David Morgan tells Elijah Johnson that he has no doubt the long term secular bull market resumed after the PMs bottomed in December 2015. While he suggests holding physical metal as well, David says the mining sector is headed “much higher.”
Debt remains a major issue, says David Morgan of The Morgan Report in this interview. "The overall main theme about the debt bomb that I wrote about in 'The Silver Manifesto' just continues to get worse and worse, and no one's paying attention to it," he says. "But it can't be ignored forever.
I think 2018 is when it's going to be noticed — maybe out of the corner of your eye kind of thing — and then it's going to become more and more apparent as we march through 2018."
David Morgan of the Morgan Report sits downs with Maurice Jackson of Proven and Probable to discuss anomalies currently in the Precious Metals sector. Specifically, we will be discussing Platinum, Palladium, and Rhodium.
David will uncover the supply and demand fundamentals on mining, cost of production, utility, and ratios. Speculators will find some unique opportunities that these anomalies are creating. In addition, Mr. Morgan will address his thoughts on crypto-currencies.
Are they the future or just another doomed currency? Find out in this comprehensive interview by one of the most respected names in the Natural Resource Space.
Renowned Gold & Silver guru David Morgan returns to Reluctant Preppers to dispel the raging rumor that the Chinese government is issuing GOLD-BACKED OIL CONTRACTS denominated in Yuan, reputed to embody an emerging threat to the US Petro Dollar. Morgan goes on to illuminate the twisted illogic behind money flows that are seeking safety, and why you should be looking in a DIFFERENT place. Finally, Morgan shares some key insights from recent editions of The Morgan Report, and even the most recent PERSONAL ACTION STEP has taken to increase preparedness!
David Morgan tells Silver Doctors he is not currently bullish in the short term for gold and silver.
Gold could go sideways or slightly down, Morgan says.
Mining stocks are holding their own pretty well, Morgan says.
Morgan says equity markets are extremely overvalued. And things could turn around rapidly given the right circumstances. If there’s a reason to sell, watch out. “Panic is something that’s a very strong emotion humanly, and once that takes place it’s pretty hard to undo it with a quick press of a button.”
Lastly, Morgan discusses the confirmed information about China’s plans to role out a yuan-denominated oil futures contract. While it has been falsely reported this contract will be gold-backed, Morgan explains it still bypasses the U.S. dollar and is a threat to the petrodollar. This is a “game changer,” he says.
