Love this guy, gold/silver recently had a drive by shooting by the big boys to drop prices, i agree with David Morgan silver will hit $60 around Dec 2012 if you can buy under $30 you have a great barging. When the economy his low silver tends to fall and gold rises when the economy rises so dose silver and gold drops, so now might be the best time to buy silver and sell gold.
I'm fucking amazed about the short investment horizons of people i know. They all expect a return of 29% in a weeks timeframe and whenever i talk to them about silver and gold and say that in 2 to 3 years time there will... They lose total interest. How do you invest with that short of a timeframe without betting the farm in options?
If you hate the comments, then don't read them... this is an open forum where users and listeners are able to post opinions and exchange thoughts and ideas. Real good idea, collectively calling commentators morons
haha.... they're scaring everyone into dollars. Oil isn't cutting it, cause demand is low, keep stacking 2012 budget is estimated at 4 Trillion dollars :)
R.I.P Osama Bin Laden + Kim Jong iL.The international hero against Americunts and UNJustice.The names will always be remembered in our chinese hearts.I will spend 500 million yuan to open musea in Shanghai and Beijing city to show people those names.And we hope our premier president will not be soft like now.Victory is ours and death to unjustice fuckers
@SuperDonttreadonme Yep, exactly! Ive been hearing all these PM pimps saying silver will be $100, gold $3,000....hell mid-year one big gold guy was saying by year end gold would be $5,000 remember that? Its all wildly manipulated, so people thinking theyre going to outsmart the big banks SHORT term are simply on crack....PM's are probably a 10 year hold, and even then, who knows? Those looking to PM's to double their DOLLARS are completely lost fools.
If people really want to be enlightened with the entire global picture, they need to read Currency Wars by James Rickards. It goes much deeper than just inflation causing commodities to rise. I'm not much of a fan of these silver gurus. I believe they get stuff right occasionally but they miss the main influences of price moves. I agree with David on the slow Q1 for 2012. Next summer should be exciting.
I see alot negative comments about silver. When it was trading at $49 per Oz it was great and now it's under $30 per Oz it sucks. People learn how the markets work for every seller there is a equal number of buyers. The contracts traders are selling are going from the weak hands to the strong the hands. Strength is found in the selling price bars. Once demand is greater then supply then the market will continue higher.
You are a not an intelligent person. This can be proven, for based on your comments, you've confirmed one of the following is true: A. You invested in silver for all the wrong reasons, wrong understandings, wrong time frame, and solely on the advice of other people (this makes for a big idiot), or B. You are lying to build a case against silver for whatever "reason" (this makes you also an idiot, as well as a shill/troll).
Sounds like I touched on a sensitive spot for you eraser? I'm assuming you must see quite a bit of truth to what I said for you to become so agitated and upset? It's pretty easy to see here who the real unintelligent person is based on your reply.. I don't see any counterarguments in your post and I don't remember doing any name-calling in any of my posts... but of course, that's typical of how an "unintelligent" person debates a topic... angry emotion and namecalling
And no, I'm not a troll/shill, just a normal guy who bought a bunch of silver and realizes that everybody was wrong, including me. The only asset that the pundits warned against, the dollar, is the only asset which performed extremely well in 2011... looking back, it did seem rather strange to see the same old arguments in favor of PMs, touted about by pretty average people... the sooner you can admit being wrong, the easier it is to move on....
It's funny how people say someone is talking shit and write them off completely just because their timing is off, look if we could all time things to go perfectly we wouldn't be in such an unpredictable environment such as the markets in the first place would we? Herp derp.... David Morgan is right on one thing for sure, we are definitely the ADD Generation expecting everything right now.
1.currency debasement 2.silver shortages 3.millions of silver uses growing daily 4.shorts getting ready to cover 5.manipulation coming to an end 6.margin hikes 7.large asian buying 8.indian wedding season 9.gold to silver ratio out of whack 10.expensive to pull out of the ground 11.inflation;tons of money printing by FED 12.COT charts very bullish 13.silver extremely oversold 14.commercial shorts are now going long 15.only metal not to claim new nominal high among countless others..
Anybody who has kept up lately at all with the silver community has to admit how funny it has gotten to hear all of the explanations as to why silver is getting ready to skyrocket (usually with a time frame included), but it never does. I personally was very bullish on silver earlier in the year because of all of these expert claims and sank a lot of my savings into it, regrettably.... Let's list the reasons!
That crack pot Bob Chapman thinks Gold $3200 in Feb is a real possibility. I'm sure he will revise that now and tell us that the evil men have "taken the price down". Thanks for bringing some reality David.
About another week or so before I can calculate our total return for '11, but the best yields seem to have been from whole life insurance, real estate, passbook savings here in Europe (between 4-5%), the stock markets, and even penny stocks. Makes no sense to me. Losses on PMs physical thus far this year.
