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RE: The Physical Economy Is Deteriorating At An Accelerated Pace, It Will Not End Well:David Morgan

in #economy7 years ago (edited)

Its been a rough time for precious metal investors, I got in several years ago and have seen very little growth. I actually think crypto is really diminishing demand for gold in particular and other metals to a lesser extent. In terms of crypto actually disrupting existing industries, I think the precious metals are the first real example of that starting to happen.

I'm also worried long term about mining technology breakthroughs that create a glut of supply. That said, I think the prices are so depressed at the moment that it is still a good buy.

Thanks for the quality vid.