THE FED IS CLUELESS | David Morgan
Precious Metals expert David Morgan is bullish on both silver and gold. In the short term, Morgan is more bullish on gold. But in the long term, Morgan sees silver outperforming gold three or four to one.
Morgan warns of a future stock market crash. As the stock market keeps hitting all time highs, “the strong hands are selling to the weak hands.” At some point, the insiders will go short, Morgan says, and the weak hands will be left holding the bag.
The bond market has peaked, Morgan says, and the Federal Reserve is “frightened.” What’s coming? He thinks the Fed has to rate interest rates.
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