David Morgan: Silver's Biggest Gains Starting Now

3 years ago
30

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Tom welcomes back a man who needs no introduction, the silver Guru David Morgan himself. David discusses the saying, "90% of the move comes in the last 10% of the time." and why that seems to ring true.

Physical demand in 2020 for silver from ETF's has been unprecedented, and the gold-silver ratio has also outperformed. Silver should continue to outpace gold, and he expects this bull run to continue for another two or three years.

David explains how silver is both a commodity and a monetary asset in times of crisis. Today's environment of excessive money printing and debt creation is an excellent time for it to outperform. When contrasted with the base money supply, you can establish some high price targets. Silver remains an essential industrial commodity in the modern world.

David discusses the supply-demand picture for silver and how it has been gradually changing. He believes the dual demand profile and the many useful applications for silver will drive the market.

He discusses Bitcoin and why swapping some profits for silver may be a good idea.

Anything vital, like energy and food, will likely cost more as inflation unfolds. Investor psychology and concerns regarding government policies will drive money velocity.

Everyone should have a core physical silver position, and for those who want extra leverage, they should look at miners.

David says, "People won't believe it, but in inflation-adjusted terms, silver remains near all-time lows."

Time Stamp References:
0:00 - Introduction
0:40 - Silver Cycle Forecast
3:02 - ETF Demand
4:27 - Valuing Silver
9:00 - Silver Supply & Demand
13:23 - Applications for Silver
17:28 - Attracting Investors
20:22 - Bitcoin & Silver
22:06 - Economic Expectations
26:26 - Money Velocity
28:45 - Silver Rules
31:31 - Selling Silver?
34:10 - Trading Silver For Gold
35:33 - Central Bank Digital Currencies
38:58 - Silver Backed Crypto
40:26 - Wrap Up

Talking Points From This Week's Episode
- High physical demand for ETFs.
- Silver Supply/Demand & Inflation
- Digital Currencies & Central Banking
- Selling Silver & Swapping for Gold

Guest Links:
Website: https://silver-investor.com/
Twitter: https://twitter.com/silverguru22

David is a precious metals enthusiast with degrees in finance and engineering, and he originated The Morgan Report. This monthly report covers economic news, the global economy, and substantial capital gains by investing in the Resource Sector. The Model Portfolio includes top-tier, mid-tier, speculative, and special situations.

David considers himself a big-picture macroeconomist whose main job is education — educating people about honest money and the benefits of a sound financial system.

A dynamic, much-in-demand speaker worldwide, he has appeared on CNBC, Fox Business, and BNN in Canada. He has interviewed- The Wall Street Journal, Futures Magazine, Investing Rules, and numerous other publications.

As the Morgan Report publisher, he has appeared on CNBC, Fox Business, and BNN in Canada. He has been interviewed by The Wall Street Journal, Futures Magazine, The Gold Report, and numerous other publications.

#DavidMorgan #Silver #Gold #SilverPrice #BullMarket #Stagflation

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