Bail-In Scenario Will Force Banks to Seize Your Money Says David Morgan
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Bail-In Scenario Will Force Banks to Seize Your Money Says David Morgan | https://www.themorganreport.com
Precious metals are the best way to hedge yourself, “and the best way out,” against looming bail-ins, says David Morgan, author of The Silver Manifesto and founder of https://www.themorganreport.com
The Fed’s rhetoric surrounding the increase in interest rates will send gold and silver into a pattern similarly seen in 2016, “but will have more traction,” he says to our Daniela Cambone in this edition of Outlook 2022: The Tipping Point. Morgan explains the instrumental factor silver plays in maintaining and expanding green energy technology, and the limitations the globe faces with the current supply of silver, in this long-awaited return to Stansberry Research. He touts silver’s utility over gold in a near-future, and concludes that core inflation numbers are misleading in order to keep interest rates down, not including the two most important indicators: food and energy.
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