Liberty and Finance, Released on 10/21/22 (Recorded on 10/20/22)
The silver market is distorted, says David Morgan. Registered inventory is extremely low, only 40 million ounces. Physical metals are being drained off the COMEX and LBMA. The market is in backwardation. Retail premiums are skyrocketing. All these factors are converging, making an incredibly bullish case for silver. Possibly as soon as the end of the year, something has to break, he says.
0:00 Intro1:54 Silver inventories12:44 Silver's price20:00 US Mint23:47 Platinum26:21 Year-end for silver30:35 Miles Franklin
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.
Someone Won't Get Their Silver As The Market Breaks | David Morgan added by Herman James on 10/21/2022View all posts by Herman James ?+'