{"id":3765,"date":"2016-10-11T14:18:18","date_gmt":"2016-10-11T18:18:18","guid":{"rendered":"http:\/\/blog.silver-investor.com\/?p=3765"},"modified":"2018-06-10T10:54:45","modified_gmt":"2018-06-10T10:54:45","slug":"gold-bull-intact-owning-miners-vs-bullion-david-morgan","status":"publish","type":"post","link":"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/","title":{"rendered":"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan"},"content":{"rendered":"<p>Is the gold &#038; silver breakout failing, or just consolidating for the next leg of the current secular bull market? How impactful with the Chinese Yuan addition to the SDR be to global US Dollar holdings? How much gold do the US vs. China hold, and how will the answer affect our future? How does investing in gold miners perform vs. physical precious metals in a bull or bear market? What can the ordinary person do to reduce risk and profit at the same time? Silver guru David Morgan returns to Reluctant Preppers to give you the answer s you need to be aware and prepared now!<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/2XVigAOa53A\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\nIN THIS INTERVIEW:<br \/>\n===================<br \/>\nSilver and Gold September Price Breakout is consolidating at support levels: What is the next likely move?<br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\nBull markets pattern is to shake of as many people as it can along the way of its run to the top.<br \/>\nScary corrections have taken place and will take place again.<br \/>\nWhy selling pressure overpowered buying? Chinese not in participating as they had been earlier, Chinese holiday week, light trading, intraday orchestrated selloff campaigns, tripped a lot of sell stops.<br \/>\nFundamentals still better than ever &#8211; but we were due for a correction after a 6-month run-up.<br \/>\nWatch for V-bottom near 200 day moving average, may fight back to $18-19 by end of year, but end of year is recently weak for past 5 years.<br \/>\nSeptember 30th Chinese Yuan added to SDR &#8211; will it be backed by Gold, now or to be announced? Likely impact on global USD holdings?<br \/>\n&#8212;&#8212;&#8212;&#8212;-<br \/>\nSDR is effectively a world currency issued by IMF, no responsibility to any country, no limit on how it can be printed\/inflated.<br \/>\nImportant: Chinese very much want to play the currency game as long as they possibly can.<br \/>\nWill there be a gold-backing for the Yuan? If so, when and Why?<br \/>\nWhat will the next few months reveal about the impact of the SDR?<br \/>\nWhere is all the Gold? Controversy over investible quantities of Gold &#038; Silver &#8211; where to turn for solid facts?<br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\nClaims of huge amounts of gold are possible but not highly convincing, Historical ratio of silver-to-gold coming out of the ground is currently 10:1, historically 12:1, China has far more gold than they say: people are asking the wrong question! Commercial Metals Exchange (CME) warehouses: If you ask, \u201cHow much silver does JPMorgan hold at the CME = 76M oz.\u201d Correct question would be: \u201chow much official &#038; unofficial holdings, both public &#038; private, regardless where it is held?\u201d<br \/>\nUS holdings are real tough to quantify: &#8220;official gold&#8221; is 265M oz, but terminology confuses the answer. Unencumbered UST holding are probably much less than last audit. Fed owns no gold. Fed has gold certificates, UST owns the gold (on behalf of the people of the US.) Is there even much real unencumbered held by the US? If not, would the truth immediately trigger a dollar collapse?<br \/>\nPM miners vs, physical metals: Different price movement during bear\/bull?<br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<br \/>\nHolding miners is a way to gain leverage, which can cut both ways.<br \/>\nMorgan has made more money trading miners than physical gold. Typically 3:1 ratio &#8211; in a bull market, miners will outperform, but be careful near the top, where bullion will be safer.<br \/>\nIn 1980, Gold peaked in Jan, miners didn\u2019t peak till Aug.<br \/>\nSilver barter tips for hard times?<br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<br \/>\nBest is small units.<br \/>\nConstitutional silver = &#8220;junk silver&#8221; (bags of pre-1965 US coins),<br \/>\nor 1\/10 or 1 oz silver rounds coins.<br \/>\nPhilosophy of a die hard silver stacker?<br \/>\n&#8212;&#8212;&#8212;&#8212;-<br \/>\nMost silver stackers are really savvy, educated on why fiat systems always fail, paradigm and discipline to keep accumulating despite market ups &#038; downs.<br \/>\nDon\u2019t make it too much of your overall net worth, don\u2019t fall for exaggerate claims about silver about to run out, etc.. rather than a hedge against fiat debt.<br \/>\nConsider limiting holdings to 10-20% of your overall portfolio unless you\u2019re a professional.<br \/>\nVolatility of silver &#038; miners are higher than other investment classes, so be prepared for that!<br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;-<br \/>\nNuManna Foods good taking, high quality, coming out with an organic bucket soon.<br \/>\n<a href=\"http:\/\/www.SilverPrepper.com\" target=\"_blank\">www.SilverPrepper.com<\/a><br \/>\n&nbsp;<\/p>\n<blockquote>\n<p align=\"center\"><font color=\"#AF0000\" style=\"font-size: 14pt\"><b>Special Riches In Resources Free Report<\/b><\/p>\n<p><\/font> Because there is a 100% failure rate of ALL fiat money throughout history, you will learn what to do by obtaining your Free Report. Just enter your first name, your primary email address and click the Get Special Report button below.