David Morgan: Demand For Physical Gold & Silver in China & India Overwhelming GLD, SLV, LBMA & COMEX

Wall St. For Main St., Released on 4/2/24

During this 40+ minute interview, David Morgan talks about how in his long career covering gold and silver he has never seen physical demand for gold and silver out of China and Indian overwhelm GLD, SLV, LBMA and COMEX this much in only a few months. David talks about how many US and Canadian bullion dealers are stuck with a lot of inventory and are lowering premiums desperate to move inventory that they have losses on while prices keep rising in China. David also talks about how the wholesale silver market and when to buy silver and how to find silver coins and bars when premiums fall. Many US retail bullion dealers are flush with a lot of gold and silver inventory and are lowering premiums. David talks about how very few new gold and silver mines will be built unless metals prices stay high for years. David talks about his successes and failures in the royalty business and investing in precious metals royalty and streaming company shares. To wrap up the interview, David talks about how there’s a lack of copper and cheap electricity for new technology.

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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.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. 

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