The Silver Guru, David Morgan and author of The Morgan Report, comments on the explosive move higher in Gold and Silver this week!
Morgan says, "Gold will be leading the way up...the flight to safety has begun. The money that has run to gold has been the smartest money -- the banking institutions....The records show that banks have bought more gold over the past year or so than they have in decades and that trend continues."
- Gold is a barometer, noting "a perfect storm is directly ahead..."
- Financial institutions are feeling the pinch of much higher rates.
- Will the "Plunge-Protection Team" be sufficient to prop up the markets, via circuit breakers?
- Might gold be the next "10-bagger"?
- Barbell investing - gold and cash?
- David's documentary coming soon: Silver Sunrise – Breaking Free from the Stress, Fear. and Control of Money
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
