Saturday, July 27, 2019

David Morgan: Go Gold Go!


Once again gold bears tried to force the yellow metal down, and it appears they have failed. Going into the Fed testimony, gold was under pressure and looked like it might violate support, clearing the way for a breakdown. Surprise – gold held and rallied hard.

Since this latest rally in gold started, every time the sellers showed up, buyers defended their positions and overpowered the shorts.

- Source, David Morgan

Tuesday, July 23, 2019

David Morgan: The Gold to Silver Ratio, Keiser Report


In this episode of the Keiser Report, Max and Stacy discuss what central bankers have wrought by printing fresh money for the assets rich as demonstrated by Donald Trump’s Beverly Hills property increasing in value by 1.2% per month and doubling in about a decade. 

While the elite make off with the asset price gains, governments are driven into bankruptcy by the same financial collapse which enriched these elites and they are now shaking down ordinary citizens who are looking for pennies stashed in safe deposit boxes, as is the case in Italy. 

In the second half, Max interviews David Morgan of TheMorganReport.com about the gold/silver ratio and whether it matters in a day and age when silver has been largely demonetized.

- Source, Max Keiser

Friday, July 19, 2019

Great, Gold is on Fire, But What About Silver's Party?


Although gold has seen historically high gains this week, silver’s potential shouldn’t be overlooked, according to David Morgan, editor of the Morgan Report. 

“Silver is the only place to go at this level,” Morgan said. “If you get 92 silver rounds for what you get one ounce for, it pays to just buy the silver, wait, and swap it into gold when the ratio drops lower.” 

With the gold-silver ratio currently around the 92 mark, Morgan said silver is currently languishing; however, gold’s ongoing rally will push the silver price higher.

 “Gold is doing well, it will drag silver up,” he said. 

“Silver has become a bit of a different market since the advent of the cryptocurrencies… once monetary demand comes back, you’ll see silver accelerate because it’s a small market."

- Source, Kitco News