TRACKING THE SILVER INVESTMENT GURU, DAVID MORGAN - AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Friday, December 30, 2016
Tuesday, December 27, 2016
Saturday, December 24, 2016
Money & Metals with David Morgan
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Wednesday, December 21, 2016
Best Yet To Come For Gold & Silver?
Recognized investor and editor of The Morgan Report David Morgan thinks the best might be yet to come for the precious metals space. According to his analysis, inspired by veteran metals expert Jeff Christian, Morgan said that historical data shows that most of the metal’s price rallies typically happen towards the tail end of it bull market. “I did the numbers and with my arithmetic, it came out that 93% came in the last 7.5% of the time in the last silver bull market,” he told Kitco News on the sidelines of the Silver & Gold Summit in San Francisco. “I think that eutrophic stage is ahead of us, I think we’re going to set a record to the paper price of the precious metals.”
- Source, The Morgan Report
Saturday, December 17, 2016
Trading When The Dollar Fails
Global Collapse - Money When The Grid Fails - Globalization and Tyranny With David Morgan.
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Wednesday, December 14, 2016
Record Run into Gold and Silver Coming
Precious metals expert David Morgan says trillions of dollars of negative interest rate paying bonds is a sign we are getting close to another financial calamity bigger than the last. Morgan explains, “Now, as everyone knows, we are even at negative interest rates, and people are buying into this. They are guaranteed to get less back. . . . This is the upside-down world we are living in.
This is the scientific planet that is our reality. So, this is the reason you will see a run to the dollar before you see a run to gold. . . . We are in the final step before another 1% of the population takes action into the precious metals. When the run starts, it won’t be because 90% of the population wakes up and says I need precious metals to protect my financial wellbeing.
What will happen is another 1% will wake up and say I need precious metals to protect my financial wellbeing. That will double the market. The physical gold market is less than 1% of all financial assets, and the silver market is about .02% of all financial assets. So, it doesn’t take a big amount of new money to put the paper price at stratospheric levels, and that’s what will take place. When people don’t trust the dollar they are holding in their hands, when that happens, there will be a run into gold that will be in the financial record books. . . .
The dollar is going up, up and up, and it will peak. Once it starts down, it will start down kind of slowly, and then, it will build momentum. Then, it will hit terminal velocity. It will hit a level that it has accelerated to its maximum point and will continue until it hits the ground. . . . As that occurs, more and more people will be motivated to move into the precious metals. The door is very narrow, and there will be a big flood of people wishing to get through that door. It’s going to come down to you will either have it or you won’t.”
On the question of whether or not Trump will prosecute the Clintons about pay-to-play accusations and the Clinton Foundation, Morgan says, “Certainly this is like the interest rate swaps, and all these global entities in the global banking system are interconnected. I mean if you have a failure in one, it’s systemic. It goes throughout the whole system. That’s a good analogy for the Clintons. This failure of the Clinton dynasty goes throughout the entire system. They are so connected and it goes across party lines. There is no doubt about that.” So, there is no telling how the Clinton question will actually play out.
Will the Trump Administration have an economic calamity in the bond market because of the heavy global debt load? 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.”
On the question of whether or not Trump will prosecute the Clintons about pay-to-play accusations and the Clinton Foundation, Morgan says, “Certainly this is like the interest rate swaps, and all these global entities in the global banking system are interconnected. I mean if you have a failure in one, it’s systemic. It goes throughout the whole system. That’s a good analogy for the Clintons. This failure of the Clinton dynasty goes throughout the entire system. They are so connected and it goes across party lines. There is no doubt about that.” So, there is no telling how the Clinton question will actually play out.
Will the Trump Administration have an economic calamity in the bond market because of the heavy global debt load? 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.”
- Source, USA Watchdog
Sunday, December 11, 2016
David Morgan- Big Thrust into Precious Metals in Trump’s First Term
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
Friday, November 25, 2016
Gold Bull Intact & Owning Miners vs Bullion
Is the gold & silver breakout failing, or just consolidating for the next leg of the current secular bull market? How
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Monday, November 21, 2016
After the ship has sunk, everyone knows how it might have been saved
David Morgan of The Morgan Report sits down with Maurice Jackson to discuss the uniqueness and rarity of precious metals, while also addressing his thoughts.
