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David Morgan joins Craig Hemke for Sprott Money to discuss the powerful moves underway in gold, silver and precious metals mining stocks, and why the market could be signalling much higher prices ahead.
Precious Metals Enter September After a Powerful August
Gold, silver and mining stocks finished August 2026 amid renewed concerns about inflation, government debt, interest rates and potential intervention in the U.S. Treasury market. In a discussion with Sprott Money host Craig Hemke, precious metals analyst David Morgan argued that the forces supporting the long-term gold and silver bull market remain firmly in place. The conversation focused on Federal Reserve policy, Treasury market intervention, financial repression, mining stocks, artificial intelligence investment and the outlook for gold and silver through the remainder of 2026. Hemke pointed to a dramatic month in which mining equities surged while gold and silver moved higher, asking whether the strength in miners could be signaling another major move in physical precious metals. Morgan believes that is the more likely interpretation.
“I think it is a precursor to higher metals prices.”
His view is based not simply on technical charts but on decades of experience watching how precious metals equities behave during major cycles. According to Morgan, mining stocks often lead the underlying metals, although he stressed that this relationship is based on probability rather than certainty.
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Yield Curve Control, Treasury Intervention and Financial Repression
One central theme of the discussion was whether U.S. policymakers are gradually moving toward some form of yield curve control. Morgan suggested that yield control does not necessarily arrive through a formal announcement or explicit interest-rate target. Instead, it can emerge through Treasury buybacks, maturity management, regulatory pressure and coordinated policies designed to support government debt markets. He described the process as potentially incremental, with policymakers attempting to prevent borrowing costs from rising far enough to destabilize federal finances. Hemke connected this argument to Treasury actions and efforts involving Japan, suggesting that policymakers may be taking early steps to prevent major Treasury selling while supporting the yen. Morgan agreed that such actions could represent the beginning of a broader effort to manage yields, although he noted that relatively small Treasury purchase programs remain modest compared with the enormous size of the market. The broader issue, in Morgan's view, is financial repression: keeping interest rates below the true inflation rate so government debt can effectively be repaid in depreciating dollars. “That's how you inflate away the debt. You just pay it away with cheaper and cheaper dollars.”
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Inflation and the U.S. Debt Problem Strengthen the Case for Gold
The U.S. debt burden was another major concern. Hemke noted that federal debt had surpassed $40 trillion and that annual debt-service costs were approaching extremely high levels, making sustained high interest rates increasingly difficult for policymakers to tolerate. Morgan argued that the Federal Reserve and Treasury are trapped between two conflicting objectives. Fighting inflation traditionally requires higher interest rates, but higher rates simultaneously increase the government's cost of servicing its enormous debt. Lowering rates may ease the Treasury's financing burden while increasing the danger that inflation accelerates. “They're in a no-win situation.” Morgan believes policymakers will continue attempting to control the monetary system rather than voluntarily allowing market forces to determine interest rates. He also warned that attempts to suppress borrowing costs could eventually require increasingly aggressive policy responses if inflation remains elevated. While he did not predict an inevitable hyperinflationary collapse, he suggested that policymakers could continue applying temporary solutions as economic pressures intensify. This macroeconomic conflict—persistent inflation, rising government debt and pressure to maintain lower borrowing costs—remains one of the primary arguments supporting long-term ownership of gold and silver as monetary assets.
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Why Mining Stocks May Be Signalling Higher Gold and Silver Prices
Hemke highlighted the unusual strength of gold and silver mining equities in August, noting that major mining indexes moved above key technical moving averages after starting the month below them. The question was whether miners were simply experiencing a temporary rally or whether institutional investors were accumulating precious metals equities ahead of higher metal prices. Morgan favoured the second explanation. He explained that mining shares have historically acted as useful forward-looking indicators during many precious metals cycles, although not in every instance. Institutional buyers may also be gradually building positions because the mining sector remains relatively small compared with the enormous pools of capital operating in broader equity markets. Large investors therefore need to accumulate shares carefully to avoid driving prices sharply higher before establishing their desired positions. Morgan described the classic progression as accumulation, markup and eventually distribution, and suggested that the precious metals mining sector could currently be in the accumulation phase. “I think we're in the accumulation phase, Craig, and that smart money is moving out of the super high-tech AI… into something real, like the metal sector.” He also emphasized strong free cash flow among many producers as another reason mining companies may be becoming more attractive to Wall Street.