It's pretty simple, the breakdown in the silver market is a clear indication that the forces of deflation have come to the forefront. Creating more debt and derivatives which central banks have been doing is not any guarantee of hyper inflation as most gold and silver bugs think is inevitable. The other thing most people who hold Au and Ag don't realize is that Silver and Gold in the stratosphere is not any place anyone should "want" to go go for it's effect is a nightmare.
Yeah yeah yeah. I think gold will go where the Rothschild say so. They got to sell Gaddafi gold too. Gold and silver is dropping right now, silver 28.76
@elucidative This guy is so full of shit. I remember last year he was saying that silver and gold would hit the moon. What is going on here man, what about the QE3? What about the greedy bankers bonuses and their derivatives?
Forget about the time target, and you will be fine. Trying to trade in and out of a rigged game can get a person hammered flat. Just focus on the high probability that over the next several years, at some indeterminate point in time, the price of precious metals will be MOST LIKELY be at or above those numbers ($60 Ag & $2500 Au), quite easily. No need to churn a paper trading account (out of direct control - think surprise margin hikes, etc.) when one can dollar-cost average in to physical.
My wife and I started using silversavers in April of 2010! I have my physcial but use silversaver as a gold & silver saving account instead of putting all my money in a bank I put a portion in silversaver every 2 weeks! Dollar cost averaging!
you'd think people would sell the gold at that price... i can't even find the gold coins i want, yet prices are soo cheap... it just gonna lock in people in and keeping people from even selling more from it.
I just started stacking this year so hopfully I'll still have plenty of time to accumulate! I was getting worried during spring that the price would get out of my afordable reach!
@SuperDonttreadonme Everything takes longer than everybody thinks. I would not be surprised if Gold and Silver were trading in a range for 1 to 2 years. That would actually be healthy.
this guy is reasonable unlike many rookie silver bugs predicting $100-$500 ---he's right,, a selloff in the Euro gives a rally in US dollar hurting gold and silver for 6-12 months
@kevreilly7 I own silver and I own gold. Those "predicting" are 99% praying or hoping as they simple own that investment. Most investors lose their objectivity as they get married to them. It's the biggest curse of losing money. I'd rather see gold and silver stay here because significantly higher prices is not a sign of "good times" for anyone
Very good video/interview here. well worth listening to. I agree when Morgan said 'better too be 6 mos too early than 6 mins too late to enter the market'. very wise words to live by.
@SuperDonttreadonme Yeah right about $2,000 gold by end of December I remember hearing. I disagree a bit with mOrgan. I think that if we have another 2008 repeat, silver and gold won't bottom like they did. China would go all in me thinks and quietly pull it off the market and shove it on a slow boat to China , guarded of course lol. A lot of people are 'in' on the metals now compared to before when not many knew. thats my two cents
@SuperDonttreadonme Yes, but no one was anticipating such problems with Euros, which is keeping dollar up and depressing precious metal pricing. Any panic or talk of default in Greece or Italy, investors start buying USD, hence appreciating it.
First, I enjoyed the interview and agree with most of what was said. However; Based on all the news and commodity reports for the past several months, I disagree with David Morgans asessment of why we see the trend in GLD and SVR ETFs. I see the quantifiable malipulation of GLD and SVR on the market - none of this examplifies the true value of either. Devaluation in the market - relating to speculation, it is a necessary evil to maintain the confidence in the market as a whole. Peace
There is a earthquake coming no matter what. The question of when is not relevant don't live in a poorly constructed house or it will come crashing down on you when you least expect it.
EU has bank run. Banks need paper to pay withdrawing customers. Banks forced to sell prec metals to get paper money. Prices will take hit in this period. Fed Reserve will QE if USD gets too strong against Euro. If USD is avg or weaker then other currencies Fed Res will hold off QE. That will cause prices of prec metals to react accordingly.
David Morgan may or may not have some "good ideas", but when it comes to the price of silver, he does not know shit just like anyone else! I'm sick of hearing Morgan running his mouth about silver. Not long ago he claimed to not own any silver and was bullish on gold only. But you must "subscribe" to his emailer if you want to know when he is selling, but it is free for all to know when he claims to be a "buyer". I wouldn't listen to a damn think this liar David Morgan says. Just stack or not!!
For some reason people believe that paper dollars will not be forever inflated, it has to be to keep the scheme going. I have seen the price of everything going up since I can remember, To get out of the mess we are in the rest of the world would have to at least put another zero on their currencies and America would have to have two zero's. Its impossible to pay the debt so unless all the debt gets wiped from the books and people start going to jail its only up for gold and silver.
I was asleep in the hospital room, napping during EDTA therapy - an epiphany came to me as the mercury, fluoride, aluminum and lithium drained away
God appeared and He said, "I was calling you; it's good to see you have pulled back the curtain. You have some work to do."
