Silver Drained From Exchanges | David Morgan

Liberty and Finance, Released on 6/19/23

The Fed pause was a “trial balloon,” says David Morgan, founder of The Morgan Report. He expects the Fed to continue to hike rates, because higher interest rates make the U.S. dollar desirable as a reserve currency. Regardless of where the Fed sets rates, he expects metals to move higher. COMEX registered inventory of silver is less than 30 million ounces. “The physical market on the COMEX is being drained,” he says.

0:00 Intro
1:44 Fed pause
9:54 Silver exchanges
13:53 Metals forecast
16:50 Silver & freedom

David Morgan is a world-renown precious metals aficionado. He is the creator of, 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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