DAVID MORGAN, THE REAL VALUE OF INVESTMENTS
His advice can earn millions of dollars and for this reason, he has been considered an “investment guru”. His book “The Silver Manifesto” is a real bestseller.
Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals armed with degrees in finance and economics as well as engineering, he created the SilverInvestor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.
David Morgan considers himself a big-picture macroeconomist whose main job as education—educating people about honest money and the benefits of a sound financial system—and his second job as teaching people to be patient and have conviction in their investment holdings. 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”; available as an e-book or through Amazon.com. As publisher of The Morgan Report, he has appeared on CNBC, Fox Business, and BNN in Canada. He has been interviewed by The Wall Street Journal, Futures Magazine, The Gold Report and numerous other publications. Additionally, he provides the public a tremendous amount of information by radio and writes often in the public domain.
He discusses the supply situation for silver, as well the significant consolidation within the silver mining industry. He also covers the metals derivatives market, and the risks involved.
Last April he made the point that silver is at last confirming gold’s rise this year, which he believed was a very bullish sign of things to come.
When we speak about investments, the most people think in real estate. Why did you choose to advise on metals?
Real Estate investing is all about YIELD! If you purchase a property, it first must provide a return on investment and if it does not you have not invested you have deluded yourself. Real Estate can be compared to a Bond, for example if a bond investor buys $250,000 in bonds at ten percent the investor will receive $25,000 per year for the life of the bond and get the principal back at the end of the term.
If a Real Estate investor buys a property for $250,000 they need to determine the yield, and if there is no yield then there is no investment. The reason I am unfavorable to real estate at this time is because many so called investors will buy a property for a given amount and then rent that same property that produces a negative yield. This is insanity, but we see that often in the major cities around the world, where an investor buys a property and rents at a loss because the property will increase in value but this is rank speculation at best, and extremely poor judgment at the worst.
At certain times in history owning money is the best idea available “investment” because all other investment classes have become so corrupted and distorted that having money is the only sensible choice. We are at such a point today, which means people that are the best informed choose to place a portion of their wealth into the precious metals.
What happens if our Monetary System is heading towards a crisis point?
The monetary system is in the process of failing and there is no doubt and every time more news verifies that the global economic system is failing further, the mainstream will either ignore the data or spin it into a propaganda piece. What happens is the market will determine the winners and losers by means of repricing everything. Those that have money exempt from political control will be rewarded above and beyond all others because the currency wars, and global elite are very predictable over the long term.
We are involved in a political and economical delicate moment and it seems to be that all people are prepared to advice others where to invest. Don’t you think that the unprofessional people can damage very much in those that they want to invest in these type of values?
I am very free market, which means all ideas from whatever the source can be evaluated even stupid ones. Being a professional is not an exemption from stupidity, in fact most of the PhD’s think my views are absurd and fringe ideas although the evidence is clearly in my favor. The “problem” with the free market approach is that people have to take responsibility for themselves, their decisions and think critically which means – WORK and today most people are too lazy or intellectually challenged to do their part to determine the best advice.
What kind of tools do you offer to be prepared for the market crisis?
That is best determined by following my work because it is multifaceted and dynamic. There are many places on the Internet…
We also offer consultations over a Skype connection.
You must have a lot of investors around the world. Is there a big difference of mentality depending on the different countries?
Actually no, most investors at this level understand the truth and how a monetary crisis unfolds because they are willing to make the determination for themselves as I outlined so briefly in the previous question.
You say that the market in precious metals is still young.
Yes, we are just entering into the third leg up which means the greatest gains are ahead of us, but the public will not come into the market until we are half way there. For example if gold is going to $5000 for example, the public will not become interest in masse until gold is challenging the $2500 level. Every time I give this idea people want to focus on the price not of the idea, the idea is what is important here, not the price!
I have often said that 90% of the move comes in the last 10% of the time, although this is not a precise ratio the concept is accurate. Look to the past to determine the validity of that statement, and account for the technology bubble, Japan Stock Market, Real Estate bubble and others.
How you can show investors how it is still possible to make huge profits and protect their wealth with precious metals and continue to grow their wealth regardless of the changing winds of politics, the economy and the financial markets….
That is my life’s work and is available to our website members, although much is given for free and we do offer a free e-letter that comes out weekly.
How do you see the future of silver, gold and precious metals now and in the next five years?
Now is the best time to get involved in the market as the bottom seems to have been made, a few disagree but from my work the bottom has been achieved. In the next five years gold and silver will go into the financial record books because we have never faced a global economic (monetary) breakdown of this magnitude in prior history.
What would you suggest to people planning to invest, but they don’t know where to do.
Learn, become educated about monetary history, look to the past for examples and then take action. Most people only need a small exposure to the precious metals to protect and enhance their financial future going forward.
Tell us how people can learn more about what you do?
The Morgan Report is available in English, German, and Chinese. Anyone interested can Google David Morgan silver and that will keep anyone busy for several hours reading, listening and watching.
One of my favorites is a documentary call the Four Horsemen Film see:
This will prepare people with the Big Picture and outline the problems and challenges we are all facing. It is time for truth at all levels by everyone and that is determine by the common people not the political class.