, optics, and magnets used in motors, it’s more than dangerous to rely on a single country for supply. China’s recent behavior in curtailing export quotas and outright halting of REE exports to Japan are examples of what can happen when you outsource a supply chain and all of the associated intellectual property. The end result is at least a five- to ten-year process involved with re-establishing the industry.

What is most urgent here is the idea that entire industries can be built around these metals—again—if you can ensure a steady (preferably) domestic supply. As an example, look at the budding electric vehicle revolution. Despite the state of the North American auto industry, electric vehicles can serve to reignite production and in doing so, create sustainable jobs, something the U.S. desperately needs. Essentially every major auto manufacturer on the planet is working to develop an electric vehicle (“EV”) and by some estimates, there are dozens of auto manufacturers in China ALONE that have joined this quest.

What is absolutely crucial, though, is procuring the raw materials to make sure adequate research and development take place and, ultimately, mass production of automobiles can ensue unabated. The Chevy Volt, one of a handful of commercially available EVs today, uses 12 pounds of lithium, 7 pounds of REEs, and a substantial amount of graphite, amongst other metals. Lithium is arguably the most critical of all elements in an EV as the light weight and energy storage capacity of the metal make it indispensable. The U.S. is 100% dependent on both REEs and graphite, while being a net importer of lithium, despite some domestic production. How is General Motors realistically supposed to build a supply chain and a sustainable business in EVs when they are dependent to this degree on foreign sources of raw materials? The rising quality-of-life phenomenon emanating out of Asia dictates that demand for these metals will continue, making a domestic supply chain here an imperative.

Fortunately there is hope. It appears that the recent run up in REE prices and subsequent wake-up call have spurred our elected representatives in Washington, DC, into action. Last year, the Rare Earths and Critical Materials Revitalization Act of 2010 was passed, and Senator Murkowski, Representative Markey, and Representative Johnson have legislation pending in Congress that would kick-start a rare earth industry in the U.S. The crucial issue here is that this legislation will take time to get through Congress and it will take longer than anyone realizes to construct a “mine to market” industry. Keep in mind that we’re only talking about REEs; other metals like the ones mentioned above need attention as well, to curtail the import dependence the U.S. is facing.

When you’ve dug yourself into a hole, the best thing to do is stop digging. Years of a lack of exploration for these critical metals has led to a lack of domestic discovery, which has eroded our supply chain infrastructure, and impaired U.S. strategic capabilities. Establishing such a supply chain will take years, but is clearly in the U.S. long-term strategic national interest. The end result is job creation, domestic supply chains, and ultimately, ownership of associated intellectual property—the key to the sustained rising standard of living that we’ve enjoyed in this country.

Note: We have covered a manganese company in the past in these pages but reserve that for our membership. This article was contributed by Chris Berry whom I met at the Chicago Resource Expo where I was the keynote speaker.


David Morgan

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Sell Silver In May And Go Away?

David Morgan, founder of, offers silver trading strategies for the summer.

Saturday, April 30, 2011

David Morgan Interviews John Lee About Prophecy's Chandgana Project

David Morgan interviews John Lee, CEO and Chairman, about Prophecy's Chandgana 1.2 billion tonnes thermal coal project in Mongolia.

Monday, April 25, 2011

Ellis Martin Report with David Morgan - April 25th 2011

As silver is nearly at a benchmark $50 per ounce, David Morgan, the Silver Guru of weighs in on the gold/silver ratio, fiat currency, inflation and a host of other related issues. This broadcast which additionally airs in select US radio markets is one of David's most he draws attention to a movie filmed in 1981 about the collapse of the dollar due to Arab offloading into bullion. Is this happening now?

Wednesday, April 20, 2011

Silver Scarcer Than Gold And More Useful - Mike Maloney & David Morgan Conversation

Mike Maloney and David Morgan discuss gold and silver as the\y ride across town in a limo. Silver is scarcer than gold and more useful. What happens if they were no more silver? The industrial world we know would cease.

Kitco Audio: David Morgan and Premium Exploration President Del Steiner on Gold's "perfect storm"

April 15 ,2011: Al Korelin chats with David Morgan of The Morgan Report and Premium Exploration President Del Steiner at the Chicago Resource Expo about the ongoing U.S. financial crisis and how these woes have created a perfect storm for Gold.

Tuesday, April 19, 2011

David Morgan Appears on the Korelin Economics Report

David Morgan, was a guest this last weekend on the Korelin Economics reports. You can find his interviews by visiting this link:

Gold hits record above $1,500

U.S. gold futures GC-FT hit an all-time high above $1,500 an ounce on Tuesday on a combination of dollar decline, recovering crude oil prices and worries about sovereign debt problems in Europe.

Bullion rose to a record for a second straight day, as investors bought gold as a hedge against economic uncertainty after Standard & Poor’s on Monday revised the credit outlook of the United States to negative from stable.

“It’s follow-through buying from yesterday after the market had absorbed an initial bout of profit-taking. The recovery of oil prices and the euro have combined to take gold to the $1,500 level,” said James Steel, chief commodity analyst of HSBC.

U.S. gold futures for June delivery rose 60 cents to $1,493.50 by 12:30 p.m. EDT (1630 GMT), having earlier hit a record $1,500.50 an ounce.

Spot gold was down 0.2 per cent at $1,492.44 an ounce, bouncing off a high of $1,499.31.

Risky assets were hit by a double-whammy on Monday after fears mounted that Greece will have to restructure its debt, maybe as early as this summer, and S&P threatened to cut the United States’ AAA credit rating.

Silver SI-FT also set a 31-year high of $43.79 an ounce, and was later up 0.4 per cent at $43.49 an ounce.

Silver has outperformed gold this year, up more than 40 per cent so far against gold’s 5 per cent rise. The gold/silver ratio slipped to a 28-year low below 35 on Monday.

Among other precious metals, platinum slipped 0.4 per cent to $1,764.74 an ounce, while palladium dropped 1.5 per cent to $728.47.