- Source, Cambridge House
TRACKING THE SILVER INVESTMENT GURU, DAVID MORGAN - AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Thursday, June 27, 2019
The Best Gold Discovery I Have Seen In 40 Years?
Saturday, June 22, 2019
Tuesday, June 18, 2019
David Morgan: Silver is Dead Now but will Rise Again
And precious metals always have been exactly that. And select miners are truly killing it. But it's going to take a catalyst to send prices forward. Or as David says, "Two black swans crashing into each other."
- Source, FSN
Friday, June 14, 2019
Wednesday, June 12, 2019
We Will See People Flocking To $30 Silver Says David Morgan
“I don’t give up, and not because I’m stubborn. I’m seeing positive things in the gold market, once you get through $1,300 and level off and get through $1,350, I’m absolutely convinced the bull market is finally back and silver will follow,” Morgan told Kitco News on the sidelines of the Vancouver Resource Investment Conference.
Morgan noted that competitors such as bitcoin and cannabis stocks have contributed to investor capital flowing away from silver.
- Source, Kitco News
Friday, June 7, 2019
David Morgan: No Place Else to go but Gold and Silver
Morgan explains, “If we see the equity market start to fall off in a major correction, I’m talking more than 20%, I think you will see a run to gold and a confirmation in the silver market. In my analysis, I’d say we are on our way up to the largest move in the precious metals market I have probably ever seen in my lifetime.
There will be a run into gold because the bond market is really not a safe haven as it is touted to be. How safe is something that there is $43 trillion ($22 trillion official federal debt and $21 trillion ‘missing’) in debt that cannot be repaid in any way, shape or form?
You’re going to pay it off in dollars, and you will just print the money up and you will have it worth less, and worth less, and worth less, and then it’s worthless. Or, you are going to have to see these bonds default where you are going to get 60 cents on the dollar, or 50 cents on the dollar or 20 cents on the dollar. That’s more unlikely.
The most likely case is that they will just print their way out of it, which means you are defaulting on the currency itself. Once that psychology hits the market, there will be a run to gold that will be unbelievable.
There will be no place else to go.” Morgan warns, “I think you have three to five years at the most where you see this blow off, where you see things go back to the mother nature of finance. These things will get reset.
What does that mean? It means everything will get repriced: the stock market, bond market, housing market, commodities market, money itself, interest rates, everything.
Everything that has to do with the way we operate in the financial sector gets repriced.” Rapid inflation will come at some point, and Morgan says, “That is what the banking establishment fears the most. Once that happens, it means they have lost control.”
- Source, USA Watchdog
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