David Morgan: SILVER may Outperform GOLD by a factor of 5!

November 17, 2012 By 16 Comments

In his latest interview, silver guru David Morgan makes the case for why silver will likely out perform gold by 5 fold over the coming bull run!

MUST LISTEN!!


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Comments

  1. Avatar of Marchas45 Marchas45 says:
    November 17, 2012 at 12:04 PM

    LMAO at all the hypsters, when I started in Silver the hype was $100 in a year now they are talking 2016 or 4 years down the road. I can hear them now if Silver hits that mark sooner. ” I told you it was coming it just came earlier “. Lol Bottom line is I know it’s heading up and that’s why I’m still stacking long term.

    • Avatar of 427 427 says:
      November 17, 2012 at 12:20 PM

      Yep can’t stand all the predictions trying to nail down a price and time. It’s like they all want to be a profet or something or there just getting paid flapping there lips.

      I’ll flap mine a little here has silver gone up and down in the past? Will it continue to do so in the future? Lets study the chart 

       

    • Avatar of ricin3000 ricin3000 says:
      November 17, 2012 at 10:06 PM

      It’s very instrumental but incomplete without this one ;-)
      Together, these graphs contain pretty much all you need to know. There’s historical ones (much older, perhaps less accurate as well, google is your servant). Very interesting.

  2. Avatar of 2 OZ. 2 OZ. says:
    November 17, 2012 at 12:14 PM

    Right on Charlie,
     
    One thing is for sure, if you relied on your 401K (not everyone) twice in the past 15 -20 years, you have lost about half of what you had. If it was in savings, you lost even more. If you bought silver 15 – 20 years ago, not only did you maintain your wealth, you made a super increase in your wealth. Can you say $6.00 vs. $32.00???????? Inflation, market crashes, etc. Got mine, got yours??? Stack away!

    • Avatar of Ed_B Ed_B says:
      November 17, 2012 at 11:57 PM

      Lots of variance is possible in the IRA / 401K realm.  I retired in 2004 with about $575k in my 401K.  I rolled this into an IRA in 2005.  Since that time, I have taken out about $32k a year for living expenses, so over this 8 year period I have distributed about $256k.  In spite of this, my IRA is at $545k right now.  So, yes, I am spending down my IRA but slowly since it is only down about $30k in 8 years. The primary reason for this seems to be that I do not panic and sell a lot of shares whenever the market tanks.  All of the earnings, dividends, etc. go from my 7 mutual funds into a money market fund and my quarterly distributions come from there.  Considering that the market has sucked big-time in 2008, this is not at all bad performance.  Yes, I do realize that other people have had a considerably worse performance than this.

      The good news in all this is that: 1) I stack all of my spare money in physical silver; and 2) I started taking SS benefits in 2011 and most of that goes into the silver stack as well.  Much as I love silver, I have learned over the years that it is wise to diversify and not go “all in” on any one investment, no matter how good it looks to me.

      I agree that the paper Ponzi scheme will collapse at some point but none of us knows when that will be.  My best guess and gut says that it will be in the 2014-15 time frame but I have no evidence whatever that supports that.

      Another bit of wisdom from my 63 years on this Earth is that , “Nothing is ever as good as we hope or as bad as we fear”.

      Hang in there, guys and gals… it’s gonna be a real bumpy ride. 

  3. Avatar of Chief Chief says:
    November 17, 2012 at 1:05 PM

    yawn

  4. Avatar of AGXIIK AGXIIK says:
    November 17, 2012 at 2:03 PM

    that 30 year chart is a real eye opener.  not a penny of inflation built in.  that is the laugh of this metal, it’s gone backwards in value from 1980.
    .  oil’s gone up from $5 a bbl to $100.  nothing to see there either.  we’ll have our day in sun nonetheless.  it’s just a matter of time.

    • Avatar of MaryB MaryB says:
      November 17, 2012 at 10:27 PM

      I agree, time will tell, silver is not for the get rich quick crowd. Slow and steady wins the race!