I said, "Yes I think I can go home and sell my insurance policies, buy dry beans and brown rice, close out my federal bank accounts and buy GOLD and Silver."
Then He said, "You better tell your friends..." I said, "I'm on it!"
I collect gold and silver for the physical metal vs a pathetic dollar. BUT IM SO SICK OF HEARING YOU GUYS SAY THESE OUTRAGEOUS SPOT PRICES IN THE FUTURE. EVERY YEAR IT DOESNT DO IT BUT YALL KEEP ON SAYING IT?!?! SILVER WILL BE $30 OZ IN 2015 WATCH, just stack and dont worry about the price!
Gold is definitely going to hit $2,500 in 2012, and silver will blow the top off $50 and who knows where it will go.
Check out my channel to win free silver!
Also don't hate on Morgan for his high 2011 predictions, no one could foresee a huge fall in Europe before the States. This has caused the dollar to rally and silver to fall. The markets are weary right now and the safe haven has returned to the dollar. This won't last so KEEP STACKIN! and check out my channel
Honestly, what is the point of making predictions of $60/$2500 when you factor in sell-offs and manipulation? The price is exactly what it should be at any given moment. I don't know how many times I've heard $60 silver since December 2009. If silver hits $50, there will be another sell-off and the price will drop again, as it should.
@YokoWenis Manipulation can't hold it down forever. It might sell of at $50 the next time but when it crashes through a 3rd time it won't be able to hold it.
@billsaintkilda What makes you think it won't hold a 3rd time? or a 4th, etc? Because you want it to go higher? You can't approach investing with emotion. Profits are made with fluctuating prices, whether that's up or down. Of course it's only relative to what those fiat dollars can buy you anyway.
@YokoWenis Nothing to do with emotion. Non't care if it goes higher or not. Have my technical indicators that will tell me to get out. Look at history. $20 was the last significant breaking point. Sold off when it hit there in Feb08. Sold off again late 2009 when it hit again. Broke in September 2010. The previous significant sell off point was $10.Sold off 3 times there 94, 98 and 2004 before it smashed through in 2005.Triple tops are rare but do happen. 4th bounce not impossible but unlikely.
@YokoWenis Forget about today, next month or next year what the price is going to be. The dollar is going to collapse anyway, will be irrelevant. Gold and silver are running out in the mines and demand is increasing. This will cause the comex/lbma to collapse. After this event, dollar out PMs in.
Have you ANY idea of what it takes to get silver out of the ground and to a coin shop near you? If you did, you would not believe $50 is too high.. that is, unless you believe that to support an agenda rather than facts?
The price is exactly where it should be in the PAPER market, yes. But paper is worthLESS
Please do enlighten us all.... who are pricing silver in dollars. how should we price it? houses/land? stocks? a new car? a nice dinner at the steakhouse? well, unfortunately, the silver we own can be traded for 30-40% less of those things, which are all purchased with dollars.. not trying to be ornery, I really want you to explain this to me, so I can be reassured about dumping tens of thousands of dollars into something which has dropped tremendously.
@antoniosonoqui You SHOULD be 'pricing' gold and silver in 'Whats on the other side of a currency collapse'...that IS the real reason to buy gold and silver, isnt it?
BTW, its a VERY good idea to price gold and silver in stocks, to see what stocks are actually doing far different from the illusion that theyre priced in, worthless fiat dollars. What will gold and silver be worth in the future when the dollar is no longer world reserve currency? Something, while other things are nothing.
@antoniosonoqui See thats what gets me about this gold and silver dude on the video, he bases his argument on, 'markets move based upon buying and selling'....untrue. Markets move based upon manipulation.
Second, he says 'metals trades must be settled in dollars'...no they dont. In the future, your metals trades may be based upon how many cans of stew you can get for 1 oz of silver...and no one knows what that answer is.
@Eraser7622 It doesn't matter how much it costs to get anything out of the ground, it only matters how much someone is willing to pay for it at that moment. Is that idea lost on you, or should I capitalize some words for you?
@studiosinger All David Morgan interviews are all like that. Some of what he says is useful, but NO ONE should be buying any stocks (miners or anything else) right now. When the market tanks it will drag ALL those stocks with it. The only real asset is physical. Also, if you can't see it and/or touch it, you do NOT own it.
volatile is another word for manipulation?? never mind another graduating class for summer 2012. in my area SoCal work is drying up, fast. whatever happen to commercial real estate, we have plenty of vacated space and growing....thanks Daniel
Really? So the big bad government and/or banking cartel WANT you to buy silver and gold so they can get the paper money they created out of nowhere back into their hands? Is that really the argument you're using? Do you not now seen the lunacy of such an argument? If that is your biggest fear, you are better off not preparing at all in any way and save humanity your genes. Sorry to be so rude, but you simply must be a troll to make such a foolish comment.