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Thursday, November 17, 2016
Sunday, November 13, 2016
Three Reasons Why We’re in a Silver Bull Market
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Thursday, November 10, 2016
Gold and Silver Under the Trump Presidency
On Donald Trump’s victory over Hillary Clinton, Morgan said, “It doesn’t really matter [which] candidate gets the presidency in the United States. The economic and financial conditions are entrenched so deep, and so far, and so wide that we have a precious metals bull market. That doesn’t mean there won’t be some short-term iterations, as we already experienced.”
Indeed, gold surged nearly 5 percent on the night of the US elections, and had its biggest single-day gain since June. Mere hours after – when Trump took to the stage for his victory speech – the price of gold plunged to $1,302.42.
“We had a huge percentage increase in gold that was basically washed away within a matter of hours. So that is a precursor, I think, to going back to the fundamentals. And the fundamentals are, there is a systemic problem, worldwide, based on a lie that you can print wealth. It’s been experienced through all the market places.” says Morgan. He adds that “To preserve your financial health, you will need the precious metals at some point in your life.”
Morgan’s outlook for 2017 is positive. However, When asked about the steady increase in gold and silver prices, he said “I am more favourable to a longer consolidation period but 2017 will definitely see a lift throughout the year.”
He is cautiously optimistic; when asked about the continued rise in the price of precious metals, here’s what had to say “I was asked recently if I thought that the peak of the precious metals would be on the four-year presidency of Trump, and I said no.”
However, he does see a higher price for precious metals in 2017 as compared to 2016.
Morgan suggests that investors should diversify if they are leaning towards the precious metals, and says “and then that portion of your portfolio, which I then recommend 10 maybe 20 percent if you are a full-fledged gold or silver bull.”
- Source, Gold Investing News
Monday, October 31, 2016
China is Holding Off - For Now on Switching to a Gold Backed Yuan
China will be hosting the G20 Meeting for the first time in China. And I think they will be running the meeting pretty much. And at the same time, at the end of the month, I think it's the 30th of September, the yuan will be weighted at about, I think it's 10% of the SDR, Special Drawing Rights. So the international currency system run by the IMF, which is really run by the United States and International Monetary Fund, will be embracing the yuan as part of the SDR. And also, you will see a lot of settlement that will take place outside the U.S. dollar.
For example, petroleum historically has been settled in U.S. dollars only, and this is caused a great deal of the banking system throughout the globe to hold dollars so they could make settlements, because everybody buys oil. And now, you're going to see settlement directly in yuan, which means that this is going to put downward pressure on the dollar, which could be a reason to raise interesting rates. This thing about the economy's great, we need to raise interest rates like we used to have back ten, twenty years ago, is preposterous. Anyone who takes just a cursory look at the real numbers and understands what's really going on with shows like yours, mine, and many, many others, knows that there's no way that the recovery has really ever taken place in any substantial way since the 2008 financial crisis. Sure, there's been pockets here and there, but the overall economic picture's really just gone sideways or gotten worse.
However, if there’s pressure on the dollar, they could use that meme, that idea, that propaganda, that, "Oh, look at the unemployment. Look at how good we're doing," and this type of nonsense, "Well jeez, we really have to raise interest rates," when actually the reality is that because there is a further weakening of the dollar and there's negative interest rates throughout the bond market on sovereign debt, but not in the U.S. yet, that it could happen. I'm not saying it will happen, but my thinking is a little different than almost anybody that's in my peer group on this matter, Mike. Again, I could be wrong, I could be right, but I certainly want to voice it because I want to get people to think, and the only way to keep the dollar strong, let's say "strong", would be that it's got a positive rate of return when all these other sovereign nations with the euro, et cetera, have negative rates, there’s going to be a move for peopleto hold dollars.
And because China's coming into the fore, there's a move to not want to hold dollars, so you've got these two forces, sort of bullish the dollar and bearish the dollar. Very interesting times. Lots is happening, and I want to make one more comment and that is, as much as China has taken on the gold market in fiscal form for many, many years and built their reserves probably far higher than what the official report, I do not believe that China is ready to pull the gold card yet. They are just now entering into the global currency system in a meaningful way. They're very patient and I think they'remore willing just to continue with this paper paradigm. They certainly caught the Keynesian disease years ago that have done the money printing to build out their infrastructure and to certainly boost their economic picture, which is of course distorted at this point just like everywhere else that's based on the Keynesian model. But nonetheless, I don't think they're ready to switch horses to a gold-backed yuan or anything like that any time in the very near future.
