{"id":933104,"date":"2018-08-16T22:19:53","date_gmt":"2018-08-16T22:19:53","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=933104"},"modified":"2018-08-16T22:19:53","modified_gmt":"2018-08-16T22:19:53","slug":"david-morgan-crash-day-in-silver-and-gold","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=933104","title":{"rendered":"David Morgan: Crash Day In Silver and Gold"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-933105 alignleft\" src=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2018\/08\/palisade.png\" alt=\"\" width=\"224\" height=\"224\" data-id=\"933105\" srcset=\"https:\/\/juniorminingnews.com\/wp-content\/uploads\/2018\/08\/palisade.png 224w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2018\/08\/palisade-150x150.png 150w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2018\/08\/palisade-45x45.png 45w\" sizes=\"(max-width: 224px) 100vw, 224px\" \/><br \/>\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/GU6FHIs26x8\" width=\"650\" height=\"364\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<div class=\"row\">\n<div class=\"col-md-8\">\n<p>David discusses the recent drop in silver and how it is another \u201cspike low.\u201d These massive down days are often very sudden quick drops. These \u201cspikes\u201d are a good entry and exit point if you\u2019re looking to get into the market.<\/p>\n<p>People don\u2019t act consistently and keep to a simple strategy. He discusses what works for him in these markets and what he uses as indicators. He has bought this dip and will buy more if it drops again and expects a gradual price increase once the precious metals market gets moving and later on a price surge.<\/p>\n<p>Mr. Morgan talks about the concept of overhead resistance and why its a psychological barrier to price increases. There is a lot of this resistance that has to be overcome before the price can move higher. However, these are small markets, and resistance could be quickly overpowered if there is a flight to safety. He would not short this market at this level.<\/p>\n<p>David feels the next move up won\u2019t be from a commodity boom. The market will likely bifurcate with gold, silver, oil, and agriculture moving up. There will be a run to safety with a move to the dollar first.<\/p>\n<p><a href=\"http:\/\/CommonStockWarrants.com\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-large wp-image-354144\" src=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2016\/09\/blackcsw2-01-1024x71.png\" alt=\"\" width=\"1024\" height=\"71\" data-id=\"354144\" srcset=\"https:\/\/juniorminingnews.com\/wp-content\/uploads\/2016\/09\/blackcsw2-01-1024x71.png 1024w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2016\/09\/blackcsw2-01-300x21.png 300w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2016\/09\/blackcsw2-01-768x53.png 768w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2016\/09\/blackcsw2-01-500x35.png 500w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2016\/09\/blackcsw2-01.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p><strong>Talking Points From This Week\u2019s Episode<\/strong><br \/>\n\u2022 David feels that this \u201cspike low\u201d is a buying opportunity.<br \/>\n\u2022 He outlines his trading strategy and recommends investors be consistent.<br \/>\n\u2022 He doesn\u2019t see a double bottom forming.<br \/>\n\u2022 A flight to safe assets could push money into the sector and price could move rapidly.<\/p>\n<p><em>Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly newsletter that covers economic news, the overall financial health of the global economy, currency problems ahead, and reasons for investing in precious metals. In addition, he has a show on iTunes called The Morgan Report.<\/em><\/p>\n<p><iframe loading=\"lazy\" src=\"http:\/\/player.blubrry.com\/?media_url=http%3A%2F%2Fmedia.blubrry.com%2Fpalisade_radio%2Fp%2Fcontent.blubrry.com%2Fpalisade_radio%2FPalisade_Radio-David_Morgan-August_16.mp3&amp;podcast_link=http%3A%2F%2Fpalisaderadio.com%2Fdavid-morgan-crash-day-in-silver-and-gold%2F\" width=\"100%\" height=\"138px\" frameborder=\"0\" scrolling=\"no\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<\/div>\n<div class=\"col-md-4\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>David discusses the recent drop in silver and how it is another \u201cspike low.\u201d These massive down days are often very sudden quick drops. These \u201cspikes\u201d are a good entry and exit point if you\u2019re looking to get into the market. People don\u2019t act consistently and keep to a simple strategy. He discusses what works [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":933105,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[138,205,48,102,135,206,338,115],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/933104"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=933104"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/933104\/revisions"}],"predecessor-version":[{"id":933214,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/933104\/revisions\/933214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/media\/933105"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=933104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=933104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=933104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}