Physical Precious Metals Markets May Freeze Up… Buying Frenzy

[BADecker]

Physical Precious Metals Markets May Freeze Up… Buying Frenzy

Economist David Morgan of The Morgan Report is one of the world's best known silver investors. In the following interview with Future Money Trends Morgan discusses his personal experiences during the last major run-up in gold, when it hit a price of $850 in early 1980. As Morgan describes it, there was significant panic buying during that time period, and should central banks and governments continue on their current course, we'll see a similar endgame play out this time around:

What's good for gold is the end of empire… And we've got governments that are failing… When these bond markets blow up further, that's when you're going to see a run to gold than we've already seen…

Read more at http://www.shtfplan.com/headline-news/economist-talks-endgame-scenarios-physical-precious-metals-markets-may-freeze-up-buying-frenzy-5000-gold-is-a-conservative-estimate_08292016.

[bryant.coleman]

He may be right. I have seen a few other experts predicting gold prices above $5,000 per Oz by 2020. I have done my own R&D, and I agree with their findings. The recoverable deposits of gold are about to get exhausted, and at the same time the annual demand for gold is sharply increasing. My advice is to hoard as much you can, at the current prices.

[BADecker]

And what do you think about the poor man's gold > silver?