I am really enjoying listening to these talks. It feels like listening to war veterans. The top executives in gold and silver markets are really top notch executives.
I think his advice about not buying it all in one go is valid. In a big market sell-off (as we are likely to see within the next year or two, the miners will be very badly hit. I watched this happen back in 2007-9 and only in March-April of 2009 did I start to put money into Commodities. In a liquidity crisis all assets sell-off as people want to preserve wealth and that's true of Gold/PM miners as much as other assets.
Not true. Ore grades are declining as demand is rising. This will impact the stock:flow and therefore higher prices. It's irrelevant anyways because it's clear the banks are being set up for manipulation charges when this all blows up.
Kurt Homan - Intelligent traders are proponents of most complex trading schemes. Big money is to be easily made. Remember the dot com bubble? They, and their algorithms know how to play the game very well to make profits, and when to get out. And, doubling down when to go back in. Be careful playing against these big boys.
crackupboom2020 Austrian Love your handle. In fact, a couple of times in recent weeks I’ve referred to the great Von Mises’s “Crack-Up Boom” theory because I suspect that’s what the U.S. financial system is in currently.
Every year..... You have those talks. Every single year you hear those predictions.... Nothing happens. Gold barely holding $1470 and silver is far far away from even reaching $20....so give us a break!
Yes I really like gold but for so long I've been hearing Doom and gloom with metals set to go to the moon. Even as a kid in the 1970s it's always been the same old story that the world is in economic turmoil and about to crash any day. It's worth owning gold but not good to get caught up in the pumping..
Silver was almost $20 a month ago. Just saying your comment is kind of inaccurate. Democrats get the white house and run this country into the ground pushing socialist bullshit, you'll see the prices jump.
Oh well put your money where your mouth is-don;'t stack and of course sell any PMs you own.However I will o the opposite as your advice is short sighted and lacks a vital ingredient for long term success-= patience.
I'm Areca, from Vietnam. I work as a investment broker at Viet Capital Securities - the top investment company in Vietnam. It's my pleasure to guide you how to invest in Vietnam Stock market. ----------------------- First of all, let me share some lines about my country Vietnam. My country is a developing country. Emerging from an under-developed country, Vietnam is recovering and developing after the damage of wars. Since 1989, the economy has opened and done the Economic Reform. Up to now, we have gained a number of accomplishments with the high growth rate. In addition to, Vietnam has welcomed an incresing number of foreigners working and investing in Vietnam at all industries. Therefore, we have learned English to overcome language barrier and be well-adapted to the global working environment. To be honest, we have learned many things from all of you. Thank you so much. Vietnam is beautiful country, if you have once visited, I think you will love it. As the young generation, we want to build our country to be a great place for all people in the world coming to visit, work or even settle down here for long time. -------------------------- Let me guide you how to invest in Viet Nam Stock market. Step1: contact to me via email: Hong.nguyen@vcsc.com.vn (for more details) Step 2: Visit Vietnam to take the feeling about Vietnam. If you see our potential investment, you do the next step. Step 3: Open a bank account. Step 4: Open a Securities Trading Code and Securities trading account. --> Process will be complete. Don't forget take the Passport -notarized copy. ---------------- I hope to be your partner if you are interested in Vietnam stock market and would like to invest in Vietnam stock market. If you have any questions feel free to contact me at my email: Hong.nguyen@vcsc.com.vn
I tend to side with Bix Weir in the belief that mining stocks should be avoided in the run-up to the global financial crash because there’s a d*mn good chance that silver mines in particular will be nationalized. One of the best things I got out of this video was the name of an actual company that specializes in recycling precious metals, in particular silver. For about a year I’ve been reminding myself to research such companies to invest in. The new technology to recover discarded silver utilized by the company mentioned sounds awesome. Anyone know of any other companies in this field that might be solid investment targets? With the coming explosion in silver prices (Bix Weir and Bo Polny say $500-$1000) I suspect that silver recycling companies will be excellent buys.
In all due respect, RUclips financial channels should have David H. Smith on for interviews rather than David Morgan. The last time I TRIED again listening to a Morgan interview I gave up after about five minutes. I’ve never heard anyone talk more and say less than him. If you want someone who’s energetic, says substantive things and is a pleasure to listen to have this guy, Jim Willie, Rob Kirby, Rick Rule, Harvey Organ or Bix Weir on.
