“There Is True Value” and “Bargains” In Silver And Gold – Silver Guru
With blood in the streets across the entire commodities sector, Future Money Trends interviewed ‘Silver Guru’ David Morgan of the Morgan Report about the outlook for markets and why he remains bullish on silver and gold.
David Morgan astutely noted:
“At this moment in time, that we are truly at a level that it is really only the ardent silver bulls and resource investors who truly understand where we are in the market. Not only are we skipping along the lows, perhaps we can go lower, but there is true value here – in all aspects – not only in the gold and silver but also in the natural resource sector as a whole with bargains all over the place”.
People understand nothing lasts forever. The bottom does not last forever. You want to buy low and sell high.”
Futuremoneytrends.com Silver Sumit 2015: David Morgan Silver Update
According to Future Money Trends:
David’s analysis of the Federal Reserve (FED) is that they truly are in a real bind here. They want both a weaker dollar and for the dollar to remain the reserve currency. With a huge multi-year trend out of the dollar for major transactions amongst some of the top countries in the world, like Russia, China, and Brazil, the FED is likely now being forced to raise rates.
Though the rate increase will be meaningless for the most part, the FED needs to shore up support for dollar denominated transactions. An attractive dollar means the FED remains the manager of the top reserve currency of the world.
However, David said to expect the FED to quickly do what they can to weaken the currency later in 2016.
At the core of all of the world’s problems is debt. David believes that it is the ultimate debt bomb that will spark an avalanche of demand into anything precious metals.
He noted the supply and demand concerns for physical metals, but said the real market to watch is the debt market.
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Courtesy of http://www.goldcore.com/