For example, petroleum historically has been settled in U.S. dollars only, and this is caused a great deal of the banking system throughout the globe to hold dollars so they could make settlements, because everybody buys oil. And now, you're going to see settlement directly in yuan, which means that this is going to put downward pressure on the dollar, which could be a reason to raise interesting rates. This thing about the economy's great, we need to raise interest rates like we used to have back ten, twenty years ago, is preposterous. Anyone who takes just a cursory look at the real numbers and understands what's really going on with shows like yours, mine, and many, many others, knows that there's no way that the recovery has really ever taken place in any substantial way since the 2008 financial crisis. Sure, there's been pockets here and there, but the overall economic picture's really just gone sideways or gotten worse.
However, if there’s pressure on the dollar, they could use that meme, that idea, that propaganda, that, "Oh, look at the unemployment. Look at how good we're doing," and this type of nonsense, "Well jeez, we really have to raise interest rates," when actually the reality is that because there is a further weakening of the dollar and there's negative interest rates throughout the bond market on sovereign debt, but not in the U.S. yet, that it could happen. I'm not saying it will happen, but my thinking is a little different than almost anybody that's in my peer group on this matter, Mike. Again, I could be wrong, I could be right, but I certainly want to voice it because I want to get people to think, and the only way to keep the dollar strong, let's say "strong", would be that it's got a positive rate of return when all these other sovereign nations with the euro, et cetera, have negative rates, there’s going to be a move for people
And because China's coming into the fore, there's a move to not want to hold dollars, so you've got these two forces, sort of bullish the dollar and bearish the dollar. Very interesting times. Lots is happening, and I want to make one more comment and that is, as much as China has taken on the gold market in fiscal form for many, many years and built their reserves probably far higher than what the official report, I do not believe that China is ready to pull the gold card yet. They are just now entering into the global currency system in a meaningful way. They're very patient and I think they're
- Source, David Morgan via Silver Seek
Friday, October 28, 2016
We Are Going to See Huge Pushes in Gold and Silver
There's a lot of things happening this month, as we'll talk about later. The August low is habitually seasonality -wise very accurate for gold. You usually get the lowest price in gold in August. We're doing this in the 1st of September, and September is usually a rebound month, but the seasonalities haven't worked very well in the metals markets for quite some time, so I don't put as much credence in them as I used to. However, in the end of the year, you've got a rise in the metals, and we haven't seen that in a while either. I'm just going to let the market dictate, but here's what I'll say. The main support on the silver price is around the $17.50 to 17.60 level, so we might see another drop, and I really think that that level, another dollar down, is about as far as these guys are going to be able to push it down.
On thegold side, it's holding above $1,300 which has fairly good support. Not really strong support, because time-wise, it hasn't been above that level for a long time during this rally of the last six months. So I believe we're going to see a huge effort to push gold below the $1,300 level, and we have to just see how it reacts, if it rebounds quickly or not. And of course, more important than that, pretty much at the volume that takes place. In other words, if that causes a large selloff and the algorithms start to move with the shorts and the longs decide to throw in the towel and starts a waterfall decline, then of course, I'll do an update for The Morgan Report members, show that to them. Right now, it's too hard to call that. I don't see that. In fact, my suspicion is that that's not going to happen. In other words, they'll push it down below $1,300, but it will pop back up fairly quickly. So it's very interesting to watch the metals this year.
On the
- Source, David Morgan via Silver Seek
Tuesday, October 25, 2016
David Morgan Urges Investors to Obtain REAL Money outside the Banking System Immediately
In any market, even in a non-manipulated market, which there is probably none. The stock market, bond market, metals markets, futures markets, options… just about everything out there is geared and leveraged and pretty much manipulated by the trading algorithms, and other means, but regardless of that, all markets move up and down. Nothing goes straight up or straight down, and so there are periods where there's profit-taking, there's periods where there's consolidation, that type of thing. So regardless of manipulated or not, all markets ebb and flow.
So the metals markets are no different in that aspect. What we saw in the silver market was over the last two months' time frame, we peaked out in the spot month around the $20.50 area a couple times, and now we've dropped as far as about $18.50, so we've had about a $2 drop over the last couple of months. Specifically, the most recent drop's really over a one month period. I want to be correct on that.
