When it comes to silver, David Morgan of The Morgan Report is synonymous with the metal, having tracked it for decades. “Some people may hate me for saying this,” says Morgan in his interview with Daniela Cambone, “but we have a backed-up inventory of the metal; for now, the market can meet demand.”
Morgan explains that the silver price probably won’t see an imminent breakout, but a big uptrend move is coming— it’s currently trading around $24 an ounce, about halfway from its all-time high of $50 an ounce.