Silver Is Facing Its Final Test Before $90 | David Morgan
Silver Is Facing Its Final Test Before $90 | David Morgan
Silver traded near $120 an ounce in January. It prints $69.70 today. David Morgan of The Morgan Report — who told his paid readers to begin taking profits at $80 on the way up — says the correction is not finished, that $120 was a cyclical peak rather than a secular top, and that the number worth watching is not $90 but $60: not as a price target, as a duration test. He also says something he has spent two decades not saying, and he flags the conflict himself before the interviewer can. Full breakdown, with the counter-case on every claim.
“` 0:00 The $120 question
0:29 This week’s rundown
1:02 Silver’s $50 floor and the $60 test
3:21 What actually capped the rally
5:55 Why the miners gapped up 8:17 Buying zones and the year-end print 10:21 Market check 11:29 The verdict 12:39 Your question this week “`#DavidMorgan #SilverPrice #GoldPrice
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