Silver-Investor David Morgan On Industrial Demand, Bitcoin, Dividends & Oil - TDV Week In Review

This week Justin O’Connell sits down with Silver-Investor David Morgan for a chat.

How long have you been investing in silver?

Since my early 20’s, once I had a job and some sort of cash flow that was the real beginning.  I did buy a few silver coins as a kid but nothing of significance.

What got you interested in silver?

I first discovered silver and really thought about it when the coinage changed in 1965 in the United States.  I was eleven years old at the time and this got me to thinking about the monetary system. It seemed to me even as a kid that something was wrong but at that time I certainly did not know the whole story but it did spark a quest in me– obviously.

What’s the hottest story in silver right now?

There are really two stories, one is the Silver Institute just commissioned a study which forecasts an increase in Industrial demand of 27% through 2018 which means 142 million additional ounces of demand. The other story involves the silver stackers on a global basis are buying government minted coins in record numbers because many of them see the currency wars which we and others have forecast for so long.

Why do we constantly see record American Silver Eagle sales?

Simply more people are waking up to the truth with many websites such as Max Keiser with the buy silver take down JP Morgan as one of the best examples.  This campaign really spread the silver story and the interest and ACTION followed and continues to grow.

What is the connection between precious metals prices and interest rates?

There is a correlation, at least in the last bull market.  Gold and silver prices will continue to improve in price as interest rates climb until the real rate of interest is above the real inflation rate.  If we use Shadow Stats.com and know real inflation is the U.S. is around 9%, that suggests gold and silver could continue to rise until we see interest rates near 10% or so.  But we all know the system is very unlikely to hold together with that high an interest rate, which means the market itself will realize there is “no way out” this time and that just could be the place where the acceleration in the price of the precious metals goes nearly straight up.

Did you see the movie Looper? What did you think about the use of silver bullion in that film?

I did see the movie Looper, and reached out to the writer through a subscriber of mine that used to be in the film industry at a rather significant level.  I never received a response.  To me the movie indicated that in the future to do anything significant in society you will have to use real money — silver and gold.

What other investments do you like?

I think energy is an important sector, especially for those looking for income.  If you do your research you can find companies that are viable outside of fracking that will be able to pay dividends to their shareholders.  Energy (oil) is still the most important of all commodities because nothing happens without energy.

I also look at the technology sector, this is where we did quite well early on adapting to the cell phone industry before most people even knew they existed.

What do you think about Bitcoin?

I wrote a long article about Bitcoin which can be found by using Google and typing in my name and Bitcoin.  Being free market- the market knows better than anyone (assuming truly free markets).  This type of ideas time has come, however there are some concerns and some have been expressed by Charles Savoie whom has done research for us from the founding of Silver-Investor.com.  Let me suggest people make up their own minds after getting some education on the matter.  Personally, I still favor value backed systems so perhaps a Bitcoin type system backed by precious metals will evolve to the point where it truly does become the monetary standard on a global basis.

What is in your future?  

I plan to continue to write The Morgan Report even after the peak in precious metals and we called the top to the best of our ability.  It may “waffle” for a couple months as we determine what might be the next investment story that is underfollowed and unknown — similar to the silver story when we started.

What is in the future for Silver-Investor?

Actually at this point we are considering the possibility of selling the business when the market gets overheated.  We would keep TheMorganReport.com but let the Silver-Investor go and move on, hopefullly to the next big thing.

What do subscribers enjoy when they sign up for your publications?

The Morgan Report focuses on Money, Metals, and Mining. We concentrate on the resource sector, with primary emphasis on the precious metals, but have invested in moly, copper, uranium, lithium, base metals, drillers and other companies. We provide a unique service by filming many of the mining trips and providing them to our members. Additionally, at the second level of service you can email questions directly to us and we guarantee they will be answered. Lastly Basic Plus Members receive a desktop widget that is our unique software/ Alert Service. Further description is available on the website.