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Silver Could Catch Up as Gold Continues to Lead
Silver remained a major focus because its technical performance had lagged gold and mining equities. Hemke observed that gold and mining shares had broken above several important moving averages while silver remained behind. Morgan said he considered it more likely that silver would eventually catch up than that gold and mining stocks would fall back simply because silver had not yet confirmed their strength. Gold has been the larger and more established leader during the current precious metals bull market, while silver operates in a much smaller market and can experience sharper volatility. Morgan nevertheless remains strongly bullish on silver over the longer term. “It's more likely that silver will catch up.” He later said he believes the broader precious metals bull market still has significant room to run and offered an ambitious long-term silver target. “I do think we're gonna get, you know, to at least $150 silver.” Rather than concentrating exclusively on nominal dollar targets, however, Morgan said investors should evaluate what gold and silver can purchase relative to other real assets, including stocks, oil, agricultural commodities and housing. Measuring precious metals through purchasing power, he argued, can provide a more useful indication of when a major bull market is reaching its ultimate valuation peak.
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David Morgan Warns About AI Valuations and Data Center Financing
Morgan's outlook is not limited to precious metals. He revealed that an upcoming edition of The Morgan Report would examine artificial intelligence from what he described as an objective perspective. His concern is not that AI technology itself will fail, but that the capital structure supporting the AI boom may become unsustainable. Enormous amounts of borrowed money are being directed into data centers and related infrastructure, while Morgan questions whether the revenue produced by these investments will be sufficient to justify the financing behind them. “It won't fail, but the financing behind it can,” Morgan suggested that if highly leveraged AI investments encounter financial trouble, governments could eventually intervene, effectively transferring private-sector losses to taxpayers. His comments reinforce the broader investment rotation discussed during the interview: capital concentrated in extremely expensive technology and AI-related assets could eventually shift to sectors tied to tangible resources and strong cash flows. Precious metals miners could benefit significantly if even a relatively small portion of institutional capital begins moving from highly valued technology shares into historically underowned mining companies.
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Gold and Silver Outlook for the Rest of 2026
Looking toward the final months of 2026, Morgan remains convinced that gold and silver are still operating within a major bull market. The fundamental drivers include government debt, persistent inflation, pressure for lower real interest rates, possible Treasury-market intervention and growing skepticism about richly valued financial assets. Political uncertainty surrounding the U.S. midterm elections could add another source of volatility, while developments involving Japan, Treasury yields and currency markets may influence precious metals pricing as well. Morgan's central argument is that investors should look beyond daily price fluctuations and evaluate precious metals as long-term stores of purchasing power. The discussion ultimately framed physical gold, silver and carefully selected mining equities as potential beneficiaries of a monetary environment in which governments are increasingly constrained by their own debt burdens. Whether September produces another immediate breakout remains uncertain, but Morgan sees the broader trend as intact. “I'm pretty convinced that we're still in a major bull market. We still have upside.” For precious metals investors, the key signals to watch include mining-stock leadership, real interest rates, Treasury policy, inflation trends, institutional accumulation and whether silver begins closing the performance gap with gold.
Previous Podcasts You May Have Missed
Readers interested in learning more about the outlook for gold, silver, mining stocks, and the long-term forces driving today's precious metals bull market may also enjoy these recent discussions from Sprott Money:
- Why Gold & Silver Are Entering a Historic Supercycle – Nomi Prins
Nomi Prins explains why today's financial markets resemble previous periods of monetary distortion and why gold and silver may be entering a historic supercycle. The discussion explores central bank liquidity, excessive debt, structural imbalances in financial markets, and why physical precious metals could outperform traditional financial assets in the years ahead. - Gold to $10,000? Fiat Currencies & the Coming Stock Market Reset
This conversation examines the growing risks facing fiat currencies, the long-term outlook for gold prices, and the possibility of a major rotation away from overvalued equity markets. The discussion also covers monetary debasement, government debt, stock market valuations, and why investors continue turning to gold and silver as defensive assets during periods of financial uncertainty.
Craig (00:00)
Greetings once again from Sprott Money, SprottMoney.com. We have reached the end of August. Today, as we record this, it's Friday, August the 28th. We're not quite there yet, but we're awful close. It's been a heck of a month. And it's time to wrap it up. I'm your host, Craig Hemke. Joining me is my old friend David Morgan of the Morgan Report. It's going to be great to pick his brain about what an interesting month we've had and where we might go here in the remaining months of 2026. David, good to see you.
David Morgan (00:26)
Greg, good to be back. Thanks.
