I used to listen to him religiously, starting to think he has the crediabilty of the Bank of Somalia....no wonder he has resurfaced after stating how much cash his business is losing with his 'silver advice' Im probably being a little cruel but he changes his 'learned' advice so much. http://www.youtube.com/watch?v=tufG0D_lxQs
Let me put this to you, is there anyone who produces videos on a weekly basis that is worth listening to? I can't think of 1 person... You know why? because we don't get a market changing event on a weekly basis, but these hacks have to pretend like we do to make money.
He was one of the few commentators who was warning people about the big rise in silver back in 2011. Most everyone else was saying it was going to the moon. I did learn how to take physical off of the exchange from his website. He had Charles Savoy writing for him for a long time, who has pulled up a lot of esoteric silver facts (the stuff on the Pilgrams is really interesting). While I didn't renew my subscription for his site, I think that overall, he is a good guy.
Who has the greater credibility.......Bank of Somalia or the US Fed? Somalia is starting to look attractive if not almost honest!
WTF. First he says $65 by the end of 2012 Then not too long ago he said $65 by the end of 2013 and now he is saying silver might hit the $40's at the most for 2013? He sure likes to change his mind a lot.. Still the last minute or so when he speaks about Gen Y was very spot on!
I'd rather hear from someone who has the balls to admit they're wrong and change their prediction based on current market conditions; as opposed to someone who makes a prediction and won't budge from it no matter what happens in the market. Yes, his Gen Y commentary was very good.
Im a paying member of The Morgan Report and i find it extremely helpful I think because my goals and assumptions are similar to his. You guys may be looking for something other than what he is offering. I also think you guys are being too hard on him. Jim Sinclaire was outragously wrong and nobody bad mouths him (not to mention he has gone to ground since his predictions went south) at least Dave doesnt blame it on manipulation when he is wrong Ive been listening to Dave Morgan since mid 2009 and a paying member since last year
Have you taken action on his advice for investing in mining stocks? If so, I'm guessing you're investing in overseas markets? I got the feeling his report is more US-specific.
Of course it is And no im not investing in o/s mining companies, but he does commentary on the metal markets, oil, S&P500 and a few other things. His team members are also well worth the price imo. Information is worth more than you realise To be honest for a moment, I get the feeling many people i run into on SilverStackers at the moment are greed buyers, angry when silver goes down, happy when it goes up and impatient and unable to realisticly manage their expectations and their emotions. But they wanna get angry and blame someone. If I wanna blame someone for losing my own money I just need to look in the mirror. Its not manipulation's fault, or any analysts, and its not coz everyone else is stupid and not buying silver.
Im not blaming anyone, all I did with the opening of the thread suggest that if you make your money off giving advise on silver and what you believe will be the price at time 'x' is that you would want to be pretty much on the ball. At the end of the day it his business, and as I stated, I can see why its not going very well. I understand its almost imposssible to predict what is happening given the amount of (what I believe) manipulation, but given his i quote "Over thrity years experience.." you would think that he has a firm understanding of market forces, manipulation etc and not even get into the game of stating silver at price 'x' by time 'y' Just my thoughts.
Quoted for the truth, if you take owner ship of your own mistakes at least then you can do something them
