David Morgan talks about the fundamentals of Silver on HoweStreet
I really believe in the silver story, but when I see gimmicks like this I begin to wonder, cause its such a fake scenario. A paid commerical trying to look like an interview. They are both pretending.3 billion ounces of gold in bullions/coins? I doubt that.
Wikipedia says there are 160000 tonnes of gold above ground. And only 40-50 thousand tonnes of gold are in investments(1.2-1.5 billon ounces). Everything else is in jewerly/electronics.
Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Monday, February 7, 2011
David Morgan - Korelin Interview - Aug 2010
Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.
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David Morgan
Gold and Silver Rally
Economy expert Bob Tebbutt drops by for another look at the markets. Note: This video is analysis and opinion only. All stock market based investment is exposed to a degree of risk. This video does not constitute an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in any other transaction.
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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!