Craig (00:29)
let's do two things before we get started. One, I want to remind everybody, this time of the year brings the Sprott Summer Sale. It's always one of the most anticipated sales that Sprott has all year, Sprott Money. So you want to be sure to check that out. Go to SprottMoney.com and look at all the deals that are currently available on the site. Great time to be added to that stack with all the developments that have occurred here in August. And we'll cover those in a minute. David, I also please
Just tell everybody a little bit about who you are in case they don't know and a little bit about the Morgan report.
David Morgan (01:03)
Well, the best thing to do if you don't know is just go to the MorganReport.com. Lots and lots of information for free on the blog. And to learn more, just hit the about tab, and the about tab will give you a biography and some background.
Craig (01:17)
The Morganreport.com, all one word, correct? And you've been doing this for a few weeks now, right? Maybe a month or two?
David Morgan (01:24)
Yeah, couple.
At least a few.
Craig (01:28)
I joke because David has pretty much devoted his entire life, his entire adult life to the precious metals. And I look, I've known him a long time, so I'm biased. But I don't I don't know anybody else that has the depth of knowledge and experience in the precious metals markets that David does. So anyway, it's always good to visit with you, my friend. let's start with the current events. Kevin Walsh was at the Feds annual Jackson Hole conference here.
Today as we record this on the twenty-eighth. personally, I was expecting him to give that hawkish routine again as he attempts to build his bona fides, you know, show his gravitas to the rest of the central bankers in the world, and he's not just Trump's sock puppet. and as such, he he played right along, it seems, and the medals took a nosedive as soon as his speech was released. what do you make of this, David? Is he
Is is he is is it just a game he's playing rhetorically, or is he actually gonna try to jack interest rates multiple times, you know, in a sense to try to curb inflation?
David Morgan (02:35)
Yeah, I think the latter. I think he's gonna try to do his best to do yield yield control across the short end to the long end. I mean yield curve control doesn't necessarily arrive with an announcement. It can creep through buyback maturity management and regulatory pressure on institutions of government debt. what I would ask you is what would distinguish genuine yield control over a temporary treasury treasury liquidity operation?
Is it the size, the persistence, or an explicit yield target or and and or coordination with the Fed? Because look, they're they're not only doing it, are they gonna continue? I believe so. I want to hear what you have to say, but also you got that yen in the background where hey, don't don't sell your treasuries. No, no, no, no, don't crash
Craig (03:27)
Right.
David Morgan (03:28)
the treasury market. So what are your thoughts? You know, you've been talking about this quite a bit lately on your channel, so.
I'm gonna feed the question back to you.
Craig (03:34)
Well, you know, I
think that's the second point I want to ask you too. So let's talk about that for a little bit because we were banging along at the end of July at about four thousand dollar gold and you know, fifty seven, fifty-eight dollars silver. And now we've had you know, and the GDX was at seventy or seventy two. You know, we've had this tremendous month and it all kicked off. like you said, back on July the thirtieth with that announcement that the Treasury was gonna work with the Bank of Japan.
To try to, you know, keep them from dumping treasuries and in in support of the yen. And so, okay, that was the first kind of shot across the bow, it seemed. And then we really accelerated what last week and again this week with Bessent's announcement that they're gonna increase those auction sizes to create a bid on the long end. Not over yield curve control yet, David, you know, where they're saying, you know, we are a buyer of everything above 4%. But
Certainly seems like baby steps, the you know, the first baby steps toward that policy. What what do you make of that?
David Morgan (04:37)
I agree, but you know, going from two billion to four billion is a drop in the bucket for the amount of treasury sold, as we both know, but I also announced something along well, they've got, you know, they've got the troops behind them up to a trillion or something. So it's financial
Craig (04:53)
Right, that general account.
David Morgan (04:55)
repression. I mean, whenever you have, you know, a true inflation rate of say John Williams, I haven't looked at John's site for a little while, but I think it's a nine percent.
We could serve them, say it's six, and the officials about half that number. Well, that means anyone that's bought a T bill or T note or T bond is losing money, losing purchasing power, I should say. And that's financial repression. And that's how you inflate away the debt. You just pay it away with cheaper and cheaper dollars. The only, not only, but the main issue is.
keeping it under control that it doesn't go from a high inflation rate to a hyperinflation, then
you've got
Craig (05:38)
Mm-hmm.
David Morgan (05:39)
problems. And we're already seeing kind of leaks that way, just seeing that the beef prices nationwide went up nine percent in a month. So I think they're gonna continue and I do think that they will be able to curtail what the free market would provide.
