Silver closing in on $18.50, key technical point. 5000 year high for the gold to silver ratio. Now it's back down to 95 and probably going lower. David is hoping for $20 silver. He's not seeing confiscation as a possibility. Perhaps at the ETF level. Perhaps the RobinHood Traders are jumping on the mining stock bandwagon, since they've been showing high momentum and big recent gains. At the latter stages of the rally, people will be buying anything with gold or silver in their name. Why hasn't gold and silver gone higher and why haven't the stocks gone higher. It's very hard to analyze. Why did the metal not go higher when the mines were shut down? Is the absence of earnings enough to explain its under performance?
David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, 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.