The silver skilled, David Morgan, tells cash that he’s anticipating $ 1,400 in 2019. ] Above this degree, there’s not a lot resistance as much as $ 1600 …
David Morgan Morgan Report interviewed by Elijah Johnson for cash
Morgan says we’re seeing stagflation. As the worldwide economic system shrinks, costs proceed to rise.
The yield curve is reversed with respect to three and 10 12 months Treasury bonds. It indicators a recession, says Morgan.
Concerning the inventory market, he notes a weak point of the Dow and a decline. Until the Dow exceeds 27,000 with a big quantity, it's not optimistic.
Morgan is contemplating a disaster, however ought to we be afraid?
No, says Morgan. "The extra you understand it, the extra you’re mentally ready."
Hearken to the interview in full beneath:
In regards to the interviewer
Journalist Elijah Johnson, co-host of SD Weekly Metals & Markets, launched on the financial scene after launching his YouTube Channel "Finance and Liberty", to which he’s nicknamed "the neatest 16-year-old Bernanke. "As one of many youngest advocates for wholesome cash, centered on the nationwide debt, the US greenback and the gold and silver markets, Elijah's mission is to placed on guard and educate his era in regards to the dangers of the present monetary system, and what individuals can do to guard themselves.
See Elie's interviews on the cash YouTube channel. Elijah's Twitter is @finance_liberty .