David Morgan Talks Precious Metals, Credit Purge and the Inflation vs Deflation Debate

Greenspan, Gold & Silver in 2015

Gold Standard Not The Issue, Human Beings Are...

David Morgan - Gold Standard Not The Issue, Human Beings Are.

Smart Wealth Radio - David Morgan

5 MILLION OZ Investment Silver BACKLOG

With gold and silver hammered again Friday and gold briefly breaking below $1100, Silver Expert David Morgan joined the show, discussing:

1. 5 MILLION oz Retail Silver BACKLOG
Morgan Breaks Down Physical Market: Shortage in the Wholesale Market, or Just in Retail?
2. At What Point Does the Retail Market Put Stress on the 1000 oz Bar Market?
3. Funds Attempting to Trigger $1070 Stops, Send Gold Towards 3 Figures
4. Closer to the Edge of the Cliff- "At Some Point, Something's Going to Give!"
5. Shemitah Week is HERE: Is the BIG ONE on the doorstep? Eric and David weigh in

- Source

Silver Update Plus Debt at the Center of the Black Hole of Our Problems

David Morgan provides a silver market update, plus the main problem America and the world has is what Morgan calls “the debt bomb.” He says the debt is at the center of the black hole of our problems. Morgan explains, “We are reaching a limit. All systems reach a limit. No tree grows to the sky.”

In March, Morgan predicted September as a time of increasing turmoil in financial markets and thinks it’s downhill from here. On the continuing turmoil, Morgan says, “It will be ebb and flow, but the trend is increasing, increasing and increasing. It will, unfortunately, in my strong opinion, it will get worse before it gets better.”

- Source

The Current Gold to Silver Ratio

The current gold-silver ratio implies to David Morgan is that silver is presently undervalued relative to gold.

According to Morgan the Gold-Silver Ratio is telling us something else that is important.

"If you have a real economy with sound money you get a deflationary trend. This means your money is worth more over time. It is beneficial to almost everybody. Silver is the best inflation edge and not the best deflation hedge. Gold is the best deflation hedge. Silver anticipated this huge inflationary environment back when QE2 was announced and moved from $26/OZ to $48/OZ. What happened was all that anticipated inflation didn't get into the market place because all the increased debt only resulted in re-liquifying the banks. They forced the money into the banking system and not out into the public sector."

David believes silver is currently a better buy than gold. He still believes silver will outperform gold.

"We are not out of the woods. There is a place for precious metals in your portfolio. 20% for "metal bugs" and 10% for the average public."

- Source, Silver Seek

Potential Rising Interest Rates

Many believe that rising interest rates will hurt gold. David fully expects the Fed to increase rates but sees it as being nothing more that "showmanship". David suggests that:

"his experience shows that it is when REAL RATES get positive that you COULD see gold impacted from an increase in interest rates"

"What you really need to know is what are the real rates versus nominal rates which you see iin the newspapers."

- Source, Silver Seek

Financial Repression

Keeping interest rates low is central to debt ridden governments surviving. Acording to David Morgan the government must keep rates low as long as possible but believes a reset of some sore is inevitable. David sees the mechanics and policies of keep rates repressed as fundamentally defining Financial Repression.

Financial Repression is like a big coffee press, pressing everything down and has suppressed the ability for us to have a free market and thereby enjoy the fruits of our intellect, labor, creativity and purpose as humans."

- Source

The Shemitah, Dollar Collapse and Precious Metals

Jeff Berwick interviews silver market expert and veteran David Morgan, topics include: the equity markets are very topped, Sept/Oct could well be a major break...

- Source

Money Metals Exchange Interview with David Smith of The Morgan Report

Listen to this tremendous and fascinating interview with David Smith of The Morgan Report, and regular contributor to MoneyMetals.com. David recently joined Money Metals president Stefan Gleason to talk about investment psychology, how you can discipline yourself to be a successful investor and what he sees ahead for the precious metals.

- Source

Greeks wondering what happened to referendum “No” vote?

David Morgan studies, history and how it relates to the unfolding Greek drama that is causing so much turmoil throughout the financial world today. This is not going to end well.