No, food nor water can every be money. have you no idea the definition of money? food/water could become currency, sure.. in a real shtf or wrol situation.. but never money. only PMs can ever serve as money... educate yourself first, post comments second.
@Eraser7622 I will ignore your attempt at insulting me, what I am saying is;money and or PM's will not be able to feed anyone when all the store selves are empty.
@raw5069 It will. Same as fiat money feeds people at pres. Gold and silver will be / have been a medium of exchange . A store of value. But I agree. Who knows what lies ahead .
@Eraser7622 LMAO! Whats wrong, butt-hurt? Did I say ANYTHING like what you insinuate I said? I simply said good luck with this idea that youre going to buy some gold and silver, and in a few months you'll make a double....hey good luck with all that!
Ive uploaded plenty of videos from a year ago CORRECTLY warning about what HAS happened to gold and silver, so before you go calling me a 'TROLL' find out what youre talking about first, because Ive called it all 100% correct.
I've removed both of my comments.. checked out your channel, and although we may disagree about PMs, I respect what you're doing. My apologies for jumping on you like that.. I made a bad assumption. Peace fellow Patriot.
@Eraser7622 OH and 1 more thing, before you get busy calling me a 'troll' and a PM scrooge' some more, try to find out who youre talking about...in old videos I freely show my over 4,000 oz's of silver, 500 oz's of gold...silver bought all from $5-$9, gold in the $650 area...what Im saying here is people looking to double their money in the next couple months are simply pie in the sky, and anyone looking at their 'PM performance' based in USD is simply missing the whole point, completely.
he's a member of his special area. 0:27
ProJanitor 1 week ago
David Morgan doesnt have brass balls (they are made of Au/Ag)
diogeneslaertius666 1 month ago
@diogeneslaertius666 mine are pewter
dPain261 2 weeks ago
PROTIP: the fundamentals are there, but the paper market overlay is a hologram
diogeneslaertius666 1 month ago
problem is
the ratio be 1:41
so maybe $70 silver with $2100 gold.
JPMorganSuckBalls 1 month ago in playlist More videos from VictoryIndependence
Love this guy, gold/silver recently had a drive by shooting by the big boys to drop prices, i agree with David Morgan silver will hit $60 around Dec 2012 if you can buy under $30 you have a great barging. When the economy his low silver tends to fall and gold rises when the economy rises so dose silver and gold drops, so now might be the best time to buy silver and sell gold.
3rewster 1 month ago
I'm fucking amazed about the short investment horizons of people i know. They all expect a return of 29% in a weeks timeframe and whenever i talk to them about silver and gold and say that in 2 to 3 years time there will... They lose total interest. How do you invest with that short of a timeframe without betting the farm in options?
Econofresh 2 months ago
Excellent interview man! Happy Holidays to you and yours!!
Skudgeboy 2 months ago
@Skudgeboy thanks
VictoryIndependence 2 months ago
@watchthemoviefitna
If you hate the comments, then don't read them... this is an open forum where users and listeners are able to post opinions and exchange thoughts and ideas. Real good idea, collectively calling commentators morons
antoniosonoqui 2 months ago
haha.... they're scaring everyone into dollars. Oil isn't cutting it, cause demand is low, keep stacking 2012 budget is estimated at 4 Trillion dollars :)
texture6 2 months ago
merry christmas silver is cheap!
solojam 2 months ago
@SuperDonttreadonme
watch mike maloney's russian banker speech so you understand better what is going on.
BMWg84 2 months ago
This has been flagged as spam show
R.I.P Osama Bin Laden + Kim Jong iL.The international hero against Americunts and UNJustice.The names will always be remembered in our chinese hearts.I will spend 500 million yuan to open musea in Shanghai and Beijing city to show people those names.And we hope our premier president will not be soft like now.Victory is ours and death to unjustice fuckers
Americunt4gay 2 months ago
@SuperDonttreadonme Yep, exactly! Ive been hearing all these PM pimps saying silver will be $100, gold $3,000....hell mid-year one big gold guy was saying by year end gold would be $5,000 remember that? Its all wildly manipulated, so people thinking theyre going to outsmart the big banks SHORT term are simply on crack....PM's are probably a 10 year hold, and even then, who knows? Those looking to PM's to double their DOLLARS are completely lost fools.
davids11131113 2 months ago
This Morgan guy sounds like a politician....
noudo25 2 months ago
If people really want to be enlightened with the entire global picture, they need to read Currency Wars by James Rickards. It goes much deeper than just inflation causing commodities to rise. I'm not much of a fan of these silver gurus. I believe they get stuff right occasionally but they miss the main influences of price moves. I agree with David on the slow Q1 for 2012. Next summer should be exciting.
brown55061 2 months ago
Herd money was buying at $40 - $49 and smart money was selling. The opposite is true now. It's in the Charts.
