The Morgan Report

David Morgan joins Dan Ameduri to get David’s latest thoughts on where precious metals are headed for 2017. David’s got an interesting speculation. Markets are looking up because the psychology has improved, not necessarily because of Trump, but things are just looking up in general, better than they’ve looked in a long time. Commodities are looking better than they’ve looked in years. The white metals are looking pretty good, platinum and palladium are up so far in 2017. Most of the mainstream is looking for a more positive outlook for the year. Interest rates have put in their lows and they’re looking higher for the year. While higher real interests may be bad for gold, we’re not necessarily going to see them here. Listen on for David’s pick.

Three top speculations for 2017. Here are David’s three top inside scoops for the year. First one’s shares have been halted. They’re in a dispute with Barrick but it should be resolved soon and David will let you know when that happens. Next, the next one could be a huge producer and could pay off big, perhaps 10-20 times. Has energy exposure and other benefits and available now. Third one is an off-shoot of another Morgan Report pick. It’s going to be spun-off from that pick if the shareholders approve it. Check these out at theMorganReport.com

David discusses his book Second Chance on Joe on Realist News. There’s three phases of each bull market. 90 percent of the move comes with the third phase. That’s why you’ve got a second chance as described in David’s book. So don’t be discouraged. Don’t give into the fear that you’ve missed, but don’t let fear dictate your investment decisions either. The run to gold is going to be a huge panic move. It may not take place, but something close to it will, according to David. Never buy too much. But get ready. It will be the biggest market we’ve ever seen.

Kenneth Ameduri and David Morgan go way back. They discuss the shift in investor psychology and the economic prospects for 2017. Markets are first and foremost pyschological. Trump's election seems to have tipped the tables. China's doing better, commodities are stronger, platinum and palladium are up. Interest rates are going higher, the top of the bond market is in. There's a common misunderstanding that higher interest rates are bad for gold, however, it's higher real interest rates that are bad for gold. We are still in an environment where real interest rates are negative. In a stable monetary system you actually get gentle deflation. We won't have to worry about that for a while. David also talks about one of his investor picks, SilverOne.

Mike Maloney and David Morgan talk about the recent evidence of Deutsche Bank, UBS, and Barclays colluding to rig the silver markets. Also, they cover where stocks and speculation belong in precious metal investors’ portfolios.

If you enjoyed watching this video, be sure to check out the Hidden Secrets of Money website at https://www.hiddensecretsofmoney.com/. It’s a world-leading educational series by Mike Maloney, the bestselling author of the Guide to Investing in Gold & Silver. As Mike explains in the series and his book, we live in an economic system that is made complicated by design. Basically, it’s set up so most people don’t even try to understand it. In Mike’s videos, he breaks down these concepts using easy-to-follow analogies, real pages from history, and animations that tie it all together.

David Morgan joins Silver Doctors with a word of warning. Morgan says changing the president is like changing the captain on the Titanic. The ship is sinking. The issues are systemic. Trump can’t put us back on track to overcome the debt burden.

Morgan says people may feel a “Trump Euphoria” for a while. The stock market will continue to rise beyond reason.

Where are precious metals headed? 2017 should be good for gold and silver, Morgan says. He expects gold and silver to rise starting around Trump’s inauguration. Morgan says investors may hedge their stock portfolio and move towards precious metals.

Kerry and David explore the current state of the markets, and big trends that are reshaping the economy. Kerry asks if anything new is happening at TMR which triggered the response of a new company spin off just announced by one of the speculative holdings in The Morgan Report and details were sent to all website members last night (December 14, 2016) using the unique alert system exclusive to TMR members.

David Morgan on the gold and silver rally after the US presidential elections, the silver fix and its repercussions, and the effect of a Fed rate hike.

Last time INN spoke to The Morgan Report author David Morgan was right after Donald Trump won the US presidency, and prices of commodities were surging. He says, “A lot of people anticipated a rally, but it happened in a space of 24 hours.”

On election night, gold surged nearly 5 percent–its biggest single-day gain since June 2016. But when Trump took to the stage a few hours later, the price of gold plunged to $1,302.42. Gold dropped even further to $1,217.25 on a stronger US dollar and an anticipated Federal Reserve interest rate hike in December.

Morgan believes that metal prices are not going to see new lows, as “the low was [in] last year, November-December 2015. Certainly we’ve given back a lot of the gains.”

He also said that a Fed rate hike will not impact the precious metals market and said, it will have “very little effect–it is already priced into the market.”

The silver fix and its repercussions

INN asked Morgan about the latest development on silver price manipulation. He questions that maybe more is to be revealed and says that it can have a lot of repercussions on how the market will move forward in 2017.

Back in April, Deutsche Bank settled lawsuits on gold and silver price manipulation. Recently, court documents have resurfaced and UBS Group AG, HSBC Holdings Plc, Bank of Nova Scotia and other firms have been named as part of the silver market manipulation. The Financial Post reported that plaintiffs have now named other banks such as Barclays Plc, BNP Paribas Fortis SA, Standard Chartered Plc and Bank of America as part of the scheme.

Part 2 of a great interview. The magic continues

David Morgan and Mike Maloney sit down at the Gold and Silver Summit to discuss the next recession and what affect a Trump Presidency will have upon it.