David Morgan: Silver Price Not Reflecting Market Activity

Investing News, Released on 2/4/21 (Recorded on 2/3/21)

This interview was filmed on February 3, 2021.

After briefly crossing the US$30 per ounce threshold earlier this week, the silver price has pulled back. David Morgan, publisher of the Morgan Report, said that right now the price of the white metal doesn’t reflect what’s happening in the market. “It’s acting like it’s the most ho-hum, boring market that you’d ever want to talk about … but that doesn’t reflect what’s going on, let me be crystal clear about that,” he said.

0:00​ – Intro
0:21​ – Silver’s previous price runs
2:43​ – How a silver squeeze could happen
5:47​ – Physical silver vs. silver ETFs
7:47​ – Explaining the short position in silver
10:51​ – Why is silver so manipulated?
14:18​ – A silver squeeze might not last
18:25​ – The silver price in 2021
20:29​ – Outro

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.

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