donaldsonb 2 months ago
I see alot negative comments about silver. When it was trading at $49 per Oz it was great and now it's under $30 per Oz it sucks. People learn how the markets work for every seller there is a equal number of buyers. The contracts traders are selling are going from the weak hands to the strong the hands. Strength is found in the selling price bars. Once demand is greater then supply then the market will continue higher.
donaldsonb 2 months ago
come on folks, lets list more of the hackneyed reasons why silver is going to the moon! And watch as it continues to sink...
antoniosonoqui 2 months ago
@antoniosonoqui
You are a not an intelligent person. This can be proven, for based on your comments, you've confirmed one of the following is true: A. You invested in silver for all the wrong reasons, wrong understandings, wrong time frame, and solely on the advice of other people (this makes for a big idiot), or B. You are lying to build a case against silver for whatever "reason" (this makes you also an idiot, as well as a shill/troll).
So which is it? Either way, idiot.
Eraser7622 2 months ago
@Eraser7622
Sounds like I touched on a sensitive spot for you eraser? I'm assuming you must see quite a bit of truth to what I said for you to become so agitated and upset? It's pretty easy to see here who the real unintelligent person is based on your reply.. I don't see any counterarguments in your post and I don't remember doing any name-calling in any of my posts... but of course, that's typical of how an "unintelligent" person debates a topic... angry emotion and namecalling
antoniosonoqui 2 months ago
@Eraser7622
And no, I'm not a troll/shill, just a normal guy who bought a bunch of silver and realizes that everybody was wrong, including me. The only asset that the pundits warned against, the dollar, is the only asset which performed extremely well in 2011... looking back, it did seem rather strange to see the same old arguments in favor of PMs, touted about by pretty average people... the sooner you can admit being wrong, the easier it is to move on....
antoniosonoqui 2 months ago
16.no silver in the SLV
17.traded 100:1 paper silver
18.the CRIMEX is being investigated
19.less than 1% of population invests in it
20.silver extremely undervalued
wow, writing these explanations even makes me a little emotional and bullish
antoniosonoqui 2 months ago
It's funny how people say someone is talking shit and write them off completely just because their timing is off, look if we could all time things to go perfectly we wouldn't be in such an unpredictable environment such as the markets in the first place would we? Herp derp.... David Morgan is right on one thing for sure, we are definitely the ADD Generation expecting everything right now.
Cuss100 2 months ago
antoniosonoqui 2 months ago
Anybody who has kept up lately at all with the silver community has to admit how funny it has gotten to hear all of the explanations as to why silver is getting ready to skyrocket (usually with a time frame included), but it never does. I personally was very bullish on silver earlier in the year because of all of these expert claims and sank a lot of my savings into it, regrettably.... Let's list the reasons!
antoniosonoqui 2 months ago
Free christian DVD chriswhiteministriesDOTcom
jesuswinsalways1 2 months ago
Silver is King 4ever
DAV93 2 months ago
That crack pot Bob Chapman thinks Gold $3200 in Feb is a real possibility. I'm sure he will revise that now and tell us that the evil men have "taken the price down". Thanks for bringing some reality David.
Ernster86 2 months ago
Excellent !!! Thank you and best s regards...
Pseudolitho777 2 months ago
About another week or so before I can calculate our total return for '11, but the best yields seem to have been from whole life insurance, real estate, passbook savings here in Europe (between 4-5%), the stock markets, and even penny stocks. Makes no sense to me. Losses on PMs physical thus far this year.
slobomotion 2 months ago
Comment removed
binky4647 2 months ago
It's pretty simple, the breakdown in the silver market is a clear indication that the forces of deflation have come to the forefront. Creating more debt and derivatives which central banks have been doing is not any guarantee of hyper inflation as most gold and silver bugs think is inevitable. The other thing most people who hold Au and Ag don't realize is that Silver and Gold in the stratosphere is not any place anyone should "want" to go go for it's effect is a nightmare.
mosullivan511 2 months ago
Collapse is here....
wwwTotalCollapseCom 2 months ago
Anyone want to entertain a depression idea?
boipinoi604 2 months ago
Yeah yeah yeah. I think gold will go where the Rothschild say so. They got to sell Gaddafi gold too. Gold and silver is dropping right now, silver 28.76
elucidative 2 months ago
@elucidative This guy is so full of shit. I remember last year he was saying that silver and gold would hit the moon. What is going on here man, what about the QE3? What about the greedy bankers bonuses and their derivatives?
elucidative 2 months ago
Forget about the time target, and you will be fine. Trying to trade in and out of a rigged game can get a person hammered flat. Just focus on the high probability that over the next several years, at some indeterminate point in time, the price of precious metals will be MOST LIKELY be at or above those numbers ($60 Ag & $2500 Au), quite easily. No need to churn a paper trading account (out of direct control - think surprise margin hikes, etc.) when one can dollar-cost average in to physical.
