David Morgan: The Clock Is Ticking. Is War Upon Our Doorstep? 1.Evergrande 2.Fantasia – What’s Next?
- As Good As Gold Australia
In this intriguing interview, Brian and Darryl Panes from As Good As Gold Australia interview David Morgan from The Morgan Report and Advisor to AGAGA. What would it take to see Silver move sharply higher? A 20% correction in the stock market would do it. Deutsche Bank, Morgan Stanley and Goldman Sachs are saying, ‘Get Ready – We shouldn’t be surprised to see a correction of at least 10%.’ The Chinese economy is in trouble. The Evergrande dilemma is not going away, and now we have another Chinese debt saddled property developer (Fantasia Holdings) defaulting on a $206m bond payment, with a total of $315m outstanding and overdue to lenders. Does this spell the beginning of the end for the capital markets and the debt-driven Chinese economy and then spread to the US? This is bigger than many think. The ramifications could be immeasurable! Could even war be upon our doorstep?
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