David Morgan: “During The Last Bull Market, A Lot of People Gave Up At $100 Gold”
by Tekoa Da Silva, Bull Market Thinking:
I had the chance to reconnect this week with David Morgan, publisher of The Morgan Report …
During the interview, David spoke towards first-hand observations made during the 70′s metals bull market, and the conviction it takes to remain positioned while most others have thrown in the towel. Those with a clear understanding of the fundamentals according to David, are most able to participate in the ultimate market “acceleration point”.
Commenting on the short-term technical picture, David noted that, “They [the miners] are so low right now… I don’t know if the bottom is in or not, but it sure looks like it to me. As far as the metals go, I’m pretty sure that the key reversal on the 28th of June was it.”
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