The Morgan Report Blog

What’s Really Going On, In North Korea?

North Korea is certainly in the news day after day, yet very few are “following the money.” The Morgan Report features the vast potential of North Korea’s mineral wealth and some of this is concentrated in the rare earth sector which is critical to high technology platforms such as smart phones. Ask yourself, why hasn’t this information been mentioned in the main stream press?

Although the amount of wealth claimed by North Korea is most likely highly exaggerated, the fact remains that a substantial amount does exist. Who might covet such resources?

 

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We just toured THIS Record by Reserves’ Gold Project!

My name is David H. Smith. I am Senior Analyst for the Morgan Report.

I have just returned from an exciting visit to one of the world’s largest undeveloped Gold/Copper projects – by RESERVES – in the world.

I’d like to share with you some of the “exploration” work I perform, in the search for “Best of Class” resource sector companies that we can recommend for our readers.

Sometimes the landing "Zone" is pretty narrow...

Sometimes the landing “Zone” is pretty narrow…

One of the most touching comments about the reports I write for The Morgan Report was from a colleague who publishes a respected resource-sector quarterly.

Every issue of his publication is read cover-to-cover by paid subscribers and attendees at major conferences throughout North America.

He said,

David, the thing I really like about you and David Morgan’s other analysts, is that you guys often visit the projects and properties you write about. Even more unusual, is that you like to video interview Management – the CEO, the Geologists, the Project Managers, the Major Shareholders.

You’d be surprised at how many analysts research and publish reports without ever leaving their desk!

Flying through "The Tombstones" Yukon - Not for "arm-chair" analysts!

Flying through “The Tombstones” Yukon – Not for “arm-chair” analysts!

I’ll have to say that it really made me feel good. All the times trying to connect flights from a major airport hub to a smaller commuter fixed-wing, and then an almost invariable helicopter (Helo) ride – or several of them – in order to get a better view of the project by seeing the lay of the land, up close and personal.

And in order to scope out where the company is planning to build the components of an operation.

The Helo ride may involve “questionable weather”, side winds, “low visibility”, or a very tight landing spot between canyon walls several thousand feet high.

But it’s all just… part of my job.

Take a look to see where/how they plan to build:

● The Mill
● The Mine
● The Tailing Pond(s)
● The System to get Ore, Concentrate (“Con”), Dore bars to market.
● Any and all possible “Challenges” to the Environment.
● Infrastructure Support that brings it all together – for years – or decades.

Last month our members heard from the CEO of one of the biggest copper-zinc exploration projects in North America. (Yes, we are one the few in the business who conduct video interviews on site.)

As you may know, the price on both metals has been on fire lately. Take a look at the copper price!

5. Cash $Copper Daily

Here’s what the company I profiled in July has been doing in the share-price department lately… Yes, the best information yields the best results!

August2017-DavidHSmithjusttouredTHISRecordbyReserves'GoldProject-Email1d.html

Whenever we share one of our many adventures, we get both positive and negative feedback – which is to be expected.
Also to be expected, is that after one good call, our readers – like hungry trout during a Mayfly hatch – say “OK, Where’s the next big play?”

"OK. Where's the next big play?"

“OK. Where’s the next big play?”

Keep reading because I, David Smith, have been busy “digging” out the best opportunities for you.

Just a few weeks ago, I visited the WORLD’S LARGEST (by confirmed Reserves) undeveloped deposit of gold and copper… which I plan to write about for the September (NEXT) issue of The Morgan Report.

This is a company that’s been going strong for 20 years.

It has:

● The world’s largest gold/copper by Reserves (not Resources)!
● 38.8 Moz. of Gold; 10 billion # of Copper; 183 Moz. of Silver.
● Less than 60 million shares outstanding.
● Current insitu value – per common share…$4,000!
● Projected >50 Year Mine life.
● Copper profile? A negative cash cost/ounce of mined gold!
● Increasing amount of gold ounces/share for stakeholders.
● Flagship Project Fully Permitted: NDA’s with the world’s largest producers.
● Low-cost (already contracted) access to nearby power.
● Best Available Technology (BAT) for operational protocol.
● Social License granted: First Nations, Provincial, Country levels.
● 7 yr./35,000 pp. compliance plan safeguards the environment.
● THREE Times between $35 – $40/share. Now? Under $12…

You need…The Rest of the Story… To Profit Ahead of the Crowd!!

We believe this company – even before a potential take-out by the Majors – is likely to be one of the elite top-tier share price performers when the next confirmed up-leg in the precious metals bull run gets underway.

Will it rocket out of the gate like the company I profiled above in July? No one knows. But I do know one thing…If you don’t act now, then you just get to watch!

The choice is yours. We’ll give you all the information you need to make an informed decision. As I always say, We do the Research. You Do the Math… and verify everything, Since The Decision MUST be Yours!”

If you have read our silver price forecast for 2017, you know what lies just ahead. NOW is the time to ACT!!

You need to subscribe to The Morgan Report today – because other, more expensive newsletters you’ve paid for haven’t measured up.

Remember we have profiled more exploration plays that went on to become producing mines – than anyone else in the business.

We know you can choose and we’re glad you have selected us. But, if for any reason our letter is not for you, just let us know – and we’ll gladly refund your money… every penny.

Sincerely,
David H. Smith

www.TheMorganReport.com

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The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation and asset protection.

Thus was born The Morgan Report – since then we’ve helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter — This Week’s View from The Morgan Report.

Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.

Learn more and become an insider for The Morgan Report, click link below…
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Special Riches In Resources Free Report

Because there is a 100% failure rate of ALL fiat money throughout history, you will learn what to do by obtaining your Free Report. Just enter your first name, your primary email address and click the Get Special Report button below.

Our mission statement reads…

“To teach and empower people to understand the benefits of an honest monetary system.”

Today’s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. We invite you to learn more about what The Morgan Report can do for you. Click on the Learn More About The Morgan Report button now!

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Get Ready for an Historic Upside Gold and Silver Run

The Bigger the Base, the Greater the Upside Case. This saying among technical analysts/chartists helps define where we are today in the precious metals – and where we’ll soon be headed.

It means that when prices “base” in a relatively narrow sideways range for an extended period, they will at some point break out. Before the action gets underway, bears and bulls alike will get “sandpapered” as they take positions, trying to guess whether or not the price is getting ready to decline further or move upward into a new bull phase.

If you consider that time spent in sideways consolidation represents a build-up in stored energy, then a valid upside breakout will be propelled by a lot of buying fuel as old shorts who bet on lower prices offset their losing positions and new longs jump in to get onboard the change in trend.

Chart by Gary Savage, Editor, Smart Money Tracker.

This frustrating sideways movement is not taking place in a vacuum.

Bankster manipulation, algo-trading, “fat finger” futures markets’ whip-saw behavior, and price chasing in both directions becomes a regular feature of the trading landscape. A long time goes by with neither side having enough trading power to break out of congestion.

This takes place concomitant with the central banks’ war on cash, currency and trade manipulation, and geo-political brushfires stacking up around the globe. Ongoing strife in Syria, possible war with North Korea and flash points in the South China sea may be classed as severe “low-probability events, but as Jim Rickards says, when taken in total, it becomes highly probable that at least one of them will ignite a crisis, possibility starting a chain-reaction with the others.

At some point prices jump the rails, catching most by surprise. By the time the picture clears and Mr. Market decides to provide us with some answers, it’s usually too late to climb aboard.

$1300 Gold’s “red line in the sand”
Courtesy Nick Laird

Given the powerful seven-month rally during the first half of 2016 notwithstanding (followed by a more than 50% give-back over the past year), a lot of gold and silver bugs can be forgiven for coming to believe that they will never see a meaningful, sustained resumption of the exciting days of 2005-6, 2009-11 and early 2016.
The feeling of being either “worn out or scared out” – as David Morgan likes to characterize the patience-testing during an extended cyclical bear market wave – has caused more than a few people to sell back their insurance and investment positions in the metals. I believe this is a decision that – sooner rather than later – they will come to seriously regret.

Make no mistake. The government is not here to help you.

Steward Dougherty, in the essay, Currecide: The Globalists’ Planned Annihilation of Your Savings and Freedom states:

Its (gold) going ballistic, is probably better set-up right now than at any other time in history, for a large number of reasons… I continue to think that cash elimination is the biggest story out there. It is a fraud of epic proportions, and its implications are dark and deeply disturbing… Sometimes, you have to say something five times before people say, “Wow. This is important. I better do something about it.” If people decide to “do something about it,” they are going to find that their options are limited. Gold being one of the few of them.

Gold demand would go nuts if only the people could finally understand why they need to buy it right now… I think the dam of realization is coming very close to breaking, and that there could be an outright flood of new, popular awareness and action (my underline).

A Greek financial golden age? Looking at the pathetic financial state of Greece today, it’s hard to imagine that there was ever a time when financial acumen was a trait of which they could be proud. Does the following sound even remotely like what we’ve got going on now – just about anywhere around the globe?

When the Athenian treasury was audited in 440 B.C., it showed a surplus of over 9700 talents – a common unit of measurement for gold and silver during those times. Using current precious metals’ values, aligned with the 14:1 silver/gold ratio favored by the ancient Greeks, those 9700 talents would be the equivalent today of around $700 million!

Says Simon Black, writing in Sovereign Man, “At the time, Athens boasted a population of around 43,000 citizens and 28,500 foreign residents… so on a ‘per capita’ basis, the ancient Athenian surplus amounted to just under $10,000 per person in today’s money. If you compare this figure to our modern world, it’s pretty extraordinary.”

Of the 5 classifications of estimated metals’ holdings for a given project or property tallied for a formal NI-43 101 Report, the most reliable are found in the “Reserve” category, the subsets of which are “Proven” and “Probable”. Everything else being equal, these two listings show what management believes – backed by a variety of exploration methods – have the highest probability of being economically feasible.

Source: SNL Metals & Mining U.S. Global Investors IAMGOLD

Discoveries, reserves, and grades (grams/tonne) are in steady decline.

For well over a decade, the grade (grams/tonne) of gold produced has been steadily declining. Since 2013 listed reserves, as well as absolute production itself looks to have peaked. And now it’s taking years longer just to bring a new discovery into operation. Toss increasing demand into the mix, and the math points in only one direction – higher prices.

It’s not easy to buy metals when they’re trading sideways to down.

It’s taken a lot longer for us to reach “the promised land” of sustainably higher gold and silver prices than most anticipated. Yes, the herd is throwing money at the DOW and the S&P, assuming they will grow indefinitely to the sky. Yes, with all these things considered, it’s difficult to start or continue accumulating precious metals. And the charts have only recently begun to suggest a change. But…

When things look this way and you feel like going with the herd and maybe stepping in what it leaves behind, recall once again Rick Rule’s famous (and profitable) investment cautionary, “You can either be a contrarian… or road kill.” Could his “investing rule” make your decision to “keep on stackin'” a bit easier?

Warren Buffet has without a doubt, been one of the preeminent investors of the modern era. As you read the following quote, replace the term “stocks” with “precious metals.”

“To refer to a personal taste of mine, I’m going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the ‘Hallelujah Chorus’ in the Buffett household. When hamburgers go up in price, we weep. For most people, it’s the same with everything in life they will be buying – except buying stocks. When stocks go down and you can get more for your money, people don’t like them anymore.” – Fortune Magazine: “The Wit and Wisdom of Warren Buffett.”

The clock is ticking. The ducks are lining up. Are you paying attention? Do you have a plan? Are you working your plan…?

by David Smith

This article first appeared on MoneyMetals.com

The vanadium bull (500%) and one vanadium stock that few talk about

by John Lee, CFA (https://twitter.com/johnlee25893955?lang=en)

Roughly 8 months ago in December 2016, I published an article titled “Ride the Vanadium Wave After Lithium”.

In the article, I talked about vanadium redox flow batteries (VRB) which are ideal to store the electricity produced from solar and wind farms that struggle to sell their electricity at times of peak production; and compared to lithium-ion batteries, VRB are non-flammable, environmentally friendly, have estimated lifespans in excess of 10,000 cycles and maintain 90% of their capacity over 20 years.

In 2017, I have written an additional 3 articles about the virtues of vanadium batteries and vanadium’s potential upside for investors.

Today, July 31, the price of vanadium pentoxide (V2O5), which is the proxy for the benchmark price measure for vanadium, reached US$12.4/lb, having more than doubled from US$5/lb at the time when I started covering vanadium 8 months ago. The price is up over 500% since January 2016.

Source: www.asianmetal.com

Source: www.asianmetal.com

I am not alone on my bullish vanadium stance,

In May Mr. Robert Friedland stated:

“We think there’s a revolution coming in vanadium redox flow batteries,” he says. “You’ll have to get into the mining business and produce ultra-pure vanadium electrolyte for those batteries on a massive scale.

We’re very deeply interested in how you store electrical energy in the grid.

The beauty of the vanadium redox battery is that you can charge and discharge it at the same time, something that can’t be done with a lithium battery. With a vanadium redox flow battery, you can put solar power and wind power into the battery, and you can put excess grid power into the battery at night, and at the same time you can have a stable output into the grid.”

In July at the Natural Resources Forum event at the London Stock Exchange, Robert Friedland was said to be
“in a Vanadium-induced ecstasy. Never could we have imagined the metal having such a euphoric effect. In any case it gave the Friedland imprimatur to a metal which most metals watchers have rarely paid any attention to due to it (largely) being a by-product of other mining and curiously of the petroleum refining industry.

It was not just Friedland though that has latched onto this bandwagon as we have heard vanadium name-checked at a number of recent events recently as the next best thing now that Lithium has somewhat done its dash with promoters overcooking the soufflé.”

The logical question now is: where does vanadium go from here?

Consider the following

Demand Side:

According to Mark Gordon, Senior Resource Analyst, Breakaway Research

“The main use of vanadium is as a steel additive in high-strength steel, which accounts for about 92% of the current global demand of ~100,000t of contained vanadium (~180,000t V2O5 equivalent). The addition of just 0.2% vanadium to steel increases steel strength by up to 100% and reduces weight in relevant applications by up to 30%”.

As buildings are getting taller, the vanadium demand will only increase as China and other developing countries continue to upgrade building safety standards against earthquakes and floods.

Vanadium battery adoption is still in its infancy with less than 500MW (0.5 GW) of installed capacity globally while solar and wind energy combined capacity is at 550GW in 2016, up from 100GW in 2007. There is a lot of pent up demand for VRB, not even counting any future growth of wind and solar capacity.

Supply Side

According to Vanitec (www.vanitec.org), a vanadium industry support organisation,

“Titaniferous magnetite (titanium iron ore) is the most important source for vanadium presently accounting about 85% of the current world V2O5 production.”

I have not come across a credible vanadium analysis of the Chinese market, however based on various sources I gather China accounts for 60% to 80% of world vanadium production. About 20% of the annual Chinese vanadium production, or about 10,000 to 15,000 tonnes of vanadium come as a by-product from small and medium-sized steel mills that are gross air and water polluters with low energy efficiencies and metal recoveries.

Articles at www.asianmetals.com and www.metalbulletin.com attributed the recent vanadium price run up to environmental inspections in China, whereby thousands of tonnes of vanadium supply were removed from the market in July because of facility shut downs or capacity reductions.

I wonder, why do they shut down plants during inspection? Are not inspectors required to collect air samples from chimneys and samples of solid and liquid discharged materials for analysis?

I estimated potentially 10% of global vanadium supply (or 20% of the Chinese vanadium supply) could disappear over the coming months due to permanent plant shut downs. Given the abundance of Chinese vanadium resources, new vanadium production will come on stream however ramp-up could take years considering time for permitting and construction. Suppliers will certainly charge a premium to pay for the new plants that adhere to environmental standards.
Overall, in the short and medium term, I see rising vanadium demand, and flat to possibly declining supply. Throw in a shrewd trader like Glencore plc which controls about 10% of the global vanadium supply, you certainly would not want to be on the short side.

At present time, there is no meaningful or declared vanadium inventory. Vanadium consumers without pre-existing relationship with a bonafide supplier are truly at the mercy of a handful of traders as they scramble for supply at present time at all costs to avoid disruption of their business.

A rising vanadium price makes for increased interest in miners that produce vanadium metal. The only vanadium mining company I know of that’s listed on US or Canadian stock exchanges is Largo Resources Ltd (“Largo”).

Largo’s Maracás Menchen mine is situated on a magnetite (iron ore) deposit. The vanadium grades are high compared to other similar magnetite deposits. However, the operating cost is also high as the vanadium ore (1%) is mixed with high iron (>45%) and other metals. Iron and other metals have to be separated and extracted out by several pyro-metallurgical steps (where vanadium is lost through each step) before the vanadium can be extracted at an overall combined low recovery rate (30% to 40% in our own calculation).

Thevanadiumbull(500%)andonevanadiumstockthatfewtalkabout -Image2

I have written about Largo in my previous articles and avoided owning the stock personally as it had 2 times debt to equity ratio and was a marginal vanadium producer at US$5/lb V2O5. With the current US$10/lb V2O5 price, Largo is a very reasonable speculation with much improved and very attractive reward to risk profile.

Prophecy Development Corp. (TSE: PCY, OTCPK: PRPCF) (“Prophecy”) is the only other vanadium company worth mentioning in my opinion.

Prophecy owns 2 vanadium projects in Canada and 2 in the United States with its flagship Gibellini vanadium project in Nevada.

The Gibellini project is the only North American black shale vanadium project with a full feasibility study. The project is amenable to open pit mining and heap leach processing and has the potential to become the first primary vanadium mine in the United States.

Black shale (also called stone coal) is an important vanadium resource in China. Black shale is regarded as a low-grade multi-element ore. However, because of its relatively high vanadium grade compared to other metallic and nonmetallic elements found in black shale, research and studies of the recovery of vanadium from black shale have received considerable attention and investment in China since early 2000, based on the Prophecy’s research. This has resulted in several black shale vanadium-producing mines in China utilizing established, low cost, solvent extraction and precipitation methods today.

The Gibellini project represents a pure-play vanadium opportunity in North America to investors because Gibellini material is low in deleterious metals and non-metals (typically less than 1% Fe, 0.5% Ca, 0.3% Mg, 0.2% Ti) and is thus conducive to well-established solvent extraction and precipitation methods. Since the process already yields vanadium in sulfuric acid in an intermediary step to producing vanadium pentoxide, it is expected that this intermediary product can be pulled from the process stream and used directly as an electrolyte for grid-scale energy storage batteries.

AMEC E&C Services, Inc. (“AMEC E&C”) prepared the Gibellini Project resource estimate and feasibility study titled “American Vanadium, Gibellini Vanadium Project” having an effective date of August 31, 2011 for American Vanadium Corp. (“AVC”) following the guidelines of the CIM Definition Standards for Mineral Resources and Mineral Reserves. The report which was prepared according to the disclosure requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) outlined 7.9 million tons at a weighted average grade of 0.32% vanadium pentoxide (V2O5) in the measured category and 15.16 million tons at a weighted average grade of 0.28% V2O5 in the indicated category making for a total resource of 23.05 million tons at a weighted average grade of 0.29% V2O5.* Total metal content of the measured and indicated category resources is 131.37 million pounds V2O5. The inferred category resource is 14.23 million tons at a weighted average grade of 0.17% V2O5. The total metal content of the inferred category resource is 49.42 million pounds V2O5.

Based on the feasibility study base case, Prophecy projects mine production to average 11.4 million pounds of vanadium pentoxide per year. Prophecy believes the Gibellini Project could potentially become a low-cost primary vanadium producer based on the low strip ratio of 0.22 and a unit operating cost of US$4.10/lb of vanadium product reported in the feasibility study.

The study’s base case scenario places the Gibellini Project’s after-tax IRR at 43%, and after-tax NPV at US$170.1M at a 7% discount based on capital cost of US$95.5 million and US$10.95/lb vanadium pentoxide price. The vanadium pentoxide price as of today on July 31, 2017 is US$12.48/lb.

