David Morgan: The Debt Crisis Is Around The Corner

Both the U.S. and Greece have big budget deficits and too much debt, but Greece is already facing its crisis. Could the U.S. face similar problems soon?

- Source, The Morgan Report

Can The U.S. Maintain Its Super Power Status?

Central Banks Dump Dollars and Buy Gold

The world's central banks are on a gold buying spree. But this time the motivations of the buyers are different than they were in years past, and they are worrying. 

That's why investors should take note. In the past, central banks had to buy gold because of its vital role in the global financial system. 

Now they are choosing to do so because they are worried about the dollar. 

In other words, they've been scared into this bullion buying binge. I wonder if they know something we don't know?

- Source, David Morgan

David Morgan Answers Your Questions

The Buying Power of the U.S. Dollar Is Shrinking

Remember, a lot of people think that inflation is what happens to prices. It’s not. Inflation is what happens to money. That’s where the word comes from. Inflate means to expand and prices don’t expand. Prices go up, prices go down. What expands? The money supply. It expands during inflation, it contracts during deflation. A result of an expansion of the money supply inflation is that prices tend to rise.

- Source, David Morgan