David Morgan on silver
Tags silver
This is a very good video on why silver is a great long term investment from one of the leading experts on silver- David Morgan
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Tek
Cheers
Tek
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david morgan? yep, a great silver expert and a nice person as well. folks, ive been invited to a breakfast for some special friends of clifton resources (i hope they are not bankrupt now cos of this kind of events and will start trading again soon ... just kidding, it was organized and paid for privately by a major clifton shareholder and ive mentioned it in my blog abt the precious metals fair (day #3)) and yes, david sat across from me and yes, besides my wife he was the only person i would like to talk longer to ... all other folks there were so narrow-minded and sooo anti-liberal (yep, we have spoken abt germans, turks, muslims, jews, freedom, free markets, .... prolly cos of the then actual ethnic hate provocation from ex-board member of deutsche bundesbank sarazzin)
go silver bugs go :-)Posted 02-18-2012 at 05:46 PM by jaro
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jaro, tek
where will silver be by H2 '12? $40? $50? $500?
from 1 to 10, rate your bullishness.Posted 02-20-2012 at 02:05 AM by forexer
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haha ... no clue, but $50 in the end of march would be great, cos thats the time i have to convert part of my silver cash reserve into cash again (my yearly mortgage rate payment agreement)Posted 02-20-2012 at 07:28 AM by jaro
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Jaro with all due respect I dont see how liberal and freemarket can even be put into the same sentance and make any since?
Just sayin! But one thing we can agree on is Daniela Cambone is a FOX it would have been nice to site across from her! Oh yah your wife was there! Oh well anything goes with you liberals right ?????????????????? Just giving you a hard time Jaro!Posted 02-20-2012 at 08:36 AM by slow to learn 
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I still think silver will drop in price this year. Lots and lots of calls for the price to go up late in the year by experts, but I see a big Europe thing happening and I am expecting a period of defationary for a bit/while.
Those who are bullish on silver feel the central banks will basically attempt to 'print their way out of Europe' Causing commodities/metals to rise.
The problem with this is that the central banks aren't printing enough to make the customers whole. They are talking huge haircuts are going to be handed out.
Okay, in plain language lol-
The central banks cannot print enough to pay back the entire amount Greece owes, so they will give only part of the money back and the holders of Greek bonds will take big losses- so much that it could cause a bunch of different things to happen depending on how the situation is handled. Probably none of these would be really bullish for the overall world economic situation so I feel metals will drop and for long term buyers and holders, this will be a big buying opportunity.
I have been basically calling for this for a long time, and so far they seem to have 'kicked the can down the road' each time I think it's going to happen, so maybe they will wind the ol' kicking foot up and kick the can even father again, but one's leg gets tired eventually.
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TekPosted 02-20-2012 at 06:36 PM by Tekmnd
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Silver isn't a left/right issue
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TekPosted 02-20-2012 at 06:37 PM by Tekmnd
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Tek according to the Nickolai Kondratieff theory, we must have deflation before depression. But before deflation thier is stagflation. According to history their has been the patterens of inflation, stagflation, deflation and depression any where from 83 to 100 years. From the panic of 1837 to the great depresson there was exactly 83 years and from 1929 to 2012 is 83 years! So are we due? How about hyper inflation?Posted 02-20-2012 at 08:18 PM by slow to learn
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i am long silver and like it, but i'm less and less convinced of it as a monetary metal. the arguments that morgan makes in this video reflect the past, and i don't think that is what will be happening this time around. central banks are hoarding gold, not silver.
i do think silver is more likely to go overbought than gold, which could create some truly great opportunities in the years to come -- although that is a speculative viewpoint rather than an insurance/safety viewpoint.Posted 02-20-2012 at 11:34 PM by Simit Patel
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