But I also believe strongly that it's going to get out of hand, not necessarily into a hyperinflationary collapse, but enough of a problem where they keep throwing more and more band-aids and the band-aids don't work. In other words, you know, maybe some type of free money like what happened during the illness, you know, just send you a check.
You know, if you're not making this as a minimum wage, well, it won't be UBI, but it'll be close to it. So Craig, I'm not sure, but I do know these guys don't care about quote unquote money. If they did, we'd have sound money in the system. What they care about is control, and they want to control the financial or what I call monetary system. And they're not going to give up on that. They'll do anything you can imagine to keep it in their power.
Craig (06:48)
Yeah. And and you know, Dave, the clock just keeps on ticking and that debt bomb just keeps on growing, reaching now and surpassing forty trillion dollars. that also happened this month, which again, another reason why they gotta try to control interest rates is because that debt service cost is now pushing a trillion and a half a year. My God, David, I saw something that last the monthly treasury statement that came out this month. EJ Antoni, who has been a guest on this program before.
pointed out that it was sixty three percent of the July corporate and personal income tax receipts went toward debt service.
David Morgan (07:30)
Yeah,
well that's where every fiat fails. I mean, we all know that. Well, I say we all know that. Very few of the public actually know that. But, you know,
Craig (07:36)
Yeah. Yeah.
David Morgan (07:38)
us in the hard money fac markets know that. And the bankers know that from the get go. And that's why I keep insisting that there's a backup plan out there somewhere with this, you know, reset. And, you know, I talked about that at the New Orleans conference on the on the new monetary system. I'm not sure I even mentioned silver in my speech until the very end when I made a joke. But
The new system is upon us and it's just, you know, how we get there. I mean, all you need to do to verify anything I'm saying about the new monetary system is go to the BIS website, the Bank of International Settlements, and start reading on your own. And it's all spelled out.
Craig (08:15)
Not a lot of people do go around doing that stuff though, David. It's better just to whistle past the graveyard and hope your NVIDIA goes up day over day.
David Morgan (08:22)
Right. We'll see.
Craig (08:25)
my other couple of questions are are kind of the same, as I'm thinking about it. so I let's start with this one. I have a distinct memory watching the gold price the last couple of years, silver too, for that matter. gold started
breaking
out in about March of 24. And it would move up 20% at a time and then go sideways, then shoot 20% higher and go sideways. And last summer, gold was kind of banging around trying to get through $3,400. Keep that in mind now that we're $4,400 a year later. And every, you know, there are a lot of analysts and, you know, wave guys are like, that's it. You know, it's going back to 2000, all this stuff. before the metals broke out of that,
That range, and then we know what happened next. The miners took off first. The miners took off on the first of August last year. And it was like, whoa, what's going on here? And then on August 31st, the medals took off. And then that's when, I mean, we know what happened over the next four or five months. Well, what's the GDX up 50% this month? I mean, the metals have played along too, but are we is it kind of the same situation? Are the miners foreshadowing what's going to come later this year?
David Morgan (09:34)
Well, as you said, I have a lot of experience. I mean, hopefully I'm better than average at what I do. I think I am, but back to your question. Yeah,
Craig (09:41)
Yes, you are.
David Morgan (09:42)
in almost all instances, I said almost all, not all, the the equities were actually a good timing signal because when they usually lead. Not always, but they do. And to see that happen, I th I'm agreeing with what you said. I think it is a precursor to higher metals prices.
And last summer we went along sideways as you said. And then I said it would break out maybe after summer, or maybe just keep going longer. I'll tell you later. And then I think it was on Labor Day itself, or the very close to it, it broke out and just ran. So I think we could see it again. I mean, as we both know, just to circle back slightly, I mean, a Fed is in a predicament they can't get out of. I mean, basically.
They want to fight inflation, which would mean higher interest rates, but they have to pay off the or they have to make payments on the debt, which leads the treasury to financial insolvency. So what do you do? Do you lower rates so the Fed can pay their interest payments? Or you do you increase rates so that the scare of inflation goes away? So they they're in a no-win situation.
Craig (10:56)
Well, and it here's another one for you. again, like I said, there's kind of the same question twice. You know, I why I watch the charts every day just to see if they're giving any clues. And the GDX and the SILJ. and I know you follow the the mining shares closely, that they started moving up. They were below all of their key moving averages, the 20, the 50, the 100, and the 200 day moving averages to begin the month. Now they're through the 200 day. They moved up through all of them and moving higher. Gold.
has moved up and gone through its two hundred day moving average, yet silver can't even get through its 100. So in your mind, does that mean that those other ones are just gonna fall back to where silver is, or do you think it's more likely that silver in the weeks ahead rushes up and tries to catch up?
