Liberty and Finance, Released on 7/17/23
The BRICS are planning on developing a gold backed currency. Regardless of how this plays out, the new reserve currency will be disruptive, says David Morgan, founder of The Morgan Report. As for precious metals markets, the retail industry is having a slow down while industrial demand remains high. He expects the retail demand to increase as the year finishes.He also discusses the use of metals as money in the states and how gold and silver is important for the preservation of freedom.
0:00 Intro
2:59 BRICS currency
10:32 Silver inventories
19:51 Silver and freedom
39:48 Miles Franklin
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.