[Subscribe to The Morgan Report today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth September 30, 2023 Gold Melts Below The $1,900 Level
I've never seen the sentiment so bad in 40 years plus of investing in the resource sector. Gold is within about 10% if it's all time high and yet you would think gold was making new lows. Global financial markets experienced sustained pressure, with notable losses extending into the early hours of the US trading session. The reason behind this downturn can be attributed to the ongoing rise in US yields, which in turn boosted the strength of the US Dollar. Gold, a traditional safe-haven asset, was not immune to this trend. As of this writing Gold is down -.72% to $1,853.22. obviously cracking the $1900 threshold. Ok, so gold's performance has been less than impressive lately, weighed down by escalating real US bond yields and a revitalized US dollar. These numbers bolster the perspective that the US might be on the cusp of an economic meltdown and I still think this is true. I've been on record talking about a stock market crash in the month of October. Here we are very close to October and the stock market looks to be doing well while precious metals continue in a trading range and almost everybody involved in this market is very frustrated at this point in time. The mining sectors are also following golds performance. The precious metals market has seen a decline since its peak in March 2022. This also can be attributed to climbing interest rates and a buoyant U.S. dollar, both of which have overshadowed concerns about inflation. This doesn't alter our stance on the mining sectors. We remain confident that mining stocks will surge as the economy falters. Those who weather the storm will reap the rewards. The trajectory for Gold and Silver is upward, prompting our long position. We'll maintain our long stance until there's a contrary signal. For you investors, the paramount approach is to exercise patience. Attempting to preempt the market's movements is unwise. [Let Us Show You How To Protect and Preserve Your Wealth Today!]( David Morgan
The Morgan Report Founder Dollar To Go Into The DUSTBIN Of History
The Dollar will go into the âdustbin of historyâ once the Fed reverses, says David Morgan of The Morgan Report. The Fed paused hiking rates last week but is still talking hawkishly. Morgan doesnât expect the Fed to ease anytime soon, but when they do, he forecasts that metals will shoot higher. [Watch The Video Here]( [Subscribe to The Morgan Report today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth Don't Let the Government-Shutdown Charade Distract You From the Debt Crisis
Congress is back in session, focusing on annual spending for discretionary programs, which require yearly votes for funding. This is in contrast to mandatory programs that run on autopilot. However, the real fiscal challenge lies in unchecked growth in healthcare and old-age entitlement programs like Social Security and Medicare. Despite recent debt limit agreements, Washington continues to spend recklessly. The debt limit deal allowed both parties to claim victory while suspending the limit for over 18 months. The losers are the American people, as excessive spending drives up inflation and interest rates. A more responsible approach to raising the debt limit would involve a credible fiscal plan, but Congress chose to avoid it. The longer Washington delays addressing autopilot spending, the worse the damage will be. Projections show that by 2053, government spending could consume nearly 30% of the economy, with over $100 trillion in additional deficits over 30 years. The main culprits are rising interest costs and spending on healthcare and Social Security, which must be reformed to tackle the fiscal crisis. The current shutdown debate is unlikely to lead to significant change and may result in a temporary continuing resolution followed by a spending-heavy year-end bill. Ultimately, the real fiscal challenge facing the United States remains unaddressed. [Read rest of the article here]( Avoiding a Long War The ongoing Russia-Ukraine war has raised questions about how it will conclude, with significant implications for U.S. interests. While some optimistic views suggest that Ukraine may push Russian forces out of the country, the reality is more complex. The article explores potential war trajectories and their impact on U.S. interests, acknowledging the suffering and sacrifices of Ukrainians. [Read The Article Here]( Advertisement "The Silver Manifesto" is a comprehensive book that provides an in-depth exploration of the multifaceted aspects of investing in silver, one of the world's oldest and most versatile precious metals. Written with a focus on educating readers about the potential benefits of including silver in their investment portfolios, the book delves into various dimensions of silver's historical significance, industrial applications, economic relevance, and its role as a store of value. One of the central themes of the book revolves around the historical use of silver as a form of currency. Throughout history, silver has been utilized as a medium of exchange, reflecting its intrinsic value and widespread recognition. The book highlights how silver coins and bars were historically used for trade and commerce, and how this legacy contributes to the metal's enduring value as a tangible and universally accepted form of wealth. Furthermore, the book delves into the contemporary industrial applications of silver, emphasizing its vital role in various sectors such as electronics, solar energy, medicine, and more. This discussion underscores the inherent demand for silver across diverse industries, contributing to its value beyond its monetary aspects. The unique combination of industrial demand and investment appeal sets silver apart from other precious metals. Economic factors are also explored in "The Silver Manifesto." The authors discuss how economic conditions, such as inflation and currency devaluation, can impact the price of silver. Silver's historical role as a hedge against inflation is elucidated, showcasing how it has historically preserved wealth during periods of economic instability. The book explains how fluctuations in supply and demand, geopolitical events, and shifts in monetary policies can influence silver prices. In addition to these analyses, "The Silver Manifesto" underscores the advantages of diversification within an investment portfolio. By incorporating silver alongside other assets like stocks, bonds, and real estate, investors can potentially mitigate risk and enhance their chances of achieving long-term financial stability. [Learn more and grab your copy today!]( [Subscribe today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth "Monetary Meltdown: The Far-Reaching Consequences of Inflation, Government Overspending, and Massive Bank Failures" "Zeroing in right now on just 3 things... Money, Metals, and Mining will lead to EXPLOSIVE profits." IMPORTANT: If you think you missed the early opportunities to profit from precious metals and other hard assets, you would be wrong! The significant gains in precious metals are still to come. In fact, the biggest move in history is coming, but you have to be in now! Seize the opportunity and don't miss out! There's No Denying... The World Economy Experienced A Major Shift The Last Few Years The Future of the Economy May Be On Tilt... Your Financial Future Doesn't Have to Be It's Time To Take Action And Take Back Control Of Your Wealth & Prosperity!
Banks across the United States have been failing at an alarming rate. When Silicon Valley Bank, First Republic Bank and Signature Bank failed, they suffered one of the largest bank failures in U.S. history. Who is next? The scale of these failures is unlike anything we've seen since the 2008 financial crisis - and it's raising questions about the stability of the entire banking system. The world is experiencing massive catastrophic events that has impacted us all on multiple fronts. These events are creating a tsunami of economic destruction include the deterioration of your wealth. The Morgan Report is an exclusive membership-based publication that provides in-depth analysis and expert insight on the global economy and the financial markets. With a focus on precious metals and resource investments, the Morgan Report offers a unique perspective on the complex and ever-changing world of finance. Led by David Morgan, a renowned economist, and financial commentator, the Morgan Report is your ultimate guide to surviving and thriving in a world of financial uncertainty. You'll gain access to exclusive reports, video updates, and real-time alerts on the latest market developments and investment opportunities. Plus, you'll be part of a community of like-minded individuals who are all working to build a more secure financial future. Don't miss out on this incredible opportunity to join the Morgan Report and start taking control of your financial future. With a special offer just for new members, now is the time to act. Don't wait - join the Morgan Report today and start on the path to financial freedom! [Discover What The Morgan Report Can Do For You!]( STAY CONNECTED WITH US [Twitter](
[Linkedin](
[Youtube](
[Website](
[Email](mailto:support@themorganreport.com) Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader. The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein. Brought to you by The Morgan Report | www.TheMorganReport.com 621 Mallon
Suite 307
Spokane WA 99201
USA [Unsubscribe]( | [Change Subscriber Options](