David Morgan of The Morgan Report, an icon in the silver sector, returns to SGT Report to discuss the future of the US Dollar and the transfer of physical gold from West to East. More specifically, the transfer of gold and silver away from the Comex and the City of London's paper markets, to Chinese PHYSICAL precious metal markets like the Shanghai Gold Exchange, Shanghai Futures Exchange and the ABX.

It's becoming very clear that a sea change is underway as China hoards PHYSICAL silver at the Shanghai Gold Exchange, while openly encouraging Chinese citizens to acquire physical silver and gold as a way to protect wealth. It's a paradigm shift of epic proportion, away from paper promises and into PHYSICAL metal. David Morgan says,

Back roughly a decade or so ago, China was exporting roughly 100 million ounces of silver per year – exporting out of China. And then…it was roughly six years or so ago they started becoming a net importer of…a hundred million [ounces]. So that’s a 200-million ounce swing.

According to Steve St. Angelo from SRS Rocco Report, in just the past several weeks the Shanghai Futures Exchange's PHYSICAL silver stocks have increased from 54.7 million ounces to 60.6 million ounces, a figure that most certainly must leave officials at the Comex filled with envy, if not drowning in outright fear.

Morgan says that silver is one precious metal that the Bankers fear. And though a silver to gold ratio of 1 to 1 is a very heady prediction, Morgan says it's actually possible given silver's extreme rarity, history and widespread use as an industrial metal.

The Establishment cares more about silver than they care about gold . Not from a monetary aspect, but probably from a control aspect."

((( STACK SILVER )))