Friday, November 25, 2016

Gold Bull Intact & Owning Miners vs Bullion

Is the gold & silver breakout failing, or just consolidating for the next leg of the current secular bull market? How impactful with the Chinese Yuan addition to the SDR be to global US Dollar holdings? How much gold do the US vs. China hold, and how will the answer affect our future? How does investing in gold miners perform vs. physical precious metals in a bull or bear market? What can the ordinary person do to reduce risk and profit at the same time? Silver guru David Morgan returns to Reluctant Preppers to give you the answer s you need to be aware and prepared now!

Monday, November 21, 2016

After the ship has sunk, everyone knows how it might have been saved

Over the course of this call, David and Turd discuss Comex silver, global silver supplies and how one might continue to add ounces and shares.

David Morgan of The Morgan Report sits down with Maurice Jackson to discuss the uniqueness and rarity of precious metals, while also addressing his thoughts.

Sunday, November 13, 2016

Three Reasons Why We’re in a Silver Bull Market

Morgan Report founder David Morgan reassures investors that, in his opinion, we’re in a silver bull market and, despite the recent weakness, that bull market is still intact. He also offers up his outlook for the silver and gold price by year end, saying the ‘smart money’ has already moved into the precious metals space.

Thursday, November 10, 2016

Gold and Silver Under the Trump Presidency

Analyst, author and speaker David Morgan was interviewed by INN CEO, Nick Smith, about the impact of the United States presidential election of 2016 on the price of gold and silver. In the interview, Morgan also detailed his outlook for the precious metals sector as well as copper in 2017.

On Donald Trump’s victory over Hillary Clinton, Morgan said, “It doesn’t really matter [which] candidate gets the presidency in the United States. The economic and financial conditions are entrenched so deep, and so far, and so wide that we have a precious metals bull market. That doesn’t mean there won’t be some short-term iterations, as we already experienced.”

Indeed, gold surged nearly 5 percent on the night of the US elections, and had its biggest single-day gain since June. Mere hours after – when Trump took to the stage for his victory speech – the price of gold plunged to $1,302.42.

“We had a huge percentage increase in gold that was basically washed away within a matter of hours. So that is a precursor, I think, to going back to the fundamentals. And the fundamentals are, there is a systemic problem, worldwide, based on a lie that you can print wealth. It’s been experienced through all the market places.” says Morgan. He adds that “To preserve your financial health, you will need the precious metals at some point in your life.”

Morgan’s outlook for 2017 is positive. However, When asked about the steady increase in gold and silver prices, he said “I am more favourable to a longer consolidation period but 2017 will definitely see a lift throughout the year.”

He is cautiously optimistic; when asked about the continued rise in the price of precious metals, here’s what had to say “I was asked recently if I thought that the peak of the precious metals would be on the four-year presidency of Trump, and I said no.”

However, he does see a higher price for precious metals in 2017 as compared to 2016.

Morgan suggests that investors should diversify if they are leaning towards the precious metals, and says “and then that portion of your portfolio, which I then recommend 10 maybe 20 percent if you are a full-fledged gold or silver bull.”