Many believe that rising interest rates will hurt gold. David fully expects the Fed to increase rates but sees it as being nothing more that "showmanship". David suggests that:
"his experience shows that it is when REAL RATES get positive that you COULD see gold impacted from an increase in interest rates"
"What you really need to know is what are the real rates versus nominal rates which you see iin the newspapers."
Keeping interest rates low is central to debt ridden governments surviving. Acording to David Morgan the government must keep rates low as long as possible but believes a reset of some sore is inevitable. David sees the mechanics and policies of keep rates repressed as fundamentally defining Financial Repression.
Financial Repression is like a big coffee press, pressing everything down and has suppressed the ability for us to have a free market and thereby enjoy the fruits of our intellect, labor, creativity and purpose as humans."
Jeff Berwick interviews silver market expert and veteran David Morgan, topics include: the equity markets are very topped, Sept/Oct could well be a major break...
Listen to this tremendous and fascinating interview with David Smith of The Morgan Report, and regular contributor to MoneyMetals.com. David recently joined Money Metals president Stefan Gleason to talk about investment psychology, how you can discipline yourself to be a successful investor and what he sees ahead for the precious metals.
David Morgan studies, history and how it relates to the unfolding Greek drama that is causing so much turmoil throughout the financial world today. This is not going to end well.
David Morgan of Silver-Investor.com joins me to talk about the possibilities of capitol controls, bank runs and hoarding of resources happening in the US to the same degree that we are seeing it in Greece. We discuss why Greece is collapsing and what you can do to prepare for the coming chaos, here in America.
