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David Morgan on the Global Economy, Inflation, Recession and Where Silver Is Headed


The Daily Bell is pleased to present an exclusive interview with David Morgan (left).

Introduction: David Morgan is a widely recognized analyst in the precious metals industry and consults for hedge funds, high net worth investors, mining companies, depositories and bullion dealers. He is the publisher of The Morgan Report on precious metals, author of "Get the Skinny On Silver Investing" (Morgan James Publishing, 2009), and featured speaker at investment conferences in North America, Europe and Asia.

Daily Bell: Let's ask some general economic questions first. We asked some of these last time, but you can update us. Are we at the end of the economic crisis in the West or is there more to go?

David Morgan: We are not at the end of an economic crisis in the West. The crisis is a debt crisis that emanates primarily from the reserve currency of the world which is the US dollar. Until this debt problem is resolved one way or the other crisis will continue. It may not manifest in a manner or in a timeframe that most people expect nonetheless it will continue.

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