toluca56 2 months ago
@toluca56 Agreed but the sheeple have the trader mentality.
jimbobubbadj 2 months ago
My wife and I started using silversavers in April of 2010! I have my physcial but use silversaver as a gold & silver saving account instead of putting all my money in a bank I put a portion in silversaver every 2 weeks! Dollar cost averaging!
stelmorVH 2 months ago
you'd think people would sell the gold at that price... i can't even find the gold coins i want, yet prices are soo cheap... it just gonna lock in people in and keeping people from even selling more from it.
eliden 2 months ago
Comment removed
eliden 2 months ago
Comment removed
eliden 2 months ago
I just started stacking this year so hopfully I'll still have plenty of time to accumulate! I was getting worried during spring that the price would get out of my afordable reach!
Agbully11 2 months ago
Thanks Dan!!! Another superior interview!!!!
frontier1701 2 months ago
@SuperDonttreadonme Everything takes longer than everybody thinks. I would not be surprised if Gold and Silver were trading in a range for 1 to 2 years. That would actually be healthy.
cnxtrans 2 months ago
this guy is reasonable unlike many rookie silver bugs predicting $100-$500 ---he's right,, a selloff in the Euro gives a rally in US dollar hurting gold and silver for 6-12 months
kevreilly7 2 months ago
@kevreilly7 I own silver and I own gold. Those "predicting" are 99% praying or hoping as they simple own that investment. Most investors lose their objectivity as they get married to them. It's the biggest curse of losing money. I'd rather see gold and silver stay here because significantly higher prices is not a sign of "good times" for anyone
mosullivan511 2 months ago
I think silver will go down to $20 oz in the next 12 months.
webozzy21 2 months ago
@webozzy21 The market value won't
jiminiflix 2 months ago
Very good video/interview here. well worth listening to. I agree when Morgan said 'better too be 6 mos too early than 6 mins too late to enter the market'. very wise words to live by.
Romulan112 2 months ago
Silver will be 15 bucks in 6 months. CASH IS A KING !!!
quadcatfly 2 months ago
@quadcatfly Cash is king? LOL . Sad thing is most people think that way.
Sheeple happily off to the slaughter...
dowhatuwill 2 months ago
@SuperDonttreadonme Yeah right about $2,000 gold by end of December I remember hearing. I disagree a bit with mOrgan. I think that if we have another 2008 repeat, silver and gold won't bottom like they did. China would go all in me thinks and quietly pull it off the market and shove it on a slow boat to China , guarded of course lol. A lot of people are 'in' on the metals now compared to before when not many knew. thats my two cents
Romulan112 2 months ago
@SuperDonttreadonme Yes, but no one was anticipating such problems with Euros, which is keeping dollar up and depressing precious metal pricing. Any panic or talk of default in Greece or Italy, investors start buying USD, hence appreciating it.
nsakic 2 months ago
@SuperDonttreadonme LOL. It was Dec 2111 not Dec 2011.
quadcatfly 2 months ago
First, I enjoyed the interview and agree with most of what was said. However; Based on all the news and commodity reports for the past several months, I disagree with David Morgans asessment of why we see the trend in GLD and SVR ETFs. I see the quantifiable malipulation of GLD and SVR on the market - none of this examplifies the true value of either. Devaluation in the market - relating to speculation, it is a necessary evil to maintain the confidence in the market as a whole. Peace
hopenchrist777 2 months ago
There is a earthquake coming no matter what. The question of when is not relevant don't live in a poorly constructed house or it will come crashing down on you when you least expect it.
Silver and gold is a sold home to live in.
davincij15 2 months ago
EU has bank run. Banks need paper to pay withdrawing customers. Banks forced to sell prec metals to get paper money. Prices will take hit in this period. Fed Reserve will QE if USD gets too strong against Euro. If USD is avg or weaker then other currencies Fed Res will hold off QE. That will cause prices of prec metals to react accordingly.
fee1776 2 months ago
David Morgan may or may not have some "good ideas", but when it comes to the price of silver, he does not know shit just like anyone else! I'm sick of hearing Morgan running his mouth about silver. Not long ago he claimed to not own any silver and was bullish on gold only. But you must "subscribe" to his emailer if you want to know when he is selling, but it is free for all to know when he claims to be a "buyer". I wouldn't listen to a damn think this liar David Morgan says. Just stack or not!!
redriverrocker 2 months ago
For some reason people believe that paper dollars will not be forever inflated, it has to be to keep the scheme going. I have seen the price of everything going up since I can remember, To get out of the mess we are in the rest of the world would have to at least put another zero on their currencies and America would have to have two zero's. Its impossible to pay the debt so unless all the debt gets wiped from the books and people start going to jail its only up for gold and silver.
