Thursday, September 6, 2012

There's a Problem and It Can't be Solved

"My outlook is bullish on the metals, both short and long term. I think that the bottom is in for the mining equities as well as for the metals themselves. More and more people will realize that there's really no way out of this debt-based monetary system, whether it is about the U.S. reserve currency, the Eurozone or anywhere else on the planet that uses a fiat currency. There's a problem here and it can't be resolved. We're going to see more pressures to the commodity sector in general, particularly the precious metals."

- David Morgan in a recent interview with SeekingAlpha: