Stansberry Research, Released on 8/22/22
The Inflation Reduction Act passed last week does almost anything except address inflation, says David Morgan, author of The Silver Manifesto and founder of TheMorganReport.com. The "misnomer bill" only accelerates the current trajectory of the U.S., "and it does not end well," he tells our Daniela Cambone. Based on the current geopolitical landscape, "globalization is breaking up and is basically a failure," Morgan concludes.
00:00 Inflation Reduction Act3:35 Fed's $12 trillion QE9:52 Morgan's biggest worries11:46 Recession and inflation redefinition14:28 Morgan's thoughts on cryptos17:19 U.S. dollar and the fiat system19:17 Why won't the price of gold move higher?20:20 Silver is undervalued22:28 Final thoughts of investing
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.
'We're in the Matrix': U.S. On a Trajectory That's Not Going to End Well, Warns David Morgan added by Herman James on 08/22/2022View all posts by Herman James ?+'