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Silver Ready To Run? Nearly No Resistance Upward | David Morgan
Silver expert David Morgan (https://www.themorganreport.com/) discusses the ongoing developments in the precious metals markets, particularly focusing on the potential impact of "Silver Squeeze 2.0." He notes that while the retail market for silver remains subdued, central banks and large investors are continuing to buy gold and silver, signaling a shift in capital allocation towards commodities. Morgan expresses skepticism about the immediate impact of the Silver Squeeze 2.0, predicting that it may not significantly move the market, but he acknowledges that the retail side could eventually re-enter as geopolitical tensions and stock market instability grow. He also highlights the broader economic context, predicting more stagflation and the potential for a global economic contraction. Morgan concludes by emphasizing that the retail public will likely be drawn back into the precious metals market once they see the sustained movement in gold and silver prices.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Gold update
5:02 Retail demand
9:30 Recession
15:04 Tariffs
17:40 Geopolitical conflict
19:48 Silver Squeeze 2.0
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