David Morgan: Silver’s Biggest Gains Starting Now

• Palisades Gold Radio
  Tom welcomes back a man who needs no introduction, the silver Guru David Morgan himself. David discusses the saying, “90% of the move comes in the last 10% of the time.” and why that seems to ring true. Physical demand in 2020 for silver from ETF’s has been unprecedented, and the gold-silver ratio has also outperformed. Silver should continue to outpace gold, and he expects this bull run to continue for another two or three years. David explains how silver is both a commodity and a monetary asset in times of crisis.
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  Today’s environment of excessive money printing and debt creation is an excellent time for it to outperform. When contrasted with the base money supply, you can establish some high price targets. Silver remains an essential industrial commodity in the modern world. David discusses the supply-demand picture for silver and how it has been gradually changing. He believes the dual demand profile and the many useful applications for silver will drive the market. He discusses Bitcoin and why swapping some profits for silver may be a good idea. Anything vital, like energy and food, will likely cost more as inflation unfolds. Investor psychology and concerns regarding government policies will drive money velocity. Everyone should have a core physical silver position, and for those who want extra leverage, they should look at miners. David says, “People won’t believe it, but in inflation-adjusted terms, silver remains near all-time lows.”
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  Time Stamp References:
  0:00 – Introduction
  0:40 – Silver Cycle Forecast
  3:02 – ETF Demand
  4:27 – Valuing Silver
  9:00 – Silver Supply & Demand
  13:23 – Applications for Silver
  17:28 – Attracting Investors
  20:22 – Bitcoin & Silver
  22:06 – Economic Expectations
  26:26 – Money Velocity
  28:45 – Silver Rules
  31:31 – Selling Silver?
  34:10 – Trading Silver For Gold
  35:33 – Central Bank Digital Currencies
  38:58 – Silver Backed Crypto
  40:26 – Wrap Up
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  Talking Points From This Week’s Episode
  – High physical demand for ETFs.
  – Silver Supply/Demand & Inflation
  – Digital Currencies & Central Banking
  – Selling Silver & Swapping for Gold

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