gold bottomIn his latest interview, silver expert David Morgan has joined The Doc’s December 2013 call for a bottom in the 2 year gold & silver correction.
Morgan states that the sell-off to end 2013 which marked a double-bottom in gold was highly unusual, and marked the end of the major 2-year correction in the monetary metals. 
Morgan states that the big gains in gold, silver, & the miners in 2014 has not caught him by surprise, and that the next major bull move is underway.
Morgan’s full interview is below:


 

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  1. A small confession   I absolutely hate being wrong. Hate it.   So the last 3 years have been more than a little humbling.
    Every guess at price was wrong, sometimes by 2-300%.   It was probably good for me nontheless.
    Now as to the correction.  
    If silver is a teacher, one that grabs you by the ear and marches you to the principal’s office for being a DA, then silver and gold, her cohort in humbling mortal men and women, are done with us then let her be done with us.  I got it!   Silver and gold will turn you every which way they can. If the correction is in the let it be correct for those long and strong true believers.  I got it!

    • On the other hand, @AGXIIK, those of us who have been buying continually over the last 2-3 years have a very nice stack now and have dollar cost averaged into a great position.  When metals prices rise, which they will and for all the known reasons, all will be well.

  2. Agree with you BayofPigs 100%.The correction is over!!. Really Mr Morgan(“silver has bottomed at $26″)
    Based on what?:Technical Analysis..tea leaves WHAT?
    As long as these  maggot bankers are in control( and they are ) and continue to manipulate which they continue to do How the hell can one of these “Gurus” come out and make such a blanket statement.
    The odds of him being correct are 50-50.So he has a 50% chance of calling it right.Shit at those odds even I have a good chance of calling it right.
    When the physical market takes over and Silver and Gold start moving up where they should be(sans manipulation) then Ill be a believer that the the correction is officially in.
    Dont get me wrong I like Morgan but Ive just had it with all this bullshit T/A which is useless  a completely manipulated paper market.
    End of Story.
     
     
     

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