Quote of the Week/Commentary:
Gold has already rallied about 20% since the start of the year. If some scenarios play out, you are going to see the price of gold go up… a lot more. And it may go up a lot in a very short period of time. It’s not going to go up 10% per year for seven years and the price doubles. It could have a kind of a steady upward movement… and then a spike… and then another spike… and then a super-spike. The whole thing could happen in a matter of 90 days — six months at the most.
When that happens, you’re going to have two Americas. You’re going to have an America that was not prepared. Paper savings will be wiped out; 401(k)s will be devalued; pensions, insurance and annuities will be devalued through inflation… Because remember, it’s not just the price of gold going up. Jim Rickards, The New Case for Gold
Headlines and Links of Interest
Silver & Gold Rally Led By China As They Take Over Pricing - SRS Rocco Report
The May 2016 Edition of The Morgan Report is now available for Subscribers.
David Morgan begins his Editorial for The Morgan Report this month by noting how difficult it has become to monitor, evaluate, and successfully act upon the increasingly disruptive elements currently bearing down on investors and the general public alike. He states in part, This is the most challenging month I can ever remember, trying assemble the pieces of the puzzle of the global economic system in a manner that connects all the dots in a somewhat logical and understandable format. He proceeds to chronicle and detail the most important of those moving parts in a way that meshes with their effects on the precious metals and mining stocks.
How close are we to the edge of the abyss? You will find David's take this month to be unsettling - but also informative and empowering.
Are you up to speed on some of the disruptive technology underlying the Fintech revolution? Dive right in with David Morgan's introduction. Arm yourself with the knowledge you need to survive and thrive the sea change it is visiting upon the fiat-money banking and financial system at large.
Next, Senior Equity and Economic Analyst, Chris Marchese announces a change in the Top Tier section of the The Morgan Report Asset Allocation Table. He's dropping what has become a serial underperformer, and replacing it with a superior choice that should immediately begin pulling its weight in your portfolio, should you choose to consider our recommendation.
We seldom make such a change - and then only after deep analysis. Find out now in great detail, the names of these companies - and exactly why.
We answer 4 Letters to the Editor this month - as well as each and every one you send us, on an individual basis. One of the many benefits you receive when you become a subscriber.
Update from The Morgan Report regarding the legal battle over Pascua Lama
In January we became the first, and as far as we can determine, the ONLY newsletter to research and inform our readers about the potentially explosive court challenge by Mountainstar Gold against Barrick Gold, over Pascua Lama. We are committed to providing subscribers with updates as events unfold. This month you'll receive first-person commentary regarding the filing of the two April, 2016 News Releases.
Subscribers can access the 8 page Special Report, written by Senior Analyst David Smith, titled "David and Goliath: Mountainstar versus Barrick Gold". It's archived at themorganreport.com Depending on how things play out, the fallout from this court case could rock the industry.
There's a saying in the resource sector about the importance of having the right information - "If you're out of the room, you're out of the deal."
If you want to be "in the Deal" you need to be "in the Room." Subscribe to The Morgan Report.
More first-timers than ever are signing up for The Morgan Report, not to mention that we have some of the highest renewal rates in the industry. If you're not already onboard with us, it's time to stop thinking about it, and ACT! Visit us at themorganreport.com and start getting the information and perspectives you need in order to maximize your footprint in some of the most volatile - and profitable - segments of the resource sector.
The Silver Manifesto - Audio Version - is now available! We have responded to many requests, both from subscribers and the general public by producing this additional pathway for you to "drill down" into the Silver Story - and position yourself to take advantage of what we believe is destined to become the Third and Greatest Stage of the secular Bull market in Silver - and Gold.
In many cases, the audio version of a book can sell at a premium to the cloth back/paperback. But we have priced this for you at a substantial savings to our book. Don't hesitate while silver takes off and leaves you behind wondering "If only I had known..."
The Silver Manifesto - Audio can be purchased at the Amazon Kindle Store here
** At the beginning of this audio you will hear about a Special Subscription Offer whereby you can receive a 25% discount to The Morgan Report. (This offer is also stated at the beginning of the clothbound book version here ) Our newsletter provides one of the very best value propositions in the resource sector. Try it and see if you agree.
As reminder, at The Morgan Report we follow a lot more than just silver. We look at the resource sector as a whole. Watch our quick video promo for the report... http://youtu.be/-n4YU31MjRY
David H. Smith
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.
The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein.
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