The idea that I've had is similar to many others, and we're kind of overdue for correction as you stated, Mike. So this is actually a healthy thing. The metals stocks certainly have leveraged both directions, so anybody that's invested in the resource sector, particularly gold and silver stocks, is going to see a multiple percentage-wise on the drop. And some of these stocks actually gave us a clue that the consolidation or the correction was coming, because some of these sold off before the metals actually had started to sell off. What's interesting, Mike, is that theselloff , even though it's been a fairly good drop, $2 on a $20 commodity, you're looking at about 12% or so, hasn't dropped the commitment of traders… or the open interest, I should say, on the commitment of traders… very much, which means that the bulls and bears are still pretty equal. There's still a very strongly held commitments to the silver and gold paper paradigm that futures markets more than I would've seen in a very, very long time for this kind of a price drop.
So let me restate that. The $2 drop in silver and a correspondingly percentage-wise drop in gold, normally, you would see a pretty good sell off in the open interest. In other words, the shorts would be winning the battle. That is not what I'm seeing at this point in time. We could see something different after the Labor Day holiday. I'm not sure, but right now, these metals for the whole year, and even during this correction, are acting extremely strong.
So the metals markets are no different in that aspect. What we saw in the silver market was over the last two months' time frame, we peaked out in the spot month around the $20.50 area a couple times, and now we've dropped as far as about $18.50, so we've had about a $2 drop over the last couple of months. Specifically, the most recent drop's really over a one month period. I want to be correct on that.
The idea that I've had is similar to many others, and we're kind of overdue for correction as you stated, Mike. So this is actually a healthy thing. The metals stocks certainly have leveraged both directions, so anybody that's invested in the resource sector, particularly gold and silver stocks, is going to see a multiple percentage-wise on the drop. And some of these stocks actually gave us a clue that the consolidation or the correction was coming, because some of these sold off before the metals actually had started to sell off. What's interesting, Mike, is that the
So let me restate that. The $2 drop in silver and a correspondingly percentage-wise drop in gold, normally, you would see a pretty good sell off in the open interest. In other words, the shorts would be winning the battle. That is not what I'm seeing at this point in time. We could see something different after the Labor Day holiday. I'm not sure, but right now, these metals for the whole year, and even during this correction, are acting extremely strong.
- Source, David Morgan via Silver Seek
Friday, October 21, 2016
Federal Reserve Is Out of Ammo To Prop Up The Economy
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Monday, October 17, 2016
Could the Chinese Yuan in the IMF SDR spike Gold & Silver High this Fall?
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Friday, October 14, 2016
Dollar Demise - Silver Moving to China At Record Pace
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Monday, October 10, 2016
Friday, October 7, 2016
Tuesday, October 4, 2016
Federal Reserve Is Out of Ammo To Prop Up The Economy
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Tuesday, September 27, 2016
Saturday, September 24, 2016
David Morgan shares his insights on the investment potential of streaming vs. royalty companies
The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation and asset protection.
Thus was born The Morgan Report - since then we've helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter -- This Week's View from The Morgan Report.
Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.
Tuesday, September 20, 2016
Friday, September 16, 2016
Tuesday, September 13, 2016
Friday, September 2, 2016
You have NOT Missed the Silver Move, We're Going MUCH Higher
Discussed are the recent successful Brexit vote and how this move is going to effect the precious metals markets going forward. They talk about historically low interest rates on government bonds and where the markets are going from here. There will be more uncertainty and volatility, that you can bet on.
Monday, August 29, 2016
Does The US Government Care More About Silver Than Gold?
David Morgan talks about the ongoing heavy hand that Western Central Banksters and governments have in the precious metals markets. Does the government care more about gold, or silver? Which has more of an effect on their plans and their ability to control the masses?
Thursday, August 25, 2016
SILVER CRASHES Below $17, What's Next?
David Morgan joins Elijah Johnson, where he discusses the volatile silver market. He hones in on the market and makes his predictions on what he see's coming next. Is silver destined to see new highs, or crash and burn? Watch the video to learn more.