David Morgan (11:44)
It's more likely that silver will catch up. I mean, gold is a much bigger market. It's been the leader now for quite some time. And silver, of course, is monkey with more than than gold is, and it's a smaller market, as we both know. So I think we're gonna see it higher. I mean, just witness what happened today. I mean, silver is still trading as we were doing the interview, but we had seventy-one print for a few hours.
And then Mr. Walsh talked about his hiking trip and all of a sudden,
Craig (12:16)
Ha ha.
David Morgan (12:17)
you know.
Craig (12:19)
Pretty good.
David Morgan (12:22)
Silver got clobbered.
Craig (12:23)
Yeah. yeah, we've never seen that happen before, David. In fact, we're only seeing that every day this week. Yeah.
David Morgan (12:28)
No, no, that's so rare, so rare.
Craig (12:34)
let me just kind of go back to this idea of the miners leading for once. You know, there was always this this almost seemed like an urban legend out there that what the miners do on one day tells you what you know the metals are gonna do the next. That statistically has been proven inaccurate. But
I I do think are they forward looking? You know, are are they are they at least a sector that's forward looking like the rest of the stock market? And again, they're telling you what's to come, whether it's the this notion that higher energy costs were going to really collapse margins, and maybe that's going away, or is it a combination of that with higher prices, widening margins? I mean, aren't again, I'm getting back to this idea. Can we look at higher prices?
mining shares this month as a precursor or higher metal prices.
David Morgan (13:25)
Yes. I mean again, you know, a lot of the markets, I mean, even these trading programs, it's on probability. I never took a course in statistics, but I have a pretty good math background. And the point is we have very high probability that the shares are leading. And the reason that we might be through the 200 day moving averages, as you talked about, is that there might be a a institutional type out there.
that bought just enough to move them that far. I mean, these are very small markets. So you gotta be
Craig (13:58)
Mm-hmm.
David Morgan (13:58)
a little stealthy when you make a large purchase for a pension fund, even a large money manager. And you know, you go in and you wanna gather up pro you know, very valuable, undervalued equities, it's in the mining sector. I mean the best value stocks on the in sp by sectors right now are the mining shares. The free cash flows in most of these producers is phenomenal.
And you know, these guys on Wall Street know it. But they ignore it because they mo you know, have ignored it. Maybe there's it looks to me like they're starting to to come on board, but they want to do it in a manner that isn't gonna move the market too fast.
And you
Craig (14:38)
Mm-hmm.
David Morgan (14:38)
do that by making a tranche and another one, another one. You buy it up over time, and that's called
bu you know, buying into the market and you accumulate. So there's the accumulation phase, the markup and the distribution phase. And that works in almost all markets of size. And so I think we're in the accumulation phase, Craig, and that smart money
Is moving out of the super high-tech AI, you know, it's gonna change our live sector into something real, like the metal sector, because there's nothing more important than than mining other than growing food or or energy itself. But those though I really do believe that's probably what's taking place. And you really can't get a real good picture. I mean, you're forward-looking as I am. Six months from now, we'll can revisit.
And we were right or we were wrong. I'm gonna bet we're
Craig (15:35)
You make a good point. I mean, it we're it seems l as if the market is getting back to grasping, you know, the things that were driving prices in the fourth quarter of last year. You know, this Trump's gonna run it hot, you know, they're gonna try to grow their way out with negative real interest rates and all that kind of stuff. And then this war happens. Yeah, first of March, it really, I mean, you're sitting in January. You couldn't necessarily have seen that coming and all the implications. But that said, David.
What a give us a little preview of the Morgan report. What do you what are you looking for over the remainder of this year and as the calendar flips? Are there some economic things you'll be watching, the market things you're watching? What do you what do you got your eye on?
David Morgan (16:16)
Well, I'm just publishing this weekend and I'm just finishing up. I just finished the editorial day before yesterday, and it's all about AI from the most objective perspective I can muster, which is it's very overvalued. Too much is, you know, looking at AI to solve all of our problems. I don't th it won't fail, but the financing behind it can. In other words, it's not
Craig (16:41)
Mm.
David Morgan (16:42)
producing enough res revenue to pay the amount of money borrowed.