Resources-

YouTube – Silverguru

Twitter-@silverguru22

Free e-letter available

TheMorganReport—30day Free Trial go to TheMorganReport.com/free

E-Mail:  [email protected]  Phone 480-325-0230

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David Morgan (Silver-Investor.com) is a widely recognized analyst in the precious metals industry and consults for hedge funds, high-net-worth investors, mining companies, depositories and bullion dealers. He is the publisher of The Morgan Report on precious metals, coauthor of The Silver Manifesto, and featured speaker at investment conferences in North America, Europe and Asia.

Before we get to the review, be sure to check out TDV Newsletter, because this month (and year) is going to be special. Jeff is dedicating himself almost full-time to bringing paid subscribers the best information they can receive in 2015, which could prove to be an ever important year in The End Of The Monetary System As We Know It (TEOTMSAWKI).

Subscribe to The Newsletter today, and receive TDV’s HomeGrown, as well as special reports, including Getting Your Gold Out Of Dodge. Moreover in the Newsletter, senior analyst Ed Bugos analyzes what is going on in Europe, as well as the yellow metal in what is looking like what could be the first big year for gold in a few years.

If you’re interested in receiving articles beyond what you read here everyday, consider our weekly subscriber-only publications, like our Issue, Dispatches, and Homegrown. You may subscribe here.

February 2, 2015

A Genius Propaganda Move By The Croatian Government

TDV Chief-Editor, Jeff Berwick, on the brilliance of the Croatian Propaganda Department.

When I first read the news I was taken aback.  It said, “Croatia wipes out the debts of thousands of its poorest citizens in ‘fresh start’ scheme”.

I thought to myself, “Could it be?  A government or banking system that actually does something somewhat helpful for the poor?”

Government, that beacon of goodness, and the banking system, that place that cares not about profit… … actually gave a gift to the poor?

continue reading…

February 4, 2015

Ross Ulbricht Found “Guilty” in Third World Banana Republic Court

Jeff Berwick on the unfortunate fate of Ross Ulbricht.

In what I described as being the trial of our generation, Ross Ulbricht, of the Silk Road free market online marketplace, was found guilty today on all charges and now faces sentencing of 30 years to life.

The charges included charges of narcotics conspiracy, money laundering conspiracy, and engaging in a continuing criminal enterprise.  This from a government who constantly says conspiracy theorists should be jailed.  Not to mention that dealing in narcotics amongst two voluntary parties is not a crime.  Nor is trying to keep your funds out from under the purview of the all-seeing eye of the US government.  If there is no victim there is no crime.

continue reading…

February 5, 2015

The Gringo Motorcycle Diaries & The Income Free PT Lifestyle

 Director of TDV Offshore, Paul Seymour, on the prior taxpayer lifestyle.

continue reading…

February 6, 2015

Get Your Kids Out Of Public School

TDV Chief Editor, Jeff Berwick, on public skool.

TDV VIDEOS

February 5, 2015

February 4, 2015

Anarchast: Jose Rodriguez: Bitcoin in Mexico!

Jeff interviews top Latin American Bitcoin entrepreneur Jose Rodriguez, topics include: the problem with government and banks becoming corrupted by the monetary system, Bitcoin businesses are not immune from corruption but it is incorruptible itself, big mainstream investment in Bitcoin, Unisend, Max Keiser, StartCoin, difficulties with business banking in Argentina, big growth in Bitcoin in Mexico, Mexican central banks like Bitcoin and not a lot of Bitcoin regulation in Mexico.

As always, thank you for subscribing!

The Dollar Vigilante is a free-market financial newsletter focused on covering all aspects of the ongoing financial collapse. The newsletter has news, information and analysis on investments for safety and for profit during the collapse including investments in gold, silver, energy and agriculture commodities and publicly traded stocks. As well, the newsletter covers other aspects including expatriation, both financially and physically and news and info on health, safety and other ways to survive the coming collapse of the US Dollar safely and comfortably. You can sign up to receive our FREE monthly newsletter, our Basic Newsletter ($15/month) or our Full Newsletter ($25/month) with specific stock recommendations and updates at our Subscriptions page on our website at DollarVigilante.com.