I couldn't disagree more on David Morgan . You aren't watching the right channels. Reluctant preppers has great interviews with David. The interviewer needs to have a sense of humor to engage with David then he really opens up .
@@strikeeagle6871 Ha! Reluctant Preppers is one of my favorite channels. The bottom line is that Morgan is a BORING interviewee who when he speaks seems to be just regurgitating the same generalities he's spoken in one interview after another like a wind-up doll. The guy virtually never has anything new to say and typically seems half asleep as he goes through the motions of answering questions with statements that lack substance.
I do like gold but I've been hearing the same old Doom and gloom for decade's....the world is in trouble... economies are about to crash. Gold is a great investment and a hedge but for as long as I can remember I've been hearing that metals are going to the moon. As much as I love gold you have to ask yourself if the day comes when gold is $10k per oz if it will probably cost that much to buy a months worth of groceries. Gold will preserve wealth but I question if it will make you rich... maybe only compared to those who have nothing ..
Gold will be used to pay off the national debt. It was done in 1933 (Gold Confiscation) to increase the money supply. Gold will be reset to at least 10K an ounce and used to pay off the 23 trillion dollar national debt. It has nothing to do with inflation. It has to do with massive debt. This is why all the central banks are buying gold hand over fist in the past 6 years.
@AHR 12 that was under harper... 💩eau sold the rest of the barbarous relic off at about the same time the germans sailed a warship up the thames to get their gold back from the city of london! 🍿
been hearing such talk for the last 10-15 years since I started following and investing . In 2013 when silver was at $47 CDN , I kept hearing the same talk . I was about to buy but the guy -God bless him- at the bullion exchange , told me not to buy and this was against his best interest , think about that. He saved me 1000's . Last year I bought at $22 CDN an ounce just to have some in case things go crazy , as insurance so to speak.
If silver prices start to rise and the supply becomes completely owned and consumed, what is left to drive the price of silver? Wouldn't the silver hit a hault in movement?
Gold and Silver will do very well in the coming years, a very good hedge against inflating currencies. But, Bitcoin did outperform Gold and Silver by a mile the last ten years and will continue to do so. No costs to store or insure and an ever reducing amount of supply. A good mix of Bitcoin, Gold and Silver will be a smart hedge in these uncertain times.
You can have the gold audited by separate firms and redeem it for a reasonable fee just like with paper gold, except now you can transact digitally without any middle man or fees. Goldmoney.com does something similar but they charge so much for storage and shipment whereas one would hope a fully digital version would be more reasonable.
I thought Digital Money had fees? Doesn't Bitcoin have transaction fees? I of course like the real thing, but there are transaction cost when working with dealers.
@@westcoaststacker569 Direct transactions don't, without a merchant in the way, but there would need to be a way to pay for the storage and shipping of the physical commodity built in. Auditer payments would also need funding built in.
In the late 80s some people jumped on board with new computer based businesses, they saw,what I didn't want to believe, I said no possible way to earn money selling products on the internet, boy was I stupid!!! This guy sounds like the same type of believers in the computer age when it was a new concept, so we were warned and advised... It's a choice ,make the right decision!!!
If you do some research on David Morgan's track record of gold and silver predictions it will make you cringe. I quit listening to a single word that man says years ago and haven't looked back.
Glen H David Morgan’s predictive powers are right up there with Harry Dent and Porter Stansbury. Batting so close to 0 percent it seems statistically impossible.
Roy Dopson Thanks for your reply. With as many times as I’ve hear people tout ADA I was amazed a few days ago when I looked up its price and it was around $0.06 cents ($0.03 cents at the moment). Any idea how far it might go? I’m getting interested in similarly-priced XLM (Stellar Lumens), it seems like a decent alternative to XRP and was created by a former top Ripple exec.
@@hayesman76 Cardano will survive the next bull run, which i expect it to reach at minimum, previous all time high of $1.22. Long term I can see it being a top 3 project. $24.00 isn't an unreasonable peak price.
