Liberty and Finance, Released on 7/19/21
0:00 Intro
1:15 Markets pullback
2:07 Silver update
2:49 Psychological capital
3:50 Gold update
4:39 Seasonal weakness
5:51 Inflation
7:38 Irrational market
8:32 Stagflation
10:23 Mining sector
11:24 Dollar Cost Averaging
12:30 Physical metals vs miners
Senior Analyst at The Morgan Report David Morgan says silver could fall lower from here. The silver market is trying to set a secondary summer low, he notes. “This may be a bigger move down than we would like to see,” he says, “but it’s not out of character in terms of the weakness that you tend to see in late summer.” Gold has held up nicely while silver has plunged more than 2% today. Gold could follow silver lower in the coming days, David says. However, after Labor Day is seasonally strong for the metals.
David H. Smith is senior analyst for The Morgan Report, and a ghostwriter. Smith has visited and written about properties in Argentina, Chile, Mexico, Bolivia, China, Canada and the U.S. He is an investment conference/workshop presenter at gatherings in Canada and the U.S. He is co-author, along with David Morgan, of Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock Wave. Along with Mr. Morgan, he is an advisor to the LODE Cryptographic Silver Project. His work for subscribers can be found on The Morgan Report and for the general public at Silverguru.