<\/a>\n\t<\/p>\n<div class=\"AW-Form-1281419199\"><\/div>\n<p><script type=\"text\/javascript\">(function(d, s, id) {\n    var js, fjs = d.getElementsByTagName(s)[0];\n    if (d.getElementById(id)) return;\n    js = d.createElement(s); js.id = id;\n    js.src = \"\/\/forms.aweber.com\/form\/99\/1281419199.js\";\n    fjs.parentNode.insertBefore(js, fjs);\n    }(document, \"script\", \"aweber-wjs-jc8lzhdt3\"));\n<\/script><br \/>\nOur mission statement reads&#8230;<br \/>\n<b><i>&#8220;To teach and empower people to understand the benefits of an honest monetary system.&#8221;<\/i> <\/b><br \/>\nToday&#8217;s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. We invite you to learn more about what The Morgan Report can do for you. Click on the Learn More About The Morgan Report button now!<br \/>\n<center><a href=\"http:\/\/www.themorganreport.com\/join\" class=\"sc-button\" style=\"background: default\"><span><strong>Learn More About The Morgan Report *<\/strong><\/span><\/a>\n<\/p><\/blockquote>\n<p>&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is the gold &#038; silver breakout failing, or just consolidating for the next leg of the current secular bull market? How impactful with the Chinese Yuan addition to the SDR be to global US Dollar holdings? How much gold do the US vs. China hold, and how will the answer affect our future? How does<span class=\"read-more\"><a href=\"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/\" title=\"Read More\">More<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121,89],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan<\/title>\n<meta name=\"description\" content=\"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan\" \/>\n<meta property=\"og:description\" content=\"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/\" \/>\n<meta property=\"og:site_name\" content=\"The Morgan Report News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/The-Morgan-Report\/317004435015437\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-11T18:18:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-06-10T10:54:45+00:00\" \/>\n<meta name=\"author\" content=\"David Morgan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@silverguru22\" \/>\n<meta name=\"twitter:site\" content=\"@silverguru22\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Morgan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/\",\"url\":\"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/\",\"name\":\"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan\",\"isPartOf\":{\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#website\"},\"datePublished\":\"2016-10-11T18:18:18+00:00\",\"dateModified\":\"2018-06-10T10:54:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/2f153b749f1b9c4e76eacf9ee3cc046a\"},\"description\":\"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#website\",\"url\":\"https:\/\/www.themorganreport.com\/blog\/\",\"name\":\"The Morgan Report News\",\"description\":\"Helping You Build And Preserve Wealth\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.themorganreport.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/2f153b749f1b9c4e76eacf9ee3cc046a\",\"name\":\"David Morgan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5580128866d1436555aa5bfafd8133d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5580128866d1436555aa5bfafd8133d2?s=96&d=mm&r=g\",\"caption\":\"David Morgan\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan","description":"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/","og_locale":"en_US","og_type":"article","og_title":"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan","og_description":"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan","og_url":"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/","og_site_name":"The Morgan Report News","article_publisher":"https:\/\/www.facebook.com\/pages\/The-Morgan-Report\/317004435015437","article_published_time":"2016-10-11T18:18:18+00:00","article_modified_time":"2018-06-10T10:54:45+00:00","author":"David Morgan","twitter_card":"summary_large_image","twitter_creator":"@silverguru22","twitter_site":"@silverguru22","twitter_misc":{"Written by":"David Morgan","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/","url":"https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/","name":"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan","isPartOf":{"@id":"https:\/\/www.themorganreport.com\/blog\/#website"},"datePublished":"2016-10-11T18:18:18+00:00","dateModified":"2018-06-10T10:54:45+00:00","author":{"@id":"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/2f153b749f1b9c4e76eacf9ee3cc046a"},"description":"Gold Bull Intact &amp; Owning Miners vs Bullion &#124; David Morgan","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.themorganreport.com\/blog\/gold-bull-intact-owning-miners-vs-bullion-david-morgan\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.themorganreport.com\/blog\/#website","url":"https:\/\/www.themorganreport.com\/blog\/","name":"The Morgan Report News","description":"Helping You Build And Preserve Wealth","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.themorganreport.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/2f153b749f1b9c4e76eacf9ee3cc046a","name":"David Morgan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5580128866d1436555aa5bfafd8133d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5580128866d1436555aa5bfafd8133d2?s=96&d=mm&r=g","caption":"David Morgan"}}]}},"_links":{"self":[{"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/posts\/3765"}],"collection":[{"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/comments?post=3765"}],"version-history":[{"count":1,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/posts\/3765\/revisions"}],"predecessor-version":[{"id":5136,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/posts\/3765\/revisions\/5136"}],"wp:attachment":[{"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/media?parent=3765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/categories?post=3765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/tags?post=3765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}