Silver Surges Past $45… $50 Next? | https://www.themorganreport.com
David Morgan of The Morgan Report discusses the current silver market as prices push toward $45 an ounce, a level not seen since 2011. David highlights strong industrial demand, significant institutional buying, and the psychological importance of the $50 level, suggesting that breaking it could usher in a new phase for silver. They explore retail demand trends, particularly for Silver Eagles, the potential for shortages, and how wealthy investors are increasingly moving into precious metals. David emphasizes silver’s unique role as both a wealth preserver and a critical industrial metal, noting its enormous long-term potential compared to gold. The conversation closes with reflections on currency value, historical parallels, and the evolving financial landscape.
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