Crashbanksbuysilver 2 months ago
I was asleep in the hospital room, napping during EDTA therapy - an epiphany came to me as the mercury, fluoride, aluminum and lithium drained away
God appeared and He said, "I was calling you; it's good to see you have pulled back the curtain. You have some work to do."
I said, "Yes I think I can go home and sell my insurance policies, buy dry beans and brown rice, close out my federal bank accounts and buy GOLD and Silver."
Then He said, "You better tell your friends..." I said, "I'm on it!"
LP101A 2 months ago
Thats why people need to start rejecting the decree of legal tender, once that happens the value f gold/silver skyrockets.
Danster82 2 months ago
Nice video work Daniel - enjoyed the interview too. Thanks
zalida100 2 months ago
I collect gold and silver for the physical metal vs a pathetic dollar. BUT IM SO SICK OF HEARING YOU GUYS SAY THESE OUTRAGEOUS SPOT PRICES IN THE FUTURE. EVERY YEAR IT DOESNT DO IT BUT YALL KEEP ON SAYING IT?!?! SILVER WILL BE $30 OZ IN 2015 WATCH, just stack and dont worry about the price!
dallas1028 2 months ago
long term baby we havent seen the worst of the money policies of the us fed yet they have more tricks up their sleeves
rolficus 2 months ago
Gold is definitely going to hit $2,500 in 2012, and silver will blow the top off $50 and who knows where it will go.
Check out my channel to win free silver!
Also don't hate on Morgan for his high 2011 predictions, no one could foresee a huge fall in Europe before the States. This has caused the dollar to rally and silver to fall. The markets are weary right now and the safe haven has returned to the dollar. This won't last so KEEP STACKIN! and check out my channel
FREEsilverGiveaway 2 months ago
Erm, what did David Morgan forecast for 2011?
It is absolutely pointless listening to these pie in the sky predictions.
YouAreNotFree1 2 months ago
Honestly, what is the point of making predictions of $60/$2500 when you factor in sell-offs and manipulation? The price is exactly what it should be at any given moment. I don't know how many times I've heard $60 silver since December 2009. If silver hits $50, there will be another sell-off and the price will drop again, as it should.
YokoWenis 2 months ago
@YokoWenis Manipulation can't hold it down forever. It might sell of at $50 the next time but when it crashes through a 3rd time it won't be able to hold it.
billsaintkilda 2 months ago
@billsaintkilda What makes you think it won't hold a 3rd time? or a 4th, etc? Because you want it to go higher? You can't approach investing with emotion. Profits are made with fluctuating prices, whether that's up or down. Of course it's only relative to what those fiat dollars can buy you anyway.
YokoWenis 2 months ago
@YokoWenis Nothing to do with emotion. Non't care if it goes higher or not. Have my technical indicators that will tell me to get out. Look at history. $20 was the last significant breaking point. Sold off when it hit there in Feb08. Sold off again late 2009 when it hit again. Broke in September 2010. The previous significant sell off point was $10.Sold off 3 times there 94, 98 and 2004 before it smashed through in 2005.Triple tops are rare but do happen. 4th bounce not impossible but unlikely.
billsaintkilda 2 months ago
@YokoWenis Forget about trading its going the way of the dodo bird. Wealth preservation is what it is all about.
jimbobubbadj 2 months ago
@YokoWenis Forget about today, next month or next year what the price is going to be. The dollar is going to collapse anyway, will be irrelevant. Gold and silver are running out in the mines and demand is increasing. This will cause the comex/lbma to collapse. After this event, dollar out PMs in.
jimbobubbadj 2 months ago
@YokoWenis
Have you ANY idea of what it takes to get silver out of the ground and to a coin shop near you? If you did, you would not believe $50 is too high.. that is, unless you believe that to support an agenda rather than facts?
The price is exactly where it should be in the PAPER market, yes. But paper is worthLESS
Eraser7622 2 months ago
@Eraser7622 I see youre still pricing gold and silver in DOLLARS, proving you get NONE of this, at all.
davids11131113 2 months ago
@davids11131113
Please do enlighten us all.... who are pricing silver in dollars. how should we price it? houses/land? stocks? a new car? a nice dinner at the steakhouse? well, unfortunately, the silver we own can be traded for 30-40% less of those things, which are all purchased with dollars.. not trying to be ornery, I really want you to explain this to me, so I can be reassured about dumping tens of thousands of dollars into something which has dropped tremendously.
antoniosonoqui 2 months ago
@antoniosonoqui You SHOULD be 'pricing' gold and silver in 'Whats on the other side of a currency collapse'...that IS the real reason to buy gold and silver, isnt it?
BTW, its a VERY good idea to price gold and silver in stocks, to see what stocks are actually doing far different from the illusion that theyre priced in, worthless fiat dollars. What will gold and silver be worth in the future when the dollar is no longer world reserve currency? Something, while other things are nothing.
davids11131113 2 months ago
@antoniosonoqui See thats what gets me about this gold and silver dude on the video, he bases his argument on, 'markets move based upon buying and selling'....untrue. Markets move based upon manipulation.
