“Things are probably fundamentally stronger for Precious Metals Investment than they’ve ever been” – David Morgan
Michael asked David to list the 3 Reasons To Be Bullish Silver Long Term. Here they are:
1. “Every paper monetary system in existence has failed. We are currently at a very unique point in that never in recorded History have we seen a situation like we have now where the entire Globe is dependent on a Fiat Currency”. David Morgan had 599 Fiat currencies in his Historical study, and every single one them was ruined for one reason or another.
2. “The evidence is that the US Dollar is down 98% from the founding of the Federal Reserve in 1913”. Specifically, the 1913 US dollar is now worth about 3 cents. “So the trend is clear and the evidence is clear from History”.
3. “The volatility in all markets spells uncertainty”. Whether it be Bonds, Stocks, or Precious Metals shooting up and then suddenly crashing, “the public is rushing from market to market because people simply don’t have any idea long term what is safe and stable. Over time, more and more people are going to run the currency of choice that has lasted thousands and thousands of years, and that is of course Gold & Silver”.
Mike’s entire fascinating 21 minute interview with David Morgan below.
{mp3}mtdavidmorgannov32{/mp3}