Monday, August 22, 2016
David Morgan - We Have to Change the Way Money Works
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Thursday, August 18, 2016
It's Very Likely to be the Biggest Move in Precious Metals in Modern Times
With silver, we are starting to see a contraction in supply, but the main thing driving prices up is the general public trend towards precious metals. When silver goes above $26, concurrent with gold above $1,550- and they stay there for a few weeks, we will see an acceleration up to the old highs. We should at least come close to this by the end of the year, and certainly by sometime next year.
One of the main reasons silver has been trading so
David thinks that precious metals stocks will eventually go down with the general market, but gold is the most negatively correlated commodity to the general market. Precious metals will be the first thing to come back up in a meltdown, followed by mining shares. Also, people will exceedingly flock to mining shares if the physical market becomes so tight that people aren't selling much.
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Tuesday, August 2, 2016
Saturday, July 30, 2016
Wednesday, July 27, 2016
Sunday, July 24, 2016
The Morgan Report - Why Are Precious Metals Important to Your Portfolio?
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Wednesday, July 20, 2016
Sunday, July 17, 2016
US Debt Clock Shows Gold and Silver Way Undervalued
In closing, Morgan, who is also an expert
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Thursday, July 14, 2016
David Morgan and Bill Murphy, and your host Chris Waltzek
- David Morgan a.k.a. "The Silver Investor" from the Morgan Report gives a detailed overview of current silver market conditions.
- Our guest adds must hear information to the Silver Majestic story, where the CEO was contacted by a large electronics manufacturer seeking silver supply.
- The PMs bottom could be in place, due in part to a slow motion global economic implosion.
- The silver market will likely build up momentum through higher highs and higher lows.
- Silver aficionados will delight in our guest's prediction of a 2011 style, exponential climb in silver price, culminating with much higher than $50.
- The mining shares sharp advance is de facto evidence of higher bullion prices to come.
- David Morgan suggests building a solid bullion position in a diversified investment portfolio, followed by the addition of paper PMs assets.
- The tipping point will likely occur once investors lose confidence in the global reserve currency, which will direct massive inflows from all currencies worldwide.
- Unlike the 1980's PMs zenith, inflation and rates remain at record low levels, suggesting huge upside potential.
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Sunday, July 10, 2016
David Morgan - After the ship has sunk, everyone knows how it might have been saved
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Thursday, July 7, 2016
DAVID MORGAN : MARKET UPDATE & WHY ARE PRECIOUS METALS IMPORTANT TO YOUR PORTFOLIO
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Monday, July 4, 2016
Silver Breaks $20 - Skyrocket Coming?
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Saturday, June 11, 2016
Tuesday, June 7, 2016
Saturday, June 4, 2016
Wednesday, June 1, 2016
Is NOW the Time to Start Buying Silver?
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Sunday, May 29, 2016
Thursday, May 26, 2016
Silver Lining ft. David Morgan
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Monday, May 23, 2016
Money & Metals with David Morgan - News Update
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Friday, May 20, 2016
Really Big Gains in Paper Gold
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Tuesday, May 10, 2016
Silver Lining - David Morgan
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Wednesday, May 4, 2016
Friday, April 29, 2016
Tuesday, April 26, 2016
Saturday, April 23, 2016
David Morgan: Sprott Silver Purchase Perfect Timing?
David is also the CEO of a new precious metals royalty and streaming company, Lemuria Royalty.
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Wednesday, April 20, 2016
Silver to Rally BIG now that it Hit $16/Oz
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Saturday, April 2, 2016
Ellis Martin Report with David Morgan
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Tuesday, March 29, 2016
Friday, March 25, 2016
Money & Metals with David Morgan - News Update
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Monday, March 21, 2016
Thursday, March 17, 2016
David Morgan on Gold, Oil and the Global Markets in 2016
In a special InvestorIntel interview, Publisher Tracy Weslosky speaks with David Market of The Morgan Report and the CEO for Lemuria Royalties Corp.
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Monday, March 14, 2016
Gold Breaks Out! Silver to Follow?
Morgan also updates us on his #1 priority preparedness item to stockpile (hint: it's not gold or silver!)
Don't miss this briefing from the recognized authority on silver investments!
- Source, David Morgan
Monday, March 7, 2016
Ellis Martin Report with David Morgan Solutions and Royalties 2016
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Thursday, March 3, 2016
David Morgans Top Reason for Being Bullish on Silver
Morgan caught up with the Investing News Network at last week's Vancouver Resource Investment Conference (VRIC), and while he did share some insight on silver (such as his number one reason for being bullish on the metal), he also spent some time talking about his new venture: Lemuria Royalties.
