Video Rating: 4 / 5
David echos the advice we’ve been giving here on The precious metals will always be volatile in the short run but if you invest for the long term you will ride the long term precious metals march upward and you will profit. If you try to time it in the short term you will often be blindsided by unforeseen forces like market manipulation, short selling, silver manipulation.
This is an election year so its almost a foregone conclusion. Politicians love to make promises since it wins elections. They love to kick the can down the road for the next guy to clean up the mess. Tricks like quantitative easing just means they are printing more money. But the law of supply and demand means your dollar will be worth less.
41 thoughts on “David Morgan SILVER Update!”
Morgan is not bullshitting here – he did call 26 as the bottom…if that is indeed the bottom
Looks like America wants Mitt Romney, the JP Morgan appointee so mash the gas peddal on gold and silver buying cause we will see more war, more laws, less freedom, more inflation. U.S. right on course for failure.
Well put together video, alot of good facts about the silver prices,the market, and striking process of making the coins !!
Dealers pay at least a buck over Spot for Eagles – some up to $2.00 / Apmex is the way to go
usa wont fall and silver wont be 500 $ oz in your live time
@Bulliondon So now David Morgan is a silver priest and is praying on the silver community?
I dont trust David Morgan… I think he is playing/praying on the silver community…but that is just my opinion.
@mnesbitt100 I just went to Apmex and they are paying $35.33 for Eagles,the rate right now is $36.43, so that would be $1.1 under spot.They must have gotten a supply in.
David said silver is coming down due to chart mechanics.It might,but the reason it is up is because the dollar went down and gold/silver ratio is still 1:51 and the bad economy is driving folks to silver as gold is too high.There is a paradigm shift bringing silver up,not chart mechanics
Also, he says that dealer won’t pay more for an Eagle compared to Sunshine. Thats wrong, Eagles always sell for more than generic silver. One reason is its currency..
@mnesbitt100 Fuck Selling before its overvalued….then who gives a shit about $1.50, if I’m selling for 1000 still made my money back.
@nld1960 David Morgan just said that when sell your silver eagles you will get the spot price. Go to APMEX and you will see that they will buy the eagles from you at $1.50-1.60 over spot. I don’t know what he’s talking about.
Has David Morgan ever been wrong? About Silver, that is?
But according to economic theory the consumer determines the price based on marginal utility. The prise isn’t based on production costs instead the production costs are determined by the consumer and how much value they place on the product. Am i wrong? If not it’s not because it costs more to make the coins but rather people are just more willing to spend more on the pysical.
i just burnt my tongue
Great video for the novice. New stackers/investors, must watch!!
Thanks for making an appearance in Vancouver and giving a great talk at the conference!
The devil is losing and at the end will be judged for all the crimes. Live at the full in the freedom of GOD (praying in a right form, following the INSTRUCTIONS in the Bible – keeping the 10 commandments – including keeping the Saturday as the 7th day etc.) instead of in the incapacity and deception of devil. Jesus Christ is the savior, love and hope.
This is like looking into the future.
@obummersux Look up Eurodollar on Wikipedia
Ha, ha – you americans, very funny, very naive. Thank you very much for distracting yourself with silly war against terror, while we take over your country by taking over dollar and economy. Now party is over, now you our slaves – now you silence, now you learn mandarin quick and work hard! Time is money and you owe us much more than you have!
August 2nd is Payday!
@hstone39 think we have that long?
note she said euro dollar deposits ….. the euro wasnt created till nineteen ninety five… hmm makes u think doesnt it?
fed gives funds freely to the banksters!
It won’t look good a year from now or 2 years from now if we do nothing.
this is just incredible of how our future was predicted years ago. Well what do you expect when you take us off of the Gold Standard, the most absolute stupidest thing a ruling country could do. Now , the fascade will come to an end, thank Goodness. keep stackin and get all the silver you can get your hands on, remember silver is currency and has a real need such as industrial use. Gold is just a store of value and hardly used up.
@acuriousbeast I think I watched this one a few years ago AuPgdZeAFjA
It was quite entertaining too.
I saw this the other day when a friend liked it. It was still good on a second view. I don’t spend a lot of time thinking about economics but I do think a lot about silver. I don’t think precious metals will be valued in dollars for much longer, probably in yuan. We just need to face the facts, we have let this country get ruined beyond repair, every day there seems to be less and less worth salvaging. I mean ‘we’ generally. I know some of us have tried very hard.
morgan agreed with poop-plava that there was NO silver shortage and that max keiser was “stupid” . and then they came out a week later and re-iterated the same statements. morgan and poop were in fact wrong and stupid!
GREAT GREAT Video!! THANKS for bringing this out! Movies imitate real life of our future!
I have always followed your advice, because your predictions on silver and gold were always very accurate. I have done research myself and trends and they all lead to the same conclusions as you. My dilemma right now though is: “is it too late to buy silver???? will it reach the 100$?????” Please, give me your contention on the topic.
Really cool Vid
@MisterSilverBug Never in thousands of years (Indeed the history of mankind), have there been 7 billion mouths to feed, all dependent on a just in time fragile food production system. One that is designed to produce corporate profits, and food second. Dependant on cheap and readily available oil to grease it’s wheels, and shipped thousands of miles from farm to table. @MisterSilverBug, as you are aware… All values depend on supply and demand. No food on the table, = 1:1 ratio with gold.
@GoatHollow The gold to wonder bread ratio has never gone 1:1 in thousands of years
@MisterSilverBug Gold at $2000 means nothing…. When a loaf of Wonder bread is also at ===>$2000
Interesting. Didn’t even know this movie existed.
@acuriousbeast: Thank you so much! If you’re on Twitter you can find me there as well: @silverguru22 .
Bullion grab what you can get.
I always take the opportunity to listen to David Morgan. Thanks for posting this.
@danbuck333 Thanks, read my other comment.. I figured it out..Rocket Science can be difficult sometimes!!