David Morgan: The Economic Impact of the Corona Virus

Nearly two decades have passed since a virus known as SARS emerged in China, killing hundreds of people and sparking panic that sent a chill through the global economy. The coronavirus virus now rampaging across China could be much more damaging. What does that look like for the economy?

- Source, David Morgan

David Morgan: Viral Virus or Contained?

This beast is moving very fast. Will the coronavirus be contained—or go pandemic? As this outbreak continues to spread across China and elsewhere, is there clearer picture of how the pathogen behaves and the key factors that will determine whether it can be contained?

- Source, David Morgan  

David Morgan: Silver is the Most Undervalued Metal Out There

Precious metals expert and financial writer David Morgan says silver is still 65% off its all-time high and is a much better value than gold. 

Morgan points out, “Relative to all asset classes, I can’t think of one that is more undervalued than silver. 

If you look at every asset in the metals world, meaning base metals, anything to do with the periodic chart, every one of them has obtained a higher price level than it was in 1980 except silver.”

- Source, USA Watchdog

Mining News First Majestic's Neumeyer takes top prize as silver miners dominate Kitco's Mining CEO award

The voters for Kitco News’ Mining CEO of the Year survey have spoken: 2019 belongs to the year of the silver miners.

The top two CEOs in 2019 garnered nearly half of the votes; both were also silver producers, with Keith Neumeyer, CEO of First Majestic Silver taking the crown, followed closely by Eric Fier, CEO of SilverCrest Metals.

The race for the top spot was close this year, with Neumeyer narrowly beating the runner-up, Fier. In third place was Randy Smallwood, CEO of Wheaton Precious Metals.

In total, 3,177 ballots were cast, with the top three CEOs accumulating 23.1%, 20.9%, and 6.9% of votes, respectively.

This year, Rob McEwen of McEwen Mining was retired to legacy status as he had already won three times in a row in prior years.

The tallies came in as 2019 saw silver lag the gold bullion, a rarity in the history of the metals that have historically seen silver outperform its yellow metal counterpart during periods of bull rallies.

However, silver investors have shown more fervor in the wake of a price rally this year, even more than gold investors, said Brent Cook of Exploration Insights, who remains positive on silver prices.

"Silver attracts a very rabid crowd as opposed to gold, and silver bugs are much more passionate. We've seen silver start to move. Everything I see says that gold is set to do well," Cook told Kitco News on the sidelines of the Vancouver Resource Investment Conference. "This is going to be a good year."

David Morgan, editor of the Morgan Report, shared Cook's sentiment.

"Silver has got some attraction in a bull market that gold doesn't have," Morgan told Kitco News, adding that silver miners have been known to produce higher returns for investors during bull markets.

"At the top of the market, a good silver producer will trade at 50 times earnings. A good gold producer [will trade] at 30 or 35," he said.

- Source, Kitco News

David Morgan: I believe in this gold price story, and silver is on its way

An equities correction in 2020 may be the catalyst that silver and gold investors finally need to see a breakout to the upside, said David Morgan, editor of The Morgan Report. 

“We’re going to see more of a move to safe haven status, and I think a major fact will be the stock market,” Morgan told Kitco News on the sidelines of the Vancouver Resource Investment Conference.

- Source, Kitco News

GR Silver's President and CEO, Marcio Fonseca, is Interviewed by David Morgan

GR Silver recently changed its name from Goldplay Exploration Ltd to better reflect its focus on silver projects in the "Gran" Rosario Mining District. GR Silver has successfully consolidated a district-sized portfolio, owning >250 sq. km of mineral concessions in the historic Rosario gold-silver Mining District in the state of Sinaloa, Mexico.

Its flagship project, San Marcial, consists of a 1,250-ha land package located south of the La Rastra and Plomosas historic mines. San Marcial is a near surface, high-grade silver, lead, and zinc open pit amenable project for which a NI 43-101 resource estimate was completed by GR Silver in early 2019. Additionally, bonanza-grade gold was drilled in July 2019 at San Marcial, opening the potential for further gold success.

GR Silver's 100% owned El Habal precious metals project is located 20 km west of the San Marcial Project. It comprises 3,700 hectares and is located 75 km southeast of the modern coastal port of Mazatlán, and 10 km on a paved road from the historic mining town of Rosario, Sinaloa, Mexico.

GR Silver's current focus includes expanding its NI 43-101 resource estimate at the San Marcial project, which contains 36Moz AgEq (indicated) + 11Moz AgEq (Inferred), by defining new highgrade gold and silver targets along the project's 6 km mineralized trend. GR Silver is the first company to perform exploration work and to drill at San Marcial in over 10 years.

It is a low-risk development stage project, fully exploration permitted and supported by the local communities to carry out all proposed exploration activities. A 6 km trend has so far been identified, highlighting the significant potential for further discoveries. The Company has identified 8 high-priority targets along the 6 km trend and in 2019 drilled preliminary holes into three high-priority targets at Faisanes, Nava and Guacamayo.

Some of these exploration targets consist of old shallow pits, caved shafts and historic shallow underground workings in areas with extensive hydrothermal alteration, hosted by major regional structures in a felsic volcanic environment. Mapping and sampling by GR Silver have revealed evidence of dacite-rhyolite dome structures in a highly prospective geological environment for additional high-grade gold and silver discoveries.

- Source, Yahoo Finance

Silver Could Blow Through $50 And Be At $85 Only 5 Days Later

Silver could blow through $50 like a hot knife blows through butter and keep on going, and it could happen very fast. David explains that, and he offers his insight on gold, the Phase One Trade Deal, the "booming economy" versus "already in recession" narrative, and much, much more.

- Source, Silver Doctors

Clif High Interview with David Morgan