Silver Investor: This Week's View from The Morgan Report

Published: Sat, 04/18/15

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	Question of the Week
	This Week's View from Silver Investor
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Question of the Week

This question will seem too basic for the vast majority of you-- but because it came in and we want to be of maximum service to all that find our website and sign up for the free weekly updates -- this "beginner" question will be answered.

Question: Is U.S. currency still backed by gold?

Comment: No, when the United States stopped selling gold to foreign official holders of dollars at the rate of $35 an ounce in 1971, it brought the gold exchange standard to an end. In 1973, the United States officially ended its adherence to the gold standard. Many other industrialized nations also switched from a system of fixed exchange rates to a system of floating rates. In August 1974, President Ford repealed the prohibition on the public's owning gold or engaging in gold transactions. Today, no country bans private ownership of gold.

This leads to the next question-- Does the Federal Reserve own any gold? The answer again is NO! Many do not know this--

Watch this short video:

https://youtu.be/GkTNaWUpH04

David Morgan
The Silver Investor

This Week's View from Silver Investor
David Morgan on The Daily Gold Podcast

https://youtu.be/nfxt5AxhAto

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Money & Metals with David Morgan
India’s rich temples may open gold vaults

https://youtu.be/TznDcv8ep9w

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To Win Now with Gold and Silver, “You’ve got to Shut
out the Doubt”

http://www.silver-investor.com/blog/?p=3107

Upcoming Events

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May 31 and June 1, 2015.

The Canadian Investor Conference, previously the World Resource Investment Conference will be held at the Vancouver Convention Centre West. Three industries will come together for this 2-day event to cover RESOURCE, TECHNOLOGY and DIVERSIFIED investment opportunities. Companies in Mineral Exploration, Oil & Gas, LNG, Agriculture, Life Sciences, Energy Metals, Technology and Real Estate will exhibit. Top industry analysts, newsletter writers, c-suite executives, hedge fund managers, trends forecasters and finance celebrities will cover speculative and direct investments and strategies, economic outlook and macro trends.

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Learn more and register here: http://goo.gl/h43qfw

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How High Will Silver Go: Excellent Argument on $200 silver.
BulletProof Shares: Taking shares in your own name
Gold Clause Booklet: Make gold or silver contracts.
Silver In The Next Decade: Where is Silver headed by 2020?
Archie's Rule: Know when a company is profitable.
Harvesting Green on the Pink Sheets: Using discount brokers.
Top 3 Resource Companies: Buy and hold stocks.

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Is Ionic Silver Destined to Save Hundreds of Millions From Disease
Glossary of Mining Terms
Ten Rules of Silver Investing
Special Report for Traders
Trading Silver Like A Pro
Trading Silver in Your Sleep
2013 Futures Expiration Calendar
Taking Delivery Off The Exchange
Zinc Study

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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.

Silver Investor 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. Silver Investor 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 Silver Investor will not be held liable or responsible for any decisions you make regarding any information discussed herein.

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