@@timdraskin1418 yes...I should not have used the word "never", strange things can always happen. The 17;1 ratio was an anomaly tho due to massive manipulation.
Why ? Your not frightened by his confidence in gold and silver are you ? Gold's per oz value based on debt should be at 18k . The manipulation has crushed the price of physical metals to continue the Fiat currency and ponzi schemes of the stock market. It's over and the true value of gold and silver will rise again. The criminals are on the clock and will be held accountable.
8 years now, blah blah blah.. u have cost the average joe millions... most, their retirement.... how do u sleep at night? Salesman like you make me vomit! 8 years worth of vomiting..... u think u would be sick of the smell by now, I know I am. I hope your life reflects what you dish out... unhappy.. and bad marriage... cuz u are are a cheater.. obvious to one that's been there.. . I use to have money.. till I believed in idiots like you.. again... 8 years you have been wrong... where is the appology? We all want to know? Self serving freak! At least Morgan comes across as honest in his beliefs... always wrong but at least he is not enthusiastic about taking others money.. your type is the the scum of the earth... ur the cause of poverty, homelessness... and every social problem we have...greed! what have u done to make this a better world? Your lucky to have 5 people to show up at your funeral.... that is honest! AND, None will say anything nice!
I am really enjoying listening to these talks. It feels like listening to war veterans. The top executives in gold and silver markets are really top notch executives.
I think his advice about not buying it all in one go is valid. In a big market sell-off (as we are likely to see within the next year or two, the miners will be very badly hit. I watched this happen back in 2007-9 and only in March-April of 2009 did I start to put money into Commodities. In a liquidity crisis all assets sell-off as people want to preserve wealth and that's true of Gold/PM miners as much as other assets.
As long as they can sell paper gold and silver to people who will never take delivery of their precious metals, prices will stay low.
A lot of that paper silver and gold is backed by warehouses full of actual gold and silver.
@@drmodestoesq A lot? No not even close. Maybe 20% at the most is.
@@drmodestoesq you are dreaming
Not true. Ore grades are declining as demand is rising. This will impact the stock:flow and therefore higher prices. It's irrelevant anyways because it's clear the banks are being set up for manipulation charges when this all blows up.
@@CraveThatCoin I'd say 100 to 1, maybe less
When the banks have stocked up on enough physical gold, then they'll stop holding the price down and let it go to the moon.
So the banks are ever going to have "enough"??
Really??
That's just plain silly.
Or when the banks stop buying the demand drops and so does the price.
in 1980, one ounce of gold hit a high of $850 and silver hit a high of $50.
the gold/silver ratio then was 1:17.
thank you mike maloney
@10:44 Very intelligent attitude towards the gold-bitcoin debate. Most rational gold buffs are also strong believers in bitcoin.
Kurt Homan - Intelligent traders are proponents of most complex trading schemes. Big money is to be easily made. Remember the dot com bubble? They, and their algorithms know how to play the game very well to make profits, and when to get out. And, doubling down when to go back in. Be careful playing against these big boys.
Finally, mention of copper in the bulls.
Damn is this speed up like 20% r does is this guy just firing on like 10 cylinders at 5grand rpm
And still, he's no match for Maria Bartiromo. That woman can speak fast!
crackupboom2020 Austrian
This fellow totally held my attention. Good speaker.
Maybe he is nervous at public speaking or too much coffee.
David H Smith vs an Auctioneer
crackupboom2020 Austrian
Love your handle. In fact, a couple of times in recent weeks I’ve referred to the great Von Mises’s “Crack-Up Boom” theory because I suspect that’s what the U.S. financial system is in currently.
Love my gold and silver.Guns and ammo : ).
Every year..... You have those talks. Every single year you hear those predictions.... Nothing happens. Gold barely holding $1470 and silver is far far away from even reaching $20....so give us a break!
Learn and earn with kinesis. my.kinesis.money/signup?referrer=KM13451823 .
Yes I really like gold but for so long I've been hearing Doom and gloom with metals set to go to the moon. Even as a kid in the 1970s it's always been the same old story that the world is in economic turmoil and about to crash any day. It's worth owning gold but not good to get caught up in the pumping..
