Silver expert David Morgan tells Silver Doctors he expects $1400 gold in 2019. Above that level, there’s not much resistance until $1600…
Morgan says we’re seeing stagflation. While the global economy is shrinking, prices continue to rise.
The yield curve has inverted regarding the 3 Month and 10 Year Treasuries. This signals a recession, Morgan says.
With respect to the stock market, he sees weakness in the Dow, and sees it going lower. Unless the Dow gets above 27,000 with strong volume, he is not optimistic.
Morgan sees a crisis ahead, but should people be afraid?
No, says Morgan. “The more aware you are of it, the more prepared you are mentally.”
Tune-in to the interview in its entirety below:
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.