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Dave Morgan Discusses Sprott Silver Purchase, Deutsche Bank Manipulation News

Friday, April 15, 2016 0:35
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(Before It's News)

david morganTND Podcast Spotlight:  Wall St For Main St

Jason Burack of Wall St for Main St interviewed returning guest, the silver guru, David Morgan of The Morgan Report http://www.themorganreport.com/.

David has decades of market experience working in the financial industry and investing and trading markets. David has also written 2 books about silver, the Skinny on Silver and his new book, Silver Manifesto.


David is also the CEO of a new precious metals royalty and streaming company, Lemuria Royalty.

Purchase the Silver Manifesto here: http://www.amazon.com/Silver-Manifest…
http://www.audible.com/pd/Business/Th…

During this 35+ minute interview, Jason asks David about the recent announcement from the Sprott Physical Silver Trust (PSLV) that they are buying approximately 5 million oz of physical silver to add to the trust.

Jason asks David if the timing of the announcement was perfect to counter the negative commitment of traders (COT) reports on gold and silver?

David thinks Sprott timed this purchase perfectly. Jason asks David how difficult it is to source 5 million oz of physical silver?

David talks about the physical silver market and how the silver market is decided at the margin.

Jason and David also discuss the additional silver purchases PSLV can make in the future?

Next, Jason asks David about the BREAKING NEWS in the precious metals space about Deutsche Bank admitting it manipulated gold and silver markets, paying a settlement, cooperating and handing over evidence and also helping implicate other conspirators (big bullion banks) who helped manipulate gold and silver.

Story here: http://www.zerohedge.com/news/2016-04…

David and Jason confirm this is the story Rob Kirby was hinting at for months. (Jason also emailed Rob Kirby before the interview to confirm this was the story he was hinting at).

David thinks this story may open up Pandora’s box as more evidence in the form of years worth of emails, instant messages and other forms of communication is handed over by DB to help implicate other banks.

Jason then asks David about the Soc Gen report saying silver supply will decrease by 9% in 2016 and by 13% in 2017 and if he thinks that research is accurate?

David says he thinks it’s pretty accurate but he and Chris Marchese will look at it more closely in a future edition of their paid monthly newsletter, The Morgan Report.

To wrap up the interview, Jason and David talk about the health of primary gold and silver miners and the bankruptcy of the Northwest Territorial Mint.

# # # #

wall street for main street bio photoAbout Wall Street From Main Street
We provide in depth content from many investing experts all over the globe. Over 250 interviews with many top experts including Jim Rogers, Doug Casey, Dr. Marc Faber and Jim Rickards! Over half a dozen billionaires interviewed! Unique, in depth round table discussions with experts on interesting investing topics about different asset classes and sectors of the economy.  Wall St For Main St, LLC was founded by Jason Burack from JasonBurack.com and Mo Dawoud from Momoney Blog in 2009.  We are a unique investor education and financial education start-up company out of the DC/Northern Virginia area with a mission to revolutionize the way people learn how to invest.  Visit our website (click here) and our YouTube channel (click here).



Source: http://thenewsdoctors.com/dave-morgan-discusses-sprott-silver-purchase-deutsche-bank-manipulation-news/

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