In
the
aftermath
of
Tropical
Storm
Irma,
the
head
of
The
Morgan
Report,
David
Morgan
rejoins
the
show
running
on
generator
power.
Our
guest
outlines
his
perspective
on
the
silver
/
gold
market
as
well
as
rare
earths.
China
has
corned
the
rare
earth
market
with
a
90%
share
of
the
global
output.
Rare
earths
are
essential
to
android
/
iPhones,
electric
cars.
David
Morgan
expects
an
explosive
price
advance
in
2018.
Although
silver
is
rare
in
the
earth's
crust,
with
a
natural
ratio
of
9:1,
silver
to
gold,
the
current
price
differential
is
near
70:1.
Due
to
silver's
small
market
size
and
relative
affordability,
the
precious
metal
could
gain
exceptional
relative
momentum
once
gold
breaches
$1,550.
Reeling
from
Tropical
Storm
Irma,
Bob
Hoye
of
Institutional
Advisors
rejoins
the
show
with
an
in
impromptu
discussion.
Bob
Hoye
reviews
the
PMs
sector
including
gold,
silver
and
shares,
noting
his
expectations
for
increased
demand
for
gold
/
silver
late
this
year
or
early
2018.
The
technical
outlook
for
Bitcoin
and
related
cryptocurrencies
-
cryptos
have
joined
virtually
all
financial
markets
in
a
speculative
financial
bubble.
The
universal
mantra
of
central
bankers,
that
credit
expansion
equals
economic
prosperity
will
end
poorly
for
all
but
the
elite.
Inflation
was
absorbed
by
residential
house
prices
and
financial
assets,
in
particular
share
prices.
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Guest
Biographies
David
Morgan
Silver-investor.com
David
Morgan:
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
that
covers
economic
news,
overall
financial
health
of
the
global
economy,
currency
problems
ahead
and
reasons
for
investing
in
precious
metals.
David
considers
himself
a
big-picture
macroeconomist
whose
main
job
as
educationeducating
people
about
honest
money
and
the
benefits
of
a
sound
financial
systemand
his
second
job
as
teaching
people
to
be
patient
and
have
conviction
in
their
investment
holdings.
A
dynamic,
much-in-demand
speaker
all
over
the
globe,
Davids
educational
mission
also
makes
him
a
prolific
author
having
penned
"Get
the
Skinny
on
Silver
Investing"
available
as
an
e-book
or
through
Amazon.com.
As
publisher
of
The
Morgan
Report,
he
has
appeared
on
CNBC,
Fox
Business,
and
BNN
in
Canada.
He
has
been
interviewed
by
The
Wall
Street
Journal,
Futures
Magazine,
The
Gold
Report
and
numerous
other
publications.
Additionally,
he
provides
the
public
a
tremendous
amount
of
information
by
radio
and
writes
often
in
the
public
domain.
You
are
encouraged
to
sign
up
for
his
free
publication
which
starts
you
off
with
the
Ten
Rules
of
Silver
Investing
where
he
was
published
almost
a
decade
ago
after
being
recognized
as
one
of
the
top
authorities
in
the
arena
of
Silver
Investing.
With
a
degree
in
geophysics
and
a
number
of
fascinating
summers
in
mining
exploration,
one
winter
in
"the
bush"
quickly
led
Bob
into
the
financial
markets.
This
included
experience
on
the
trading
desk
and
in
the
research
department
of
a
large
investment
dealer,
which
led
to
institutional
stock
and
bond
sales.
Bob's
review
of
financial
history
provided
the
forecasting
models
designed
to
anticipate
significant
trend
reversals
in
the
sometimes
alarming
volatility
typical
of
the
transition
from
rampant
speculation
in
tangible
assets
to
fabulous
speculation
in
financial
assets.
In
anticipation
of
the
latter
opportunity,
a
monthly
publication
for
financial
institutions
was
started
in
January
1982.
This
competently
covered
the
stock
market,
the
yield
curve,
credit
spreads
as
well
as
metal
and
energy
prices.
In
1998
the
Institutional
Advisors
website
was
started
as
a
forum
for
unique
and
reliable
financial
research.