We're right on the verge of a breakout by silver to new highs, which is expected to lead to an intense short squeeze and a dramatic ramp in the price of silver and all silver investments.
If the outcome is a sharp economic slowdown or recession, Treasury yields will fall significantly, and that would propel gold to $4,000+ and silver to $60+.
Silver briefly touched $40/oz before consolidating around $38. Morgan welcomed this “stair-step” pattern, arguing it’s healthier than a parabolic surge.