Stacy Summary: In the latest Morgan Report, David Morgan looks at the price and supply of silver. While very cautious after the big rise in the price of silver, Morgan looks at a few demand supply issues. On the demand side, he mentions both Eric Sprott and Max Keiser as being responsible for spreading the message of silver to a wide audience and, therefore, the demand. In terms of supply, he debunks the argument put forth by several silver bears that there is 19 billion ounces of silver available.
There’s been some rotation out of silver and into gold – which if fine by me – as long as the dollar keeps getting hammered. The silver-gold ratio – with a rising gold price – will fall back and spring load the silver vigilantes and SLA to gun the silver price toward $100 (on the way to $500).
Dear Max & Stacy,
I have just discovered Keiser Report and “Buy Silver, Crash JP Morgan”
campaign. Thank you for an eye opening information. (and kudos to RT
Even though I’m late to the game, but I still believe there’s a big
upside for silver waiting ahead and had just purchased ~200 oz of
silver. Now that CME raised margin for Silver once again, it looks
like the fat cats are desperate and will do anything just to get
through this fiasco. Many of us here in the SLA, Thailand are packing
up ammos as much as we can.
Keep up the good work! I’m now addicted to Keiser Report. Maybe 3-4
shows/week instead of 2?
All the best,
Anonymous SLA from Thailand.
BLOCKBUSTER REVEAL: Dutch central banks mandate disinvestment of Dutch pension money out of Gold.