Silver was almost $20 a month ago. Just saying your comment is kind of inaccurate. Democrats get the white house and run this country into the ground pushing socialist bullshit, you'll see the prices jump.
I’m sure that’s how people felt when it was 300$.
Everywhere but the USA , gold is hitting record highs.
Oh well put your money where your mouth is-don;'t stack and of course sell any PMs you own.However I will o the opposite as your advice is short sighted and lacks a vital ingredient for long term success-= patience.
Something to actually hold. I like rental income too.
I'm Areca, from Vietnam. I work as a investment broker at Viet Capital Securities - the top investment company in Vietnam. It's my pleasure to guide you how to invest in Vietnam Stock market.
-----------------------
First of all, let me share some lines about my country Vietnam. My country is a developing country. Emerging from an under-developed country, Vietnam is recovering and developing after the damage of wars. Since 1989, the economy has opened and done the Economic Reform. Up to now, we have gained a number of accomplishments with the high growth rate. In addition to, Vietnam has welcomed an incresing number of foreigners working and investing in Vietnam at all industries. Therefore, we have learned English to overcome language barrier and be well-adapted to the global working environment. To be honest, we have learned many things from all of you. Thank you so much.
Vietnam is beautiful country, if you have once visited, I think you will love it. As the young generation, we want to build our country to be a great place for all people in the world coming to visit, work or even settle down here for long time.
--------------------------
Let me guide you how to invest in Viet Nam Stock market.
Step1: contact to me via email: Hong.nguyen@vcsc.com.vn (for more details)
Step 2: Visit Vietnam to take the feeling about Vietnam. If you see our potential investment, you do the next step.
Step 3: Open a bank account.
Step 4: Open a Securities Trading Code and Securities trading account.
--> Process will be complete. Don't forget take the Passport -notarized copy.
----------------
I hope to be your partner if you are interested in Vietnam stock market and would like to invest in Vietnam stock market.
If you have any questions feel free to contact me at my email: Hong.nguyen@vcsc.com.vn
I tend to side with Bix Weir in the belief that mining stocks should be avoided in the run-up to the global financial crash because there’s a d*mn good chance that silver mines in particular will be nationalized.
One of the best things I got out of this video was the name of an actual company that specializes in recycling precious metals, in particular silver. For about a year I’ve been reminding myself to research such companies to invest in. The new technology to recover discarded silver utilized by the company mentioned sounds awesome. Anyone know of any other companies in this field that might be solid investment targets? With the coming explosion in silver prices (Bix Weir and Bo Polny say $500-$1000) I suspect that silver recycling companies will be excellent buys.
somewhat obteus thinking mr potato -head
Hebe Gebes
As if I would take seriously anything written by a fool who can’t even spell correctly. A “Hebe” for sure. LOL
@@hayesman76 what do you mean by that? o now i feel bad
I agree with the mining stocks, Bo polny been all over with his shit. Just buy your metals and hodl
@@hebegebes1785
Good. People in glass houses shouldn't throw stones -- or potatoes.
In all due respect, RUclips financial channels should have David H. Smith on for interviews rather than David Morgan. The last time I TRIED again listening to a Morgan interview I gave up after about five minutes. I’ve never heard anyone talk more and say less than him. If you want someone who’s energetic, says substantive things and is a pleasure to listen to have this guy, Jim Willie, Rob Kirby, Rick Rule, Harvey Organ or Bix Weir on.
I couldn't disagree more on David Morgan . You aren't watching the right channels. Reluctant preppers has great interviews with David. The interviewer needs to have a sense of humor to engage with David then he really opens up .
@@strikeeagle6871
Ha! Reluctant Preppers is one of my favorite channels.
The bottom line is that Morgan is a BORING interviewee who when he speaks seems to be just regurgitating the same generalities he's spoken in one interview after another like a wind-up doll. The guy virtually never has anything new to say and typically seems half asleep as he goes through the motions of answering questions with statements that lack substance.
I do like gold but I've been hearing the same old Doom and gloom for decade's....the world is in trouble... economies are about to crash.