*The historic Gibellini mineral resource estimate that was prepared by AMEC E&C for AVC has an effective date of July 31, 2011. Results of the study were disclosed previously by AVC in accordance with NI 43-101 and are considered historic in nature by Prophecy. Mineral resources are reported inclusive of mineral reserves. This historical estimate was prepared using currently accepted methods and assumptions but the costs and prices assumed are not current. It is considered relevant in that the estimate was prepared for the resource area Prophecy intends to lease and acquire and open pit mining was assumed. It is considered reliable since the geologic model developed by AVC geologists was used. This historical estimate assumed open pit mining, on-site processing by heap leach followed by solvent extraction and precipitation, and all services provided by a contract miner. The key parameters for resource estimation included ten foot composites that honoured the domain, grade was interpolated to a distance of 110 ft from the composites, composite grades greater than 1% V2O5 were capped to 1% V2O5 beyond 110 ft, the domain boundaries and a minimum grade of 0.05% V2O5 were used to limit grade interpolation, and a long-term V2O5 price of US$12.59/lb was used. The key methods used include consideration of lithology, alteration and assay results to establish oxidation domains, capping assays and composites as described previously, variography, ordinary kriging, and validations to assess potential bias. The historical estimate uses the same resource classes described in Section 1.2 of NI 43-101. The historical estimate does not include any more recent data or estimates available to Prophecy. The work needed to upgrade the historical estimate as current mineral resources is to use current costs and metal prices. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources. Prophecy is not treating the historical estimate as current mineral resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

The Gibellini Project was undergoing the initial stage of the permitting process but was placed on hold by the original owner. The permitting process can be resumed in short order and construction is expected to start in 2019 subject to favorable market conditions and completion of project financing.

Prophecy’s market capitalisation today is Canadian $15 million.

Fundamentals aside, from a contrarian viewpoint, the lack of vanadium coverage by mainstream media (Bloomberg, BNN, CNBC, or even mainstream metals-websites such as www.kitco.com) tells me what we have seen so far ain’t nothing yet compared with what’s to come.

John Lee, CFA.
jlee@prophecydev.com
follow me: twitter https://twitter.com/johnlee25893955?lang=en
linkedin https://ca.linkedin.com/in/john-lee-baa93422

John Lee

John Lee, CFA is an accredited investor with over 2 decades of investing experience in metals and mining equities. Mr. Lee joined Prophecy Development Corp. (www.prophecydev.com) in 2009 as the Company’s Chairman. Under John Lee’s leadership, Prophecy raised over $100 million through the Toronto Stock Exchange

As full disclosure, I am the Chairman and largest shareholder of Prophecy. The opinions, estimates and projections presented herein are my own and not of Prophecy. This article is not intended to be an offer to sell or a solicitation for an offer to buy securities. Though the sources of information are considered reliable, no representation or warranty, expressed or implied, is made as to the accuracy or completeness of the information contained herein. Neither myself or Prophecy accepts any liability whatsoever for any loss arising from any use of this article or its contents.The technical contents of this article have been reviewed and approved by Christopher M. Kravits, CPG, LPG, General Mining Manager of Prophecy. Mr. Kravits is a Qualified Person as defined in NI 43-101. Mr. Kravits is a consultant to Prophecy, holds no equities in Prophecy and is not independent of Prophecy since most of his income is derived from the Prophecy.

The Morgan Report’s Weekly Perspective with David Morgan

The Morgan Report’s Weekly Perspective | http://www.themorganreport.com

The Morgan Report’s Weekly Perspective is our free e-newsletter. Our free e-newsletter will keep YOU in the top 3% of the Informed, the Awake, and the Aware.

Join our Free weekly e-letter…
http://www.themorganreport.com/joinfreelist




I’ve Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors.

The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation and asset protection.

Thus was born The Morgan Report – since then we’ve helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter — This Week’s View from The Morgan Report.

Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.

Learn more and become an insider for The Morgan Report, click link below…
http://www.themorganreport.com/join

 

Special Riches In Resources Free Report

Because there is a 100% failure rate of ALL fiat money throughout history, you will learn what to do by obtaining your Free Report. Just enter your first name, your primary email address and click the Get Special Report button below.

Our mission statement reads…

“To teach and empower people to understand the benefits of an honest monetary system.”

Today’s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. We invite you to learn more about what The Morgan Report can do for you. Click on the Learn More About The Morgan Report button now!

Learn More About The Morgan Report *

  

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