David Morgan: Gold is Doing Its Job, Right Now

Although the gold market this past month has suffered from the same volatility of the markets the yellow metal has done its job amidst a health and economic crisis.

- Source, David Morgan

Investing in Gold, Silver and Mining Stocks During These Volatile Times

Host Mark Yaxley interviews precious metals expert, macro economist and founder of the Morgan Report, David Morgan. David shares his thoughts on the state of the economy and provides his outlook for gold, silver and mining stocks in these volatile markets. 

A precious metals aficionado with degrees in finance and engineering, David founded The Morgan Report, a monthly report that covers economic news, the global economy, and teaches investors how to make substantial capital gains by investing in the resource sector.

- Source, SWP

David Morgan of The Morgan Report at Metals Investor Forum

Buying Silver At Spot Price, Is This Still Possible? Or is It Now Impossible?

Typically, my answer to that question is yes and no. Purchasing silver coins or bars at the spot price would be similar to attempting to buy a car for just the cost of the auto-making materials, such as steel, aluminum, glass, and rubber. 

You can buy silver close to spot price if you buy off the exchange. Or, using an automated gold and silver saving program, you can take delivery of 1000 oz bars at close to spot price. 

Why? Because there is no manufacturing involved. If you want Silver Eagles, then you pay a premium just like everyone else does. 

But remember, you only pay when you cash out your silver, not when you buy. You can take delivery later on when the premiums are back to normal.

- Source, The Silver Investor

David Morgan: The Eighth Wonder of The World