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Financial Blow Up: Little Time Left Before Wheels Come Off System Warns David Morgan
"So now all they want is control, saying, 'I own you because you have to pay me interest. And when you can't pay interest, what happens? They take over the property,'" warns David Morgan, founder of The Morgan Report. He emphasizes that we don’t have much time left to address these issues.
However, he expresses his optimism about the silver market. "Silver's not at an all-time high, but it's at an 11-year high or close to it," says Morgan. He explains to Daniela Cambone that strong monetary demand for silver, combined with steady or increasing industrial demand, could lead to a situation where both forces compete for the same supply, potentially driving prices higher. "Around 60% of the silver market is driven by industrial demand, especially in areas like solar energy and electric vehicles. As currency wars and financial instability continue, the monetary demand for silver could increase significantly."
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📖 CHAPTERS:
00:00 Silver beats copper and S&P 500
4:30 Silver market share
8:07 Paper v.s. physical silver
12:44 Gold
15:18 Japan became currency manipulator
17:06 BRICs
18:57 Debt
21:19 Economic reality
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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video.
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