A Discussion with David Morgan

162

Unfortunately, our weekly webinar was canceled today as my internet completely failed just as we were getting started. However, thanks to the great kindness and patience of our guest, David Morgan, we were still able to record some audio this afternoon.

After a massive storm knocked out power overnight, my internet went completely offline about 10 minutes into today's A2A. It just came back up a few minutes ago and David was gracious enough to offer everyone this 20-minute podcast as an alternative.

Over the course of this call, David and I discuss Comex silver, global silver supplies and how one might continue to add ounces and shares, even though prices have already risen quite sharply in 2016.

Again, my apologies for the lack of A2A today. The series will return next week...hopefully with dependable internet service.

TF

  162 Comments

AIJ
Jul 8, 2016 - 9:12am

Damn AG back to unchanged

Adding to my SLV calls just got more expensive......

AIJ
Jul 8, 2016 - 9:13am

AG Climbing

sigh.....


Jul 8, 2016 - 9:15am

Hourly Long Bond

Ummm, if we take out that low today, down near 2.10%, what would that tell you about global NIRP etc?

Joseph Warren
Jul 8, 2016 - 9:15am

Dip ?

Was hoping for longer & deeper buying op in silver today, but she's not co-operating all that well. If you can't rely on the 'jobs report' lie to do the job, what can ya count on ? Come on crooksters ! I need some more silver - and I want to get it as cheaply as possible :) Try, try again damnit

AIJ
Jul 8, 2016 - 9:16am

Classic "covering your shorts" move

or as I like to say, "covering your ass"

murphy
Jul 8, 2016 - 9:18am

And.... we're green

And.... we're green

pbreed
Jul 8, 2016 - 9:19am

FUBM

FUBM!
FUBM!
FUBM!

FUBM!

Goldencross
Jul 8, 2016 - 9:19am

See here we go! LIFT OFF!

See you at Silver $22 + folks!


Jul 8, 2016 - 9:19am
AIJ
Jul 8, 2016 - 9:21am

Next week should be interesting...

...especially about the 12th or so....

Ack! IM data supports 16days as of early tue, 12th. BTC should cross and hold 688 on way to 1000. Ag heading for 30's.

silver10sguy
Jul 8, 2016 - 9:23am

Nice Spike in Silver after the Drop

Wow! Jobs number a joke! Wow! The silver spike back up was certainly quick.

Ronnie55
Jul 8, 2016 - 9:24am

Bullshit

It appears the markets may be seeing right through the bullshit they spewed at us this morning just like Andy Hoffman said it would.

Royal Flush
Jul 8, 2016 - 9:31am

Amazing!

It warms my heart to see just how ineffectual these putz banksters have become!

They are going to end up screwing themselves sooooo hard at the end.

AGAU
Jul 8, 2016 - 9:35am

CLINTON STINK

Maybe its just me but it seems that every time a major stink cloud start emanating around one of these Washington cockroaches , Obama Clinton etc some tragedy comes along to fill the "news" airways and diverts the peasants attention and keep the real stench off their I-phones ,I-pads tablets and such. Dead police officers a tragedy it is an insult to the honest police officer who can see what he is faced with, but I have to agree with AE there is no "peace officer" any longer they are now a private militarized thug /SWAT squad in many cases, put them in the same bin as TSA, IRS,DHS,EPA and all the others who have been tooled up to attack Joe public. Get pulled over by a fat arsed traffic cop and see how much respect YOU get from a guy whose wages YOU pay and remember the old "you don't have to say anything" etc yeah try that and report back ha ha try it and the old "hurry up stick" soon comes out .

One of the most dangerous times in your life in America is being pulled over by the police!! unfortunately this is much worse if you are black !

the real tragedy -- I spoke to a lady yesterday who was not even remotely aware of Clintongate

Bye bye Miss American Pie !!

Havenstein
Jul 8, 2016 - 9:36am

Today's Prep

This might be in order this morning

to prevent this


Jul 8, 2016 - 9:38am

fwiw

The HUI opened about 1% higher at 267. Would you have taken that at 8:31 am EDT?

infometron
Jul 8, 2016 - 9:46am

Regarding going out on a limb with my BLSBS prediction...

"snap"! (Thanks Dr. Janda, I meant the household survey, really I did ;^)


Jul 8, 2016 - 9:46am

One more thing before I start

One more thing before I start a new post...

Via skype, I sent that SD link re Sister Christian to Keith Neumeyer. His response: "He's an idiot."

Freaking classic! Buy more AG today today just to piss off Sister and all of his crooked cronies!


