Someone Won't Get Their SILVER As The Market Breaks | David Morgan
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The silver market is distorted, says David Morgan. Registered inventory is extremely low, only 40 million ounces. Physical metals are being drained off the COMEX and LBMA. The market is in backwardation. Retail premiums are skyrocketing. All these factors are converging, making an incredibly bullish case for silver. Possibly as soon as the end of the year, something has to break, he says.
The interview was recording on October 20, 2022.
0:00 Intro
1:54 Silver inventories
12:44 Silver's price
20:00 US Mint
23:47 Platinum
26:21 Year-end for silver
30:35 Miles Franklin
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