Silver Doctors, Released on 2/18/19
The top silver expert joins Silver Doctors and shares his forecast for precious metal prices in 2019.
Gold broke through $1300 late January. “Gold’s got to lead silver.” Once we get above $1350 gold, silver will accelerate, he says.
For 2019, Morgan expects gold will not get above $1450. He sees the gold/silver ratio falling to 74/1, putting silver up to $18 or $19.
Morgan says some junior silver miners are great potential upside. He says there is an art to speculation and most people do not speculate correctly. He shares some pitfalls that people fall into when speculating on stocks.
While gold is flat for the last five years in U.S. Dollars, gold is up in other currencies.
Morgan sees a recession coming this year, while he sees the mainstream won’t acknowledge it until 2020.
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.
“For 2019, Morgan expects gold will not get above $1450.”
You can’t be serious??? Everything is like a coiled spring ready to pop. Plus, like others have said, there are all these black swans circling overhead anyone of which can bring convulsions to the market. This next year could (should?) be a whopper…
Gold certainly appears very strong at the moment. Let’s hope this continues throughout the year and beyond.