{"id":32341,"date":"2018-03-14T20:12:28","date_gmt":"2018-03-15T01:12:28","guid":{"rendered":"http:\/\/olduvai.ca\/?p=32341"},"modified":"2018-03-14T20:13:00","modified_gmt":"2018-03-15T01:13:00","slug":"deep-state-could-pull-plug-on-markets-david-morgan","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=32341","title":{"rendered":"Deep State Could Pull Plug on Markets \u2013 David Morgan"},"content":{"rendered":"
\n

Deep State Could Pull Plug on Markets \u2013 David Morgan<\/a><\/h3>\n
Precious metals expert David Morgan says the prolonged sideways price of silver is what bottoms look like in the precious metals market. Morgan explains, \u201cThis market has not moved for a very long time . . . Silver bottomed in December of 2015, and, yes, we have gone up and down and up and down, but the overall lows have been higher lows, which is the definition of an uptrend.\u00a0 Silver and gold have started a subtle uptrend from the bottom in 2015, but it certainly has been slow and tedious and back and forth.\u00a0 I coined a phase, \u2018silver will either scare you out or wear you out.\u2019 \u00a0We are in the wear-you-out phase.\u00a0 A lot of people who were believers at one time have become non-believers.\u00a0 The markets have worn them out, and they have moved on to something else.\u201d<\/span>In the bond market, Morgan fears low interest rates spell danger. Morgan says, \u201cThe most important commodity in the world is oil, but the most important financial asset is the U.S. Treasury market . . . this is key, and what is so unbelievable if you think about it, the one asset class that is supposed to be the safest is the\u00a0 U.S. Treasury market, and it\u2019s the least safest.\u00a0 Something that is supposed to be unsafe like silver and gold are the safest.\u00a0 The Treasury market does not have several thousand years of history of being money.\u00a0 All fiat currencies have failed in the long run. . . . The dollar has lost 98% of its buying power since 1913, and the Fed is supposed to have a stable currency policy.\u00a0 Well, they have failed miserably.\u201d<\/div>\n<\/header>\n
\n

On the success of President Trump and the ongoing war with the so-called \u201cDeep State,\u201d Morgan contends, \u201cIf the \u201cDeep State\u201d gets pushed into a corner much further, they can basically pull the plug. That means the stock market could come tumbling down, and then they could blame the Trump Administration. . . . If you are losing the chess game, you just get up and turn the table over and the pieces go flying everywhere.\u00a0 That is a metaphor for a war.\u00a0 That\u2019s a metaphor for crashing the stock market.\u00a0 That\u2019s a metaphor for crashing the bond market, and it\u2019s a metaphor for it happening on its own.\u00a0 I am concerned that if you win, you lose.\u00a0 This is why the unraveling is being done extremely carefully. . . . I am not saying it is going to happen.\u00a0 I am saying it could happen.\u00a0 These people are so used to winning a rigged game, if they start being caught, and they have been caught, then they are going to do things that are not necessarily predictable.\u00a0 They are not going to act in a rational manner.\u00a0 They are going to do anything possible to protect themselves.\u00a0 You cannot rule out the possibility that they will turn the table over and that\u2019s it.\u201d<\/p>\n

This, along with many other reasons, is why Morgan says, \u201cYou have to have physical gold and silver in your portfolio to be truly diversified and protected.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Deep State Could Pull Plug on Markets \u2013 David Morgan Precious metals expert David Morgan says the prolonged sideways price of silver is what bottoms look like in the precious metals market. Morgan explains, \u201cThis market has not moved for a very long time . . . Silver bottomed in December of 2015, and, yes, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[11862,199,1849,8757,18573],"class_list":["post-32341","post","type-post","status-publish","format-standard","hentry","category-economics","tag-david-morgan","tag-deep-state","tag-financial-markets","tag-greg-hunter","tag-use-watchdog"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32341"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32341\/revisions"}],"predecessor-version":[{"id":32342,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32341\/revisions\/32342"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}