Second, he says 'metals trades must be settled in dollars'...no they dont. In the future, your metals trades may be based upon how many cans of stew you can get for 1 oz of silver...and no one knows what that answer is.
davids11131113 2 months ago
@Eraser7622 It doesn't matter how much it costs to get anything out of the ground, it only matters how much someone is willing to pay for it at that moment. Is that idea lost on you, or should I capitalize some words for you?
YokoWenis 2 months ago
good interview bro
drakflyga 2 months ago
Great interview! Thanks!
videolover61 2 months ago
I do not believe the "real" silver price would go lower than $23.00.
Cyrus992 2 months ago
this is really too long and convoluted.
studiosinger 2 months ago
@studiosinger All David Morgan interviews are all like that. Some of what he says is useful, but NO ONE should be buying any stocks (miners or anything else) right now. When the market tanks it will drag ALL those stocks with it. The only real asset is physical. Also, if you can't see it and/or touch it, you do NOT own it.
JP5466 2 months ago
Who made up the rule that you have to settle in cash? I bet some day you could trade gold for land some day...cheap!
bobsr3 2 months ago
I'm hoping David is correct. This will give me more time that I anticipated to buy more Silver.
TheWildbill242 2 months ago
volatile is another word for manipulation?? never mind another graduating class for summer 2012. in my area SoCal work is drying up, fast. whatever happen to commercial real estate, we have plenty of vacated space and growing....thanks Daniel
texture6 2 months ago
silver and gold is the last con
raw5069 2 months ago
@raw5069 THAT is my biggest fear...the last con to take our money..because the masters of the universe are not going to give up that easy..
TroySmithforD 2 months ago
@TroySmithforD makes me wonder too
pdxeddie1111 2 months ago
@TroySmithforD
Really? So the big bad government and/or banking cartel WANT you to buy silver and gold so they can get the paper money they created out of nowhere back into their hands? Is that really the argument you're using? Do you not now seen the lunacy of such an argument? If that is your biggest fear, you are better off not preparing at all in any way and save humanity your genes. Sorry to be so rude, but you simply must be a troll to make such a foolish comment.
Eraser7622 2 months ago
@raw5069
Ok then, you would rather have paper?
Crashbanksbuysilver 2 months ago
Comment removed
raw5069 2 months ago
This has been flagged as spam show
@Crashbanksbuysilver food and clean water will be the money of the very near future
raw5069 2 months ago
@raw5069
No, food nor water can every be money. have you no idea the definition of money? food/water could become currency, sure.. in a real shtf or wrol situation.. but never money. only PMs can ever serve as money... educate yourself first, post comments second.
Eraser7622 2 months ago
@Eraser7622 I will ignore your attempt at insulting me, what I am saying is;money and or PM's will not be able to feed anyone when all the store selves are empty.
raw5069 2 months ago
@raw5069 It will. Same as fiat money feeds people at pres. Gold and silver will be / have been a medium of exchange . A store of value. But I agree. Who knows what lies ahead .
ANTIDALLARD 2 months ago
@raw5069 and the fiat paper dollar is not?
jimbobubbadj 2 months ago
'All markets move on buying and selling'....incredibly nieve.
davids11131113 2 months ago
And in reality silver and gold will probably get you shot and/or imprisoned in 2012.
davids11131113 2 months ago
Comment removed
Eraser7622 2 months ago
@Eraser7622 LMAO! Whats wrong, butt-hurt? Did I say ANYTHING like what you insinuate I said? I simply said good luck with this idea that youre going to buy some gold and silver, and in a few months you'll make a double....hey good luck with all that!
Ive uploaded plenty of videos from a year ago CORRECTLY warning about what HAS happened to gold and silver, so before you go calling me a 'TROLL' find out what youre talking about first, because Ive called it all 100% correct.
davids11131113 2 months ago
Comment removed
Eraser7622 2 months ago
@davids11131113
I've removed both of my comments.. checked out your channel, and although we may disagree about PMs, I respect what you're doing. My apologies for jumping on you like that.. I made a bad assumption. Peace fellow Patriot.
Eraser7622 2 months ago
@Eraser7622 OH and 1 more thing, before you get busy calling me a 'troll' and a PM scrooge' some more, try to find out who youre talking about...in old videos I freely show my over 4,000 oz's of silver, 500 oz's of gold...silver bought all from $5-$9, gold in the $650 area...what Im saying here is people looking to double their money in the next couple months are simply pie in the sky, and anyone looking at their 'PM performance' based in USD is simply missing the whole point, completely.
davids11131113 2 months ago
Comment removed
Eraser7622 2 months ago