The “Silver Guru” David Morgan joins Mark O’Byrne for Episode 8 of the Goldnomics Podcast. How will gold and silver perform as the current fiat monetary system inevitably collapses under the pressure of currency printing, quantitative easing, trade wars, currency wars and deepening geopolitical tensions?
• “End of Fiat Currency” and The “End of Empire“?
• Favoured Asset Allocation To Weather Financial Storm
• Exit Considerations – When To Sell
• The Safest Way To Own Bullion
• Is Debt Jubilee Primary Solution to Financial Risks of Today?
• Positive About The Future – Need a Spiritual Awakening Of Individuals?
Listen to the full episode here or skip directly to one of the following discussion points:
00:15 – Meet ‘Silver Guru’ David Morgan – one of the world’s leading experts on precious metals.
02:00 – Currency crisis in emerging markets and the future prospects of gold and silver.
04:30 – What’s the outlook for gold and silver, especially in areas having a currency crisis?
04:40 – Crisis expected for Anglo-American Empire’s fiat currencies. Very difficult to predict when but if forced to he believes will happen between 2020 and 2022.
05:33 – Are precious metals currently undervalued?
07:17 – When will fiat currencies end?
09:20 – Possible scenarios for the end of fiat currency regimes.
12:46 – Gold-backed Yuan: what should we expect?
13:43 – Yuan as a reserve currency, how possible?
16:00 – Global economic uncertainty, the end of fiat currencies and prudent asset allocation.
19:35 – Lending to Australian & UK banks: are European banks exposed?
20:09 – Precious metals allocation in the wealth mix. Is 20% enough?
25:14 – Upcoming crisis: what’s the right strategy for exiting the market?
26:02 – Protecting your wealth: avoid round tripping.
26:23 – Easiest way to tell if gold is overvalued.
30:10 – Precious metals manipulation and GATA’s allegations: True or false?
31:11 – Sharpe ratios, frauds and manipulations.
33:25 – Manipulated markets: making the right investment choice.
36:43 – Choosing the right storage means (allocated and segregated in safest vaults in sagest jurisdictions) and vendor for your precious metals. Morgan is a client and “owns metal” with GoldCore and refers his clients to GoldCore. If want security and real insurance “you should be willing to pay storage fees”
40:00 – Ensure you have direct access to your gold in terms of accessibility, portability, pricing and liquidity as provided by GoldCore
40:39 – Is a Debt Jubilee a solution to today’s financial challenges?
41:30 – Government debt: the worst and most unsafe asset allocation you can have.
43:00 – Is the end of the banking cartel in sight?
44:53 – Powerful creditors: Should we expect a debt jubilee?
45:54 – Is there a need to change the structure of the monetary system and how money works?
49:17 – Individual moral and spiritual awakening needed to overcome the significant financial and economic challenges in the coming years
54:04 – Join the Morgan report mailing list here and learn how to protect yourself with precious metals and access a host of other useful tools
News and Commentary
Gold inches down on firm dollar as China halts trade talks (Reuters.com)
John Paulson Joined by 15 Investors in Council to Oversee Gold Miners (Bloomberg.com)
One-Minute Gold Selling Spurt Sends the Precious Metal Reeling (Bloomberg.com)
Mortgage rates jump to four-month high as housing market hits a bump (MarketWatch.com)
Barrick Gold, Randgold in Advanced Talks on Merger (Bloomberg.com)
Gold Set to Soar Above $1,300, Bank of America Says (Bloomberg.com)
Source: Gold Industry Group
A change in central bank attitudes to gold (GoldIndustryGroup.com)
GATA asks CFTC if market rigging by U.S. govt. is legal (SilverDoctors.com)
Pepe Escobar Warns “Here Comes The 30-Year Trade War” (ZeroHedge.com)
Listen on SoundCloud , Blubrry & iTunes. Watch on YouTube below
Gold Prices (LBMA AM)
21 Sep: USD 1,207.60, GBP 914.88 & EUR 1,025.25 per ounce
20 Sep: USD 1,203.00, GBP 910.55 & EUR 1,027.72 per ounce
19 Sep: USD 1,203.00, GBP 912.48 & EUR 1,028.44 per ounce
18 Sep: USD 1,199.40, GBP 913.94 & EUR 1,026.81 per ounce
17 Sep: USD 1,196.80, GBP 914.00 & EUR 1,027.21 per ounce
14 Sep: USD 1,206.20, GBP 918.76 & EUR 1,030.58 per ounce
Silver Prices (LBMA)
21 Sep: USD 14.33, GBP 10.87 & EUR 12.18 per ounce
20 Sep: USD 14.23, GBP 10.75 & EUR 12.14 per ounce
19 Sep: USD 14.18, GBP 10.76 & EUR 12.13 per ounce
18 Sep: USD 14.21, GBP 10.81 & EUR 12.16 per ounce
17 Sep: USD 14.17, GBP 10.81 & EUR 12.15 per ounce
14 Sep: USD 14.22, GBP 10.83 & EUR 12.15 per ounce
Recent Market Updates
– Dalio Warns Of Dollar Crisis – “History Is Doomed To Repeat Itself”
– Silver Guru Video: “The End of Empire and End of Fiat Currencies”
– Silver Is ‘Undervalued’ Relative to Stocks, Bonds, Gold – GoldCore
– We Are In “Never Never Land” Accounting As U.S. Government Is “Missing” $21 Trillion
– This Week’s Golden Nuggets – BOE Warns Of UK House Price Crash
– Video: BREXIT To Contribute To London Property Bubble Bursting
– Australia’s Banking System May Be The “Bloody Big Butterfly” Which Triggers Next “Financial Storm”
– Ten Years Since Lehman: Biggest Driver of 2008 Financial Crisis Has Only Got Worse
The post Goldnomics Podcast: Silver Guru, David Morgan: Silver and Gold Will Protect in the Coming Currency Collapse appeared first on GoldCore Gold Bullion Dealer.
Wolfden Resources (TSXV:WLF) has announced that additional deep drill holes in the company's ongoing infill and…
Gold Set to Soar Above $1,300 – Goldman and Bank of America – Growing fiscal…
The finest-known 1792 silver half disme, once in the possession of then-Secretary of State Thomas…
In precious metals futures action Tuesday, gold and palladium climbed for a second straight session…
The finest known 1792 silver Half Disme, once in the possession of then-Secretary of State…
Great Panther Silver (TSX:GPR, NYSE American:GPL) has acquired gold producer Beadell Resources (ASX:BDR) in a…