Jul 8, 2016 - 9:50am

And why are the metals easing back

Both rates and USDJPY have magically moved back up in unison...


Jul 8, 2016 - 9:51am

Isn't that some crazy HFT bullshit?

LOOK AT THOSE TWO CHARTS! You can't even tell one from the other!

tyberious
Jul 8, 2016 - 10:00am

Jul 8, 2016 - 10:03am

GDXJ

I just sold my 5 $43 GDXJ calls for a very healthy profit. Pausing here to see what to do next.

infometron
Jul 8, 2016 - 10:04am

@Turd Re: HFT bullshit

Hope on the horizon?

https://www.zerohedge.com/news/2016-07-08/jim-simons-atomic-effort-thwart-hft

I wonder, would such a system make any difference?

KeynesianKryptonite
Jul 8, 2016 - 10:14am

And More from Clif . . . "reversal day" for AG

Ack! Yes, the patterns show the 'reversal day' has occurred! Ag $38 *may* be reached before July 28!

clif ‏@clif_highclif ‏@clif_high 26m26 minutes ago

LostMind
Jul 8, 2016 - 10:24am

If you needed anymore "conspiracy thoughts"

https://stateofthenation2012.com/?p=42397

https://stateofthenation2012.com/?p=29475

I've never read their stuff before, but damn it is thought provoking..

Who can you trust?!?!?!?!?

Seems the blender is set for puree this time

truthseeker TF
Jul 8, 2016 - 10:29am

@Turd re GDXJ

Understanding that it never hurts to take a healthy profit - and awaiting your next post - could you explain a bit your timing for selling your calls?

The BLSBS is now behind us. Precious metals have rebounded nicely from the spike down. We are going into the weekend when bad news is more likely than good news (and not negative to PMs)...

Why the pause to think? What would trigger downside from here? Thoughts?

BillD
Jul 8, 2016 - 10:32am

THIS MORNING

Richard Strauss - Also sprach Zarathustra, Op. 30
tonym9
Jul 8, 2016 - 10:41am

Japan elections Monday. I

Japan elections Monday. I only caught a little of it last night but the gist is Abe is working with an official to get elected so he can increase his actions. I need to research this more, but it sounded like more Japanese action....something about amending the constitution also. I would expect Asian markets to move on the election, for sure the yen/usd

tyberious
Jul 8, 2016 - 10:43am

Bix

For those who haven't read my first book here's your FREE copy: Book I: "Silver, Gold, Bitcoin...and God!" by Bix Weir https://www.roadtoroota.com/public/1530.cfm All the chaos going on right now in the world has been laid out clearly in my books. This is a carefully constructed script that continues to be followed by those running the game: 1) Prop up the stock markets via unlimited computer rigging 2) Hold the price of gold, silver and Bitcoin in check 3) Foment massive amounts of chaos during the 2016 "Summer From Hell" 4) Expose and destroy the two Political Parties making a 3rd party ticket not only possible but likely 5) Detonate the Derivative "Weapon of Mass Financial Destruction" in Europe 6) In preparation for the transition - arm the public to the teeth via the backlash from multiple False Flag attacks where everyone flocks to their local gun shop 7) Teach the people REAL lessons about fighting for their Freedom and Liberty 8) In the End - drop all the controls and let the pieces fall into place Yes, we are pawns in this game but with enough of us "in the know" we really can overthrow our controllers and change our world into something beautiful and REAL. But the transition, like all big changes, is going to be very messy. This week's Friday Road Trip is Roota's Timeline article update here: https://www.roadtoroota.com/members/479.cfm May the Road you choose be the Right Road. Bix Weir www.RoadtoRoota.com Edit: I should be sleeping

tyberious
Jul 8, 2016 - 10:45am

Employment Report Farce And

Employment Report Farce And More On The Comey/Clinton Connection

The non-farm payroll is nearly as corrupted as the James Comey/FBI and Loretta Lynch/Justice Dept cover-up of Hillary Clinton’s crimes. A poll done by the ABC New affiliate out of Virginia showed that nearly 95% of those polled thought that Hillary should be criminally prosecuted: 8 News Daily Poll.

I suspect that a large portion of the public is beginning to understand how tragically and catastrophically corrupted the entire U.S. political and financial system has become, which means I doubt many people believe today’s non-farm payroll report either. I’m not going to “legitimize” it by analyzing the numbers other than to say that the headline report conflicts drastically with every single private-sector economic survey that includes an employment measurement index. Drastically.

https://investmentresearchdynamics.com/employment-report-farce-and-more-...

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