This Week's View from The Morgan Report
Published: Sat, 08/29/15
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China fears & global growth doubts grips markets
David Morgan talks about China's devaluation.
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The Gold and Silver “Shortage”?
A pet peeve of mine is when an article is published talking about a shortage in silver or gold. Recently, we have seen an increase in articles claiming that there is a precious metals shortage simply because both the U.S. mint and Royal Canadian Mint ran out of blanks. Both government mints predetermine a rough amount they will mint at the start of the year. When demand surges, a “bottleneck” can occur and this has happened in the past.
Why is this such a pet peeve? Because a shortage in a specific silver product does NOT mean a shortage in the raw material. It would be like saying there is a rice shortage if Rice Krispies stopped being produced momentarily.
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Gold and Silver: Heading for a “Blue Screen of Death” Event?
For personal computer users who by
choice or circumstance, find themselves using a version of
the Microsoft Windows operating software family, a dreaded
condition known as the “Blue Screen of Death” (BSoD) is a
seldom occurring, yet ever-present possibility. Wikipedia
defines it as being caused by poorly written device drivers
or malfunctioning hardware, such as faulty memory, power
supply issues, overheating of components or hardware running
beyond its specification limits.
You’re working along, thinking everything’s under control
even if it’s not all that much to your liking -but at least
you understand the picture…and then, Bam! Your screen goes
blue! Nothing’s working. The computer tries to figure out
what happened and (perhaps) do a hard reboot. Things may get
back to normal…or they may not. Your system may have
crashed, erasing all your work, your saved documents, your
operating system’s “memory”. Now what!
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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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