Greece, Elephants, China’s Gold Buying Spree
David Morgan, AKA The Silver Guru, is asked about the Greece financial disaster and what his opinion on the possible fallout might be. With that David talks about Greece, Elephants, China’s Gold Buying Spree. David feels that it could be the start of a domino effect. At this point in time there was some thought about Greece exiting the Euro Zone. David feels there are going to be big problems in the financial system going forward. David makes that analogy of viewing individual parts of an elephant that has skin cancer through a small narrow opening that only allows you to see one particular part of the elephant. So if you were just looking at a foot for instance and we will call it Greece and come to the conclusion that is the only part of the elephant that has cancer you would be mistaken. Because if you changed your small window to the other leg and saw some skin cancer there and concluded that was the only area of the elephant that had skin cancer you would be wrong. Because if you pulled off the entire curtain to reveal the entire elephant (the financial system) you would realize that there was skin cancer all over the elephant.
David talks about China’s gold buying spree around the world. They are buying both above ground stocks and future gold production. David would not be surprised to see a gold backed currency in China’s future..
Learn more about the products and services David Morgan offers visit his resourse page here at David Morgan Resource Page
Purchase a copy of David Morgan’s new book The Silver Manifesto This book is a very complete discussion of the past history of silver as a stable monetary system. David then discusses the place o silver as both an investment vehicle and a industrial commodity that is essential to many of the devices we depend on today. David also talks about what he sees for the future investment potential from silver.
Get your free Precious Metals Buying Guide – Enter your email at PreciousMetalsInvesting.com
Email us at email@example.com if there is a precious metals expert you would like me to interview or a question you want answered. Suggestions and comments are welcome.
Listen to the Precious Metals Investing podcast. You can find it on both iTunes and Google Play Music for android users.
Precious Metals Investing podcast on iTunes
Precious Metals Investing podcast on Google Play Music
Please subscribe to David’s Youtube channel and share with your friends—
Book–The Silver Manifesto: http://www.TheSilverManifesto.com
Precious Metals Savings & Affiliate Program: http://www.Silver123.net
Join The Morgan Report on our other social networks:
Free e-letter http://www.silver-investor.com/joinfreelist.html
The Morgan Report is offered at differing membership levels depending upon your needs and involvement in the precious metals/resource sector. In a very general way TMR provides information on Money, Metals and Mining to maximize that 10% to 20% allocation to precious metals through maximizing the risk to reward profile. Our Premium Service is best suited to the serious and experienced investor.
Video Rating: / 5
2 thoughts on “Greece, Elephants, China’s Gold Buying Spree – David Morgan”
I am a silver gold lead brass bug….with that said David the cartel has stuck to me pretty bad ,my faith in real money is unnegotiable but my drop in pm value freaking hurts !!
What about the rumor of Mexico Nationalizing all the Silver Mines…?