As yet few details have been released about Lemuria, but Morgan was able to talk a little about why he chose now to get into the royalties business and how the company will work. And for those skeptical that he'll be successful in this new venture, he had this to say: "I'm very close to a lot of the mining projects. I know the ones that need financing, and I know the ones that have very strong positions in the metals space
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Monday, February 29, 2016
David Morgan – Inflation
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Thursday, February 25, 2016
Sprott Money News "Ask The Expert" with David Morgan
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Sunday, February 21, 2016
Thursday, February 18, 2016
We Are On The Precipice
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Friday, February 12, 2016
Economy Stalled, Going DOWN - David Morgan
- Source, David Morgan
Saturday, February 6, 2016
Wednesday, February 3, 2016
Money & Metals with David Morgan
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Sunday, January 31, 2016
Ellis Martin Report with David Morgan at The Silver Summit
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Thursday, January 28, 2016
Sunday, January 24, 2016
Tuesday, January 19, 2016
Financial Avalanche Will Bury Most
Financial writer David Morgan says the global economy is cracking. Things such as shipping, manufacturing, retail and real estate sales are all headed down. Morgan contends, “What you are starting to see is those little rumblings that happen before the big tremor. That’s an analogy, but that’s what we are starting to see. . . . Nothing is more important than the debt markets and what is going to happen in the future.”
Morgan thought a financial crash would occur last fall. We may not have gotten a total crash, but Morgan says it has certainly started and charges, “Mathematically, it is a certainty. Secondly, the biggest knowledgefrom monetary history is that no fiat currency can go on indefinitely. They have all failed—100%. So, will the dollar continue indefinitely—it won’t. The hard part is saying when, but it will take place. The analogy on that is sort of like an avalanche. When it starts, it actually starts to move rather slowly, but it is a mass, mass times velocity. So, what happens is it starts kind of slow, so slow you might not even notice it. Then it starts picking up speed and picking up speed, and then bang, it goes from slowly to quickly. Most crashes are taking place. It is taking place, but what people don’t notice is it is moving or moving against them. It’s going to hurt them, and they aren’t aware of it until it is too late. Once it picks up speed, and it picks up speed so rapidly thatbefore you know it, they are buried. I think that is a good analogy for where we are now. . . . I think the avalanche started in September.”
Morgan says the Fed is on the back side of the power curve. What does he mean by that? Morgan explains, “Things are really at a standstill. This is really the biggest fear the Federal Reserve has. It’s called pushing on a string. If you push on a string, nothing happens. They have tried forever to stimulate the economy by increasing the debts, by increasing credit. The credit has all gone to the banks. Having an aeronautical background and flying for many years, it’s called the backside of the power curve. It means no matter what airplane you are in, when you get to a certain point and stall out, no matter how much power you give it, you are going to stall and you are going to fall. You are either going to have enough altitude to recover or you are going to crash into the ground. This is a perfect analogy for where we are now . . . I am not sure we have enough to recover this time. The Fed has been printing and printing and printing, which is the equivalent of pushing the pedal to the metal . . . and we haven’t got ou t of this mess, and you know it and I know it.”
Morgan thought a financial crash would occur last fall. We may not have gotten a total crash, but Morgan says it has certainly started and charges, “Mathematically, it is a certainty. Secondly, the biggest knowledge
Morgan says the Fed is on the back side of the power curve. What does he mean by that? Morgan explains, “Things are really at a standstill. This is really the biggest fear the Federal Reserve has. It’s called pushing on a string. If you push on a string, nothing happens. They have tried forever to stimulate the economy by increasing the debts, by increasing credit. The credit has all gone to the banks. Having an aeronautical background and flying for many years, it’s called the backside of the power curve. It means no matter what airplane you are in, when you get to a certain point and stall out, no matter how much power you give it, you are going to stall and you are going to fall. You are either going to have enough altitude to recover or you are going to crash into the ground. This is a perfect analogy for where we are now
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Friday, January 15, 2016
Fed Is Going to Stall and Fall
- Source, USA Watchdog
Tuesday, January 12, 2016
There is no run like a gold run… except for a silver run!
Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious
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