In this talk from February 23, I talk to David Morgan, founder & publisher of “The Morgan Report”.
The main questions that got answered in this conversation are:
What are FED’s options from here on?
Are we headed towards economic contraction?
Will the FED put be enough to save the markets?
What happens during an economic contraction?
What are European politics trying to hide from us?
Why is Russia buying so much gold now?
Is Russia the secret whale buyer of gold?
What does “gold hoarding” mean for gold prices?
What would David Morgan do if he was 26 years old now?
Should I invest in dividend stocks during a great reset?
How should I diversify my gold & silver portfolio?
Will PM producers get hit by higher inflation, too?
David Morgan told me that the FED has to chose between inflation or deflation. Basically, chose between two very bad outcomes.
This will eventually end, he said, and it will be painful, with major crashes across the board.
David thinks that an increased supply of money that wasn’t invested properly will result in a deleveraging of the economy.
The “FED put” might not be good enough this time.
Russia is probably the secret whale buyer of gold.
David told me to “follow the money”, which he says is gold. Russia is stacking gold. Getting ready to be the next world leader, overtaking the US’ position as such, says David Morgan.
When a sovereign entity buys up that much gold, they’re likely not looking to sell it at a profit very soon. This is like gold hoarding and can result in a quickly rising gold price once the demand comes in.
Morgan thinks that the political happenings in Europe are a way to divert the attention of the people from the great reset.
“Invest in yourself and your passion” is what David tells me is always the right choice, regardless of the global situation.
Investing in income-generating assets, like dividend-paying business, isn’t a bad idea, David told me.
David thinks speculating in gold & silver miners is okay, as long as I am not doing it with all my money, and as long as I have some physical gold & silver in my actual possession.
None of what you hear nor read on this website is intended to be financial advice. Do your own research. We may own shares in the companies mentioned in this video, which makes us biased. Don’t listen to us. Don’t let this impact your thinking. You’re better than listening to talking heads on a random website. Before continuing with this video, you must read and understand the full disclosure here: https://resourcetalks.com/disclosure/
00:00 Important disclaimer
01:40 What are FED’s options?
09:15 Are we headed towards economic contraction?
11:30 Will the FED put be enough to save the markets?
13:00 What happens during an economic contraction?
20:15 What are European politics trying to hide from us?
29:20 Why is Russia buying so much gold now?
33:00 Is Russia the secret whale buyer of gold?
37:10 What does “gold hoarding” mean for gold prices?
41:00 What would David Morgan do if he was 26 years old now?
44:50 Should I invest in dividend stocks during a great reset?
49:20 How should I diversify my gold & silver portfolio?
51:20 Will PM producers get hit by higher inflation, too?
55:00 Closing thoughts + a book recommendation