These data centers together. So what will happen? Well, what usually happens in a free market, the the billionaires get bailed out because they need the money, and then it's socialized to the masses, which means the taxpayers end up paying for these things. So not a not something that most people want to hear, but I call them as I see them. As far as the metals are concerned, I'm pretty convinced that we're still in a major bull market. We still have upside.
I do think we're gonna get, you know, to at least $150 silver and who knows what gold price will be. I'm not too concerned about the price, although people look at it, so do I. I'm more concerned about the value, which means measuring gold in terms of how much of the Dow can you buy, how many barrels of oil
can you
Craig (17:34)
Yeah.
David Morgan (17:34)
buy, how many bushels of wheat can you buy, what kind of house can you get for a hundred ounces of gold, that type of thing. Because that will give me a much more accurate top.
Than just looking at $10,000 gold over there. Let's sell. So that's what I'm gonna focus on. I do have a mineral that hardly anyone knows about that we reported on once. We wrote it up and the stock went up sixfold. And I hate doing these little small stocks because I'm not here to move the markets. But it fell back. It's double when we first wrote it up.
we're doing a follow-up because the company has gotten a much better, stronger position than it had last time we mentioned it. So if you're an aggressive account, you might consider it. But nonetheless, still love what I'm doing, still looking forward to higher metals prices. But on a personal or let's say a more social level, it's frustrating to see what this administration is not following through with. To me, and I still
tried to stay apolitical, but I'm not blaming the president, but the whole administration looks to me like they're moving more toward a technocracy than you know, restoring the people's rights. And that's again how I see it.
Craig (18:52)
Well, and David, you've identified one other risk that's coming here in the final four months of the year, and that's the midterm US elections. it'll be very, you know, there was some assumption a few months ago that everything'd be maybe status quo and Trump would just keep doing what he's doing. But boy, the way you know we things happen politically here in our country, if he loses both chambers of Congress.
Who knows what his future holds. And that boy, as we get closer maybe through September and into October, I would imagine that's gonna play a role in how the metals and the markets trade too.
David Morgan (19:35)
Agreed. Yeah, no, it's very precarious times as the Japanese Japanese Chinese curse. May you live in interesting times.
Craig (19:45)
Yes. And you know, and you mentioned too the Japanese yen, another thing that that in how that impacts the market, if it keeps rolling higher and the Fed has to or the treasury intervenes more. I mean what interesting times we live in, my friend. And again, I it's always so fun to pick your brain 'cause you've seen a lot over the years and your the wisdom you can provide is invaluable and you've done it again here today. So thank you.
David Morgan (20:10)
Well, it's always fun to be with you, Craig. It's good to see you again and congratulations on everything that's going on in your personal life. I'm happy for you.
Craig (20:17)
Thank you. I everybody, if you see, I got a little different background going here. welcome to grandchild, my first grandchild. That's what David's referencing. And so yeah, I mean talk about bigger picture, right? Like it's
David Morgan (20:29)
Yeah. Right.
Craig (20:30)
like all of a sudden all this other stuff I've been worried about took back seat this week. but David, thank you. The Morganreport dot com is where you can find your work, correct?
David Morgan (20:41)
That's correct. And if you become a paid member, you get a one-half hour consult with me directly. We go over, you know, what your goals are, what you're trying to achieve, where you're sitting now, and it's part of the purchase price, but I still have a money-back guarantee. So you can do the consult with me, decide, it's really not for me. No harm, no foul. you will get your money back even after having the consult.
Craig (21:05)
my g what goodness gracious, why wouldn't somebody do that? And then they might also get that stock pick that company you were talking.
David Morgan (21:12)
Well, we could
talk about that if that's what they wanted to do, you bet.
Craig (21:14)
There's
a there's a double barrel win right there. terrific. Thank you, David. And again, you want a double barrel win? Buy some physical precious metal, hold it for the long term. As the dollar, the Canadian dollar, the euro, the yen, the pound devalues themselves to nothing. Your metal prices are going to protect you against that. The Sprat summer sale, always a great time to add some physical metal to your stack. Sprite, if you buy a whole bunch and
You want to store it securely, they'll help you with that too. So go to sprottmoney.com or call them at 888-861-0775. It has been a heck of a month. Lord knows what September is going to have in store for us. So hit the like or subscribe button on your way out. There'll be a whole month of content coming from Sprott Money. You're not going to want miss miss any of it. But for now, we'll wrap up August. Thank you, David. Morgan. Always great to visit with you.
David Morgan (22:07)
My pleasure. Thank you, Craig.
Craig (22:09)
And thank you everybody for watching and again keep an eye on this channel as we head into what will be a very volatile month of September.
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