Silver’s Potential and What’s Coming With Fedcoin
We speak with David Morgan on his views on silver inventories and price direction, given the factors he sees in the metals trade and the economy.
He points out that silver will be the money of the people because it is largely ignored by the elites, where gold is not.
David provides his views on the Fedcoin, a government-issued digital currency, how it will be implemented, and how silver provides an alternative.
He does not believe, for example, that Bitcoin and other private cryptocurrencies will be specifically outlawed, but they will not be allowed for use in most public transactions such as mortgages, state transactions, and other types of retail open market purchases.
We discuss gold and the differences versus silver in terms of value to the investor and freedom from the state issued currency.
He points out that he started as a “goldbug” before the Hunt Brothers turned his attention to silver. And he provides his view on what the Hunt Brothers were likely doing in their trade of silver.
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