The Physical Economy Is Deteriorating At An Accelerated Pace, It Will Not End Well:David Morgan

in #economy6 years ago

David Morgan is a precious metals aficionado armed with degrees in finance and economics as well as engineering, David has appeared on CNBC, Fox Business, and others, he is the creator and owner of the morgan report , you can see his work on TheMorganReport.com, and you can also check him out on his youtube channel the morgan report.

Sort:  

In any situation, the best thing you can do is the right thing; the next best thing you can do is the wrong thing; the worst thing you can do is nothing.

This is why I like the x22 report. It lets you know the facts of things that occurred every day in the economy; and you can make your own decisions from there. I do believe we all need to be prepared; and part of that is to be diversified financially.

Dave mentions crypto's and gold/silver a lot; but I'd also throw in to this some selected property assets, and (contrary to x22), SOME shares/stocks.

Sometimes the right thing to do is nothing.

'Be always sure you are right, then go ahead'. -- Davy Crockett.

If you're not sure you're right, think about it some more.

'Don't just do something. Sit there!' -- Valued Customer

We love you X22! ❤️Been a fan since you started on YouTube and watch you every week. So glad you are on Steemit! Please continue to post here.

Its been a rough time for precious metal investors, I got in several years ago and have seen very little growth. I actually think crypto is really diminishing demand for gold in particular and other metals to a lesser extent. In terms of crypto actually disrupting existing industries, I think the precious metals are the first real example of that starting to happen.

I'm also worried long term about mining technology breakthroughs that create a glut of supply. That said, I think the prices are so depressed at the moment that it is still a good buy.

Thanks for the quality vid.

It's a nice topic, I've learned a bit more. Thank you.

In such times of deep financial crisis one has to focus on gathering rare resources. This translates to resources with a finite supply; something that's not the case with banknotes. Moral of the story: buy crypto and physical metals.

Ahan i ll make a search on david morgan .@x22report

Buy physical metals and crypto, and HODL ( hold on for dear life ) and resist the FUD (fear, uncertainty, despair ) See you on the other side.

Caution: Please do not operate heavy machinery while listening to Mr. David Morgan. Thank you.

Congratulations @x22report, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1175 and the total pending payments to posts in this category was $6351.20. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 101.75 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

Coin Marketplace

STEEM 0.30
TRX 0.11
JST 0.033
BTC 63968.82
ETH 3136.80
USDT 1.00
SBD 4.28