David Morgan on why the gold and silver ride is not over yet
InvestorIntel’s Tracy Weslosky asks David Morgan, Founder & Owner of The Morgan Report, if it is too late to invest in the gold and silver market. “From my work and many others we are in the last leg of this major move.” David said. “The greatest price appreciation takes place in the last leg, but the last leg is usually short in duration. 90% of the move comes in the last 10% of the time.”
“We are in a monetary conundrum,” David told Tracy. “We are printing our way out of a mess that can’t be printed out of. So, the metals are going to react to that in a very significant way, probably in a very short duration. Juniors are the last to participate in any cycle,” David added. “I think there is so much pressure in the precious metals right now, juniors may participate a little earlier than they normally do.”
Last month InvestorIntel announced its partnership with InvestorChannel.com, a data-driven fintech company that is focused on using the latest in artificial intelligence (AI) and other analytics technologies to develop a platform that produces timely insights into companies and industries listed on the capital markets. InvestorChannel publishes a daily Silver Stocks Watchlist Update video which includes the Top 5 Performers of the Day and a performance review of the companies InvestorChannel is following in the sector, carefully selected by silver expert David Morgan of The Morgan Report.
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Raj Shah has been a member of the InvestorIntel.com team for the last nearly 9 years. Recruited from Merrill Lynch, he has over 13 years’ ... <Read more about Raj Shah>