Gold is a great investment and a hedge but for as long as I can remember I've been hearing that metals are going to the moon. As much as I love gold you have to ask yourself if the day comes when gold is $10k per oz if it will probably cost that much to buy a months worth of groceries. Gold will preserve wealth but I question if it will make you rich... maybe only compared to those who have nothing ..
Gold will be used to pay off the national debt. It was done in 1933 (Gold Confiscation) to increase the money supply. Gold will be reset to at least 10K an ounce and used to pay off the 23 trillion dollar national debt. It has nothing to do with inflation. It has to do with massive debt. This is why all the central banks are buying gold hand over fist in the past 6 years.
It's the Broken clock theory. If they say it long enough eventually they will be right.
@@donkstamper1335 I like that
If you'd have only invested decades ago you would be very happy right now.
This time its different.
Buy...get it delivered
If I’m buying high amounts of gold, I need to start buying a lot of guns
Why do you need more than 2 or 3 guns? It seems to me that what you need to buy is a lot of ammo. You can only fire one or two guns at a time.
well, for what it's worth, the 'last' train has been leaving since 8 years ago.
The train is just VERY slow!
@@donkstamper1335 Maybe it's in reverse??
Canada sold all their gold. Canada now has $0 in gold reserves.
Yup. That means Canadian mining stocks have much appeal for the retail Canadian investor.
Why would Canada do this
@@Bill-cv3dy cause they are going to steal the dutch gold which is in the vaults over there.
@AHR 12 that was under harper... 💩eau sold the rest of the barbarous relic off at about the same time the germans sailed a warship up the thames to get their gold back from the city of london! 🍿
@Crusader Cross These types of groups have been brainwashing the college kids in the U.S. also bah
Some mining stocks out there are at 52 week lows today and yesterday.
@Mac01 002 just bought ticker symbol TGB at .40 and wanted to buy GPL at .45 if it drops down again to .44 or .45 i'm buying.
Im up %10 on AG and Mag.
Robert Lupo nice!
been hearing such talk for the last 10-15 years since I started following and investing . In 2013 when silver was at $47 CDN , I kept hearing the same talk . I was about to buy but the guy -God bless him- at the bullion exchange , told me not to buy and this was against his best interest , think about that. He saved me 1000's . Last year I bought at $22 CDN an ounce just to have some in case things go crazy , as insurance so to speak.
HKG: 246, 621, 1051 👌👍✅
Thank you 😁
If silver prices start to rise and the supply becomes completely owned and consumed, what is left to drive the price of silver? Wouldn't the silver hit a hault in movement?
Gold and Silver will do very well in the coming years, a very good hedge against inflating currencies. But, Bitcoin did outperform Gold and Silver by a mile the last ten years and will continue to do so. No costs to store or insure and an ever reducing amount of supply. A good mix of Bitcoin, Gold and Silver will be a smart hedge in these uncertain times.
beware, don't catch the last train that will end down over the Cassandra Crossing.
Lol
How is digital gold different than paper gold?
You can have the gold audited by separate firms and redeem it for a reasonable fee just like with paper gold, except now you can transact digitally without any middle man or fees. Goldmoney.com does something similar but they charge so much for storage and shipment whereas one would hope a fully digital version would be more reasonable.
I thought Digital Money had fees? Doesn't Bitcoin have transaction fees? I of course like the real thing, but there are transaction cost when working with dealers.
@@westcoaststacker569 Direct transactions don't, without a merchant in the way, but there would need to be a way to pay for the storage and shipping of the physical commodity built in. Auditer payments would also need funding built in.
Transaction Fees are what I would worry about. Storing wealth though always seems to have cost.
Download our FREE Lessons in Resource Investing ebook --> CambridgeHouse.Club
This guy sounds like a computer almost . With the human factor I computer may need to catch up :)
I was a contrarian today . I bought a pizza ?
Just so long as it wasn't Hawaiian.
drmodestoesq yep !
Silver is sitting this one out.Maybe it'll participate in the next gold bull.
the Silver market was manipulated big time in 1980. Go do some research.
I come from the future and I can tell you that crypto currencies and land will be the most valuable assets on earth and beyond.
