Skip to main content

GoldSeek Radio Nugget - David Morgan: Silver To Break Through $50 and Beyond


With gold near all-time-record highs, The Silver Guru, David Morgan, reviews the charts of gold and silver in anticipation of a rocket ship ride to new highs as soon as 2024!
- David outlines his bullish case for gold in 2024.
- Is silver winding up for a big run to record highs, mirroring 2010, when AG 3x'ed in 9 months?

This is just my conjecture that we'll hit $50 in our probably back off and they might not go to $55. It might have $53.25, who knows? But I'll be in the $50 range. It'll probably back off. And there'll be a lot of selling at $50. Probably, at least on paper and then now it all could come down and go below $50 and how much below silver can do anything.

Go to $35, I doubt it, but still goes to $43 consolidate there, and I don't think [it can] consolidate for very long and then it'll come back up through $50...and once $50 becomes a floor for silver, bar the door because now you're in new territory. You've got an industrial demand that all silver production and recycling can barely meet...and now you have nothing but fresh buying and people that are holding because they waited, so long – and they are such men and women of conviction – that any new buying to be massive. We'll take the price up higher and higher and higher.

-  Is the true price of gold, when inflation-adjusted close to $20,000?
- If gold support holds $2,150, is a run to $2,300 the next stop on this bull train ride?
- We review the epic 4 year, bullish consolidation in silver, possibly unrivaled in modern history!
- Is the 4 year silver price consolidation signaling a run to $50+ in the coming months?
- David's work suggests an ultimate zenith of $200 silver, this decade.
- Is silver in a "structural supply deficit?"
- Will the herd pile into silver, once gold prints $2,500, as a sympathy investment?
- As gold climbs to $5,000-$10,000+, will silver gain gold-like status to the masses?

- David's documentary trailer.
- David Morgan's main page.

About the author

Average: 5 (2 votes)

Newsletter Signup

Join the Free Weekly Silver Review! week in review delivered direct to your inbox!