David Morgan: A Complete ‘Decimation’ of the Financial System is Upon Us; Why This Time It’s Different

ITM Trading, Released on 4/10/24

“Physical economy is basically the same and there’s a one new ownership, which is really disheartening,” says David Morgan, founder of The Morgan Report. In an interview with Daniela Cambone, he emphasizes that while a financial reset entails a change in ownership dynamics, it doesn’t interrupt economic activity; rather, it recalibrates ownership within the existing physical economy. He also advises investors to prioritize the intrinsic value of gold over its face price, recognizing its stability amid financial uncertainties. Lastly, he concludes the interview with a piece of life wisdom. “In the turmoil of financial uncertainty, the true wealth lies not in what we possess, but in our resilience to adapt and persevere.”

00:00 Financial collapse
5:43 Wealth taking away
8:31 How to be prepared
12:54 Gold price
16:12 The value of gold
18:44 Fed interest rates cut
21:35 Life wisdom

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.

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