Stoyan Denkov yeah you sound like a crypto crazy for sure 🙄
Land is just going to be taxed away...tell it is all public/conglomerate
In the late 80s some people jumped on board with new computer based businesses, they saw,what I didn't want to believe, I said no possible way to earn money selling products on the internet, boy was I stupid!!! This guy sounds like the same type of believers in the computer age when it was a new concept, so we were warned and advised... It's a choice ,make the right decision!!!
Electronic gold and silver already available in Australia.
Ainslie Bullion company
I stack because my "life span" may not last 10-12 years LOL.
just be patient...try not to die
Phones need power, comm's systems need power, POWER POWER POWER????? Carrington event, more to come big time.
One ticket please
Take a Drink. .. lubricate you're thruoght mate
throat
Well that so called last train has been running slower than a turtle with a peg leg and a kick stand!
Gold sideways and silver down for many days now
This guy is talking to himself no people there
It’s too crazy that silver is this low.
a little longer……….like 10 years
A roaring twenties. Symbolic. Personally I think we'll start early twenties instead of late twenties like the last great depression.
1999 for me
ruclips.net/video/BnTHFGS58iE/видео.html - kitco interview
I’m hoping for a mad max situation because I’m one bad mother fucker
If you do some research on David Morgan's track record of gold and silver predictions it will make you cringe. I quit listening to a single word that man says years ago and haven't looked back.
Glen H David Morgan’s predictive powers are right up there with Harry Dent and Porter Stansbury. Batting so close to 0 percent it seems statistically impossible.
17:1 could be
1:1
EXK HMY CDE There ya go.
giustra is not someone you want to be quoting
clintons jogging buddy - say no more
Frank Jousta
Cardano
Roy Dopson
Why?
@@hayesman76 1. Built upon the peer review process.
2. Charles Hoskinson.
Roy Dopson
Thanks for your reply. With as many times as I’ve hear people tout ADA I was amazed a few days ago when I looked up its price and it was around $0.06 cents ($0.03 cents at the moment). Any idea how far it might go? I’m getting interested in similarly-priced XLM (Stellar Lumens), it seems like a decent alternative to XRP and was created by a former top Ripple exec.
@@hayesman76 Cardano will survive the next bull run, which i expect it to reach at minimum, previous all time high of $1.22. Long term I can see it being a top 3 project. $24.00 isn't an unreasonable peak price.
Roy Dopson
That would be a hell of an increase from three cents.
that is an inverse head and shoulders... this guy does a bit of a poor job. in another vid he added numbers wrong
Gold-Silver ratio went to 17;1 due to massive manipulation in 1980's from the Hunt brothers.......that ratio will never occur again.
Never is a long time brother , I beg to differ
@@timdraskin1418 yes...I should not have used the word "never", strange things can always happen. The 17;1 ratio was an anomaly tho due to massive manipulation.
@@polarroller the present ratio is due to massive manipulation thanks to JPMorgan and the like.
@@mrwolf750 I agree my friend.
There's only 10 to 1 ounces of silver to gold in existence. Most silver is consumed. Most gold is hoarded or recycled into jewelry.
i don't like this guy
His silverguru is far worse.
Why ? Your not frightened by his confidence in gold and silver are you ? Gold's per oz value based on debt should be at 18k . The manipulation has crushed the price of physical metals to continue the Fiat currency and ponzi schemes of the stock market. It's over and the true value of gold and silver will rise again.
The criminals are on the clock and will be held accountable.
8 years now, blah blah blah.. u have cost the average joe millions... most, their retirement.... how do u sleep at night? Salesman like you make me vomit! 8 years worth of vomiting..... u think u would be sick of the smell by now, I know I am. I hope your life reflects what you dish out... unhappy.. and bad marriage... cuz u are are a cheater.. obvious to one that's been there.. . I use to have money.. till I believed in idiots like you.. again... 8 years you have been wrong... where is the appology? We all want to know? Self serving freak! At least Morgan comes across as honest in his beliefs... always wrong but at least he is not enthusiastic about taking others money.. your type is the the scum of the earth... ur the cause of poverty, homelessness... and every social problem we have...greed! what have u done to make this a better world? Your lucky to have 5 people to show up at your funeral.... that is honest! AND, None will say anything nice!