David Morgan: Fed Cannot Solve Banking Crisis

By Herman James / May 03, 2023 / marketsanity.com / Article Link

Liberty and Finance, Released on 5/3/23

The banking crisis has gotten bigger. First Republic collapsed over the weekend. "The problem has gotten bigger and more difficult to manage. This time I'm not sure the Federal Reserve will be able to mitigate the vastness of a banking crisis and a currency crisis," says David Morgan, founder of The Morgan Report. "Trust is breaking down." He expects more funds will move into the precious metal sector. However, metals are risen dramatically recently and he expects a short-term pullback.

0:00 Intro1:30 Banking crisis10:11 Currency crisis14:00 Gold & silver update19:50 The Morgan Report20:10 Miles Franklin

David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.

David Morgan: Fed Cannot Solve Banking Crisis added by Herman James on 05/02/2023View all posts by Herman James ?+'

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