Cambridge House International has posted more than 50 videos from its Vancouver Resource Investment Conference held last weekend. Among them is the above interview with David Morgan who discusses his presentation on the silver market, — including silver myths, particularly that “silver is not money” — and responds to investors’ concerns that they may have “missed the move” in silver.
And interviewed by Hard Assets Investor, Morgan is asked, “Where do you think silver is headed in terms of price this year?” He replies that “I’m on record saying $60 by the end of the year. The key is to get through that $50 psychological barrier. It’s probably going to take a couple of tries…. Once it does that, you could see silver go up from $50 to $60 in a matter of two weeks. That’s the kind of move silver is capable of making.” He also discusses the implications of silver being “in tightly held hands,” and explains why he prefers coins over bullion.
You can sign up for SilverSeek‘s free online presentation of Morgan’s “Silver in the next decade.”
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