    • Avatar of Ed_B Ed_B says:
      November 18, 2012 at 12:11 AM

      When priced in silver, gasoline costs about 60% of what it did in 1960.  Comparing one real thing to another real thing seems a more useful comparison than bringing an unreal thing, such as a free floating fiat currency, into the picture.

      Yes, slow and steady is good.  But then, so is something that has gone up more than 500% in the past 10 years.  :-D
       

    • Avatar of Sumkid Sumkid says:
      November 23, 2012 at 12:43 AM

      That is true! Silver’s value didn’t change for more than 150 years. A loaf of bread costs 0.10$ before 1964 so it could be bought with a silver dime with its face value. A gallon of gas costs 0.25$ before 1964 so it could be bought with a silver quarter with its face value. Today, I can still use these same coin to buy that loaf and a gallon of gas since the dime’s silver content also went up.

  5. Avatar of Stacksmack3000 Stacksmack3000 says:
    November 17, 2012 at 3:25 PM

    2 OZ ….. It’s too easy to pick a time-frame and say which investment has done better for what time period.  What about those who bought silver at $49 in 1980?  How much better would that investment be if kept in the stock market?  Like others have said here, silver and gold are good long term investments.  And before anyone tells me that PMs arent an investment, but instead insurance, I believe both.  Though most here will disagree with me I think the stock market can be profitable for the years ahead.  I don’t see this President and Congress taking us over the “fiscal cliff”.  There will be some form of compromise.  Once that happens we won’t be hearing so much about the gloom and doom concerning the “fiscal cliff”.   It is possible that consumer confidence can grow at that point.  We all do whatever makes us most comfortable.  Because of manipulation and the past performance of PMs, I’m not comfortable being all in 100%.

    • Avatar of Ed_B Ed_B says:
      November 18, 2012 at 12:19 AM

      “There will be some form of compromise.”

      Well, one can only hope that there will be.  Neither the House nor the White House have shown much interest in working together on anything that resembles a compromise during the past 4 years.  I would like them to be able to do a deal that is a fair and workable compromise.  If they do, everyone will hate it but it will be the best for all.  No one will get all they want out of it but maybe that is a good thing.  What I would not like to see is a terrible deal made at any price just to have a deal.  A bad deal could be a lot worse than no deal at all.

      As to the “fiscal cliff”, it sounds a lot like the US gov would be forced, kicking and screaming, to live within its means.  This is something that many Americans have to do each and every month, so may not be the horrible disaster that many claim. Since we no longer have a gold standard to restrain spending, some other mechanism is needed.  Hopefully, it would be done by making good choices and accepting reasonable compromises.  If not, then perhaps an automated system is all that can be done.

       

  6. Avatar of 2 OZ. 2 OZ. says:
    November 17, 2012 at 4:34 PM

    Yes, I agree in a way Stacksmack. I guess I am am going on personal experience. Looking at the big and total picture is definitely the way to see things. I only know what has happened with my own (and somewhat uniformed) experiences. That said, had I bought silver in the eighties, I would be well ahead of the ballgame. Alas, I was too entrenched in the ways of the world and what I thought would last forever. Good post and great answer. Now, as far as an investment, I am not in silver for the investment right now. I am in for a little safety when SHTF. After that, we’ll see. Like you, at the moment, I am 100% in. Stack away and stay ready!

    • Avatar of silverbullion silverbullion says:
      November 18, 2012 at 5:07 AM

      2 OZ. Right on.

    • Avatar of Sumkid Sumkid says:
      November 23, 2012 at 12:31 AM

      Exactly! It sure is a long time that you’ve stacked some silver in the eighties! That’s even before I was born! Anyway in my case, I am way way ahead of the ballgame for my age groups. In my opinion, I think I’m even way more ahead than most of the people who are 20 to 30 years old since there aren’t a lot of people buying silver!
       

  7. Avatar of Sumkid Sumkid says:
    November 23, 2012 at 12:03 AM

    If that’s the case, then the gold to silver ratio will become one ounce of gold for 10 ounces of silver. This will soon arrive because the silver’s price manipulation will end after the collapse of this system, the fiat currencies devaluation, silver’s cheap price right now, its above ground supply and its growing demands especially from industries.

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