BRACE FOR IMPACT – As the DOW Sets Record High After Record High,
Market Expert David Morgan Warns A Market Crash Is Coming…
Silver expert David 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.
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 bullion outperforming gold three or four to one.
The bond market has peaked, Morgan says, and the Federal Reserve is “frightened.”
Roy Friedman, President ofUS MintAuthorized Purchaser Manfra, Tordella, & Brookes Joined the Show This Week For A Fascinating Discussion On the Inner Workings of the US Physical Silver Bullion Market. Friedman Discusses The Coming Asset Reallocation, Physical Silver Bullion Shortages, & Trump: Could The Donald Be the Catalyst That Finally Separates the Paper and Physical Silver Markets?
The USD/JPY pair is clinging to crucial support near 111.70. If the level fails to hold, the next support emerges around 106 – essentially indicating a retracement of the entire move since the trump election. A breakdown would add significant fuel to the current gold rally, and would likely mean prices are headed back towards $1300/oz.
Perhaps more importantly, gold’s 50 week moving average has crossed it’s 200 week moving average to the upside – a significant indicator of trend change as the pair have only crossed 4 times in the past 25 years, each time predicative of 3-10 years of subsequent market direction.
SD’s Midweek Market Flash Breaks Down the Action As Triple Witching Week Begins: Options Expiration, and FOMC Meeting, & CHINESE MARKETS CLOSED For A Week. We Suspect Nothing Good Will Come of This For Gold & Silver Prices…
Before the election, the financial sector was sending the signal Trump would be a disaster for the economy.
But Trump has won, and the market commentary has reversed. The stock market is trading at all-time highs while the gold price is falling. What is going on? GATA Chairman Bill Murphy reveals TPTB are manipulating people’s perceptions in order to avoid a chain reaction in the markets, and it’s working – at least for now…