In 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:
In this excellent interview, the Morgan Report’s Senior Analyst David Smith discusses the difference between paper positions and holdings of precious metals and the real deal- and likens paper metals to empty ammunition shell casings.
Do you hold precious metals ammo, or simply the empty shell casings?
Full interview with David Smith is below: [Read more...]
In his latest interview, silver expert David Morgan discusses what to expect from the silver market in 2014.
David gives us an excellent education in the world of silver for investment purposes as well as for wealth preservation.
He reminds us that all of history tells us that our current economic system is destined to fail.
David Morgan’s full 2014 Silver Survival Guide is below:
In his latest interview, silver guru David Morgan discusses why the current price of silver (sub $20) is not sustainable for primary silver mines as we are UNDER the cost of PRODUCTION! [Read more...]
Precious metals expert David Morgan says, “I think 2014 is going to be better for both the metals.” Morgan is not “exceedingly bullish” on gold and silver, but he says, “If a black swan were to take place, all bets are off. This is where you could get limit-up days in gold and silver and never look back.” On the stock market, Morgan warns, “The insiders are already out . . .They’ve left the patsies holding the bag, which is the general public for the most part.” Morgan goes on to say, “As the general market goes down, you are going to see gold go up.” On the Federal Reserve, Morgan says, “I think they are really having more sleepless nights than they portend. . . . When there is a panic selloff in the bond market, and I think this will happen at some point, when there is a panic sell off and they have to stop bond trading . . . when there are nothing but sell orders, you’ve got a market crash.” Morgan contends, “The financial system on a global economic scale is in a place that has never ever been established before. So, it is very difficult to forecast how it will unravel.” But, unravel it will. That’s why Morgan says, “This is why I am such an advocate of hard money, gold and physical silver. You want to be early. You don’t want to be late.” What will the price of gold and silver be this time next year? Morgan says, “I think we’ll see $30 to $34 silver and $1,700 gold by the end of 2014.” Join Greg Hunter as he goes One-on-One with David Morgan. [Read more...]
In this excellent interview with Sprott’s Ask the Expert, David Morgan dives into gold, silver, bitcoins, and manipulation.
Should PM investors exit the manipulated gold & silver markets for the unregulated manic bitcoin market?
David Morgan on Bitcoin, QE, & his 2014 outlook for gold & silver. [Read more...]
David Smith, senior analyst for the Morgan Report discusses why it is now time to acquire physical gold & silver.
Smith states that once the market fully realizes the extent to which China is absorbing global supply, the precious metal sector will be frantically chased to the upside in an epic short covering squeeze.
The end of the year is in sight, and many investors will soon be forced to take painful losses. David H. Smith, senior analyst at The Morgan Report, says that smart investors will take care to cull the weakest mining stocks from their portfolios and reinvest the proceeds in truly undervalued companies. In this interview with The Gold Report, Smith contends that once the market has worked through this process, a rejuvenated bull market in precious metals will eventually lead to a vertical rise in equities, with platinum group metals leading the way. [Read more...]
David Morgan’s mining analyst for the Morgan Report discusses China’s massive import of 130 tons in October alone and unprecedented global demand for both gold and silver, while the cartel prepares to send paper metals prices to a re-test of the June lows of $1178 and $18.
Are new lows and the best stacking opportunity since 2008 imminent? The Morgan Report believes silver will hold, but gold is heading back to $1,000 in December! [Read more...]
David Morgan joins Ellis Martin to discuss JP Morgan Chase’s upcoming dictate to limit out of country wire transfers as of November 17, 2013.
Will there be a bank run and an economic collapse caused by a banking system failure? What do the banks know that the country doesn’t?
Morgan also discusses the historical perspective for returning to a gold standard, and his current outlook on the metals. [Read more...]