David Morgan, Publisher of The Morgan Report, discsusses the outlook for gold, silver, and how the gold "barometer is signalling "stormy times ahead".
This video is distributed on behalf of Kootenay Silver (TSX.V:KTN | OTC: KOOYF). Learn more about Kootenay Silver here: https://kootenaysilver.com/. Watch the last interview with CEO Jim McDonald: https://youtu.be/1_0TAFWwjLU?si=ltpDIlbR-47o6ILA
*This video was recorded on September 13, 2024
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0:00 - Intro
1:00 - Gold vs silver
4:19 - Silver as industrial metal
7:30 - Gold as a barometer
8:30 - Stormy times ahead
11:20 - Bankruptcies
16:00 - Inflation outlook
21:40 - Increased deficit
24:10 - Federal reserve rate cut
27:00 - Capital flow shifts
29:46 - Dollar outlook
32:30 - New monetary system
33:30 - Why hasn't silver hit new highs?
36:50 - Industrial use case of silver
38:20 - Silver mining
40:00 - How money controls us