Monday, August 29, 2016

Does The US Government Care More About Silver Than Gold?

David Morgan talks about the ongoing heavy hand that Western Central Banksters and governments have in the precious metals markets. Does the government care more about gold, or silver? Which has more of an effect on their plans and their ability to control the masses?

Thursday, August 25, 2016

SILVER CRASHES Below $17, What's Next?

David Morgan joins Elijah Johnson, where he discusses the volatile silver market. He hones in on the market and makes his predictions on what he see's coming next. Is silver destined to see new highs, or crash and burn? Watch the video to learn more.

Monday, August 22, 2016

David Morgan - We Have to Change the Way Money Works

David Morgan is an American author of the book "the silver manifesto". He is a well known expert on all things silver as well as the precious metals market in general. He has appeared on CNBC, Fox Business as well as many alternative media outlets. He also made an appearance on the "Four Horseman" documentary which is available to watch on youtube. In today's interview David discusses mankind's follies with the current bleak economic outlook among other things.

Thursday, August 18, 2016

It's Very Likely to be the Biggest Move in Precious Metals in Modern Times

As societal and political structures continue to breakdown worldwide, survival instincts are heightening. This inspires self-organizing communities and a decreasing confidence in central banking and other key infrastructures. Precious metals as a medium of exchange has thousands of years of tried-and-true history, so people run to these safe havens. David Morgan thinks gold and silver have already hit bottom, and because of the unique situation in the world today, he wouldn't rule out gold lifting to $10,000!

With silver, we are starting to see a contraction in supply, but the main thing driving prices up is the general public trend towards precious metals. When silver goes above $26, concurrent with gold above $1,550- and they stay there for a few weeks, we will see an acceleration up to the old highs. We should at least come close to this by the end of the year, and certainly by sometime next year.

One of the main reasons silver has been trading so differently this year is that many bullion banks are continuously short on precious metals, and as the price increases they continue to short. This builds up the open interest from the amount of metal that is shorted. The other side is taken on by the Shanghai Gold Exchange, which puts us in a position that we have never been in before. If you are producing a product and have a lot of capital tied up in equipment and labor, while legitimately hedging, the exchange will give you an advantage because commodities will actually be produced.

David thinks that precious metals stocks will eventually go down with the general market, but gold is the most negatively correlated commodity to the general market. Precious metals will be the first thing to come back up in a meltdown, followed by mining shares. Also, people will exceedingly flock to mining shares if the physical market becomes so tight that people aren't selling much.