In this video David Morgan is interviewed by Elijah Johnson of Silver Doctors. Also on the interview are James Anderson and Eric Dugan. We start out with a discussion about the Fed Interest Rate hike. FANGS and social media stocks are leading the stock market down. Selling in Chinese Stock Market. All confirming indicators that indicate where we are in the stock market say we are headed down. Silver is correlated with the oil market. Miners are looking like they are coming back to life. Gold stronger. Trade war is probably going to be the catalyst for change. Possible trade ware with China. The question is whether this is something Trump is thinking out ahead of time and considering long range implications or not. Actions like this don’t generally work in the long run. I can’t guess what Trump is thinking Debt Markets All confirming indicators indicate we have turned in the stock market. David expects gold to lead with silver following.
If there was a currency reset who would end up on top? The countries that have the best gold backing for their currency. If there ever was a currency reset Russia would be in a good position. China would also be in a great position. Although we think they have been accumulating gold we think their accumulation is even larger given that they don’t report all of their accumulation.
If we get into a trade war with China it could get really ugly. They could take action in the financial markets. They could stop buying US Treasuries. Think of what that would mean for US debt markets.
There are geopolitical aspects of this that need to be considered. In terms of empires the US is in a slow decline while China is rising. When David was asked if he though it was going to get worse from here he said “Oh YEAH”
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