The top silver expert shares his forecast for precious metal prices with Silver Doctors, and he also shares his thoughts on the gold-to-silver ratio…
Gold broke through $1300 late January. “Gold’s got to lead silver.”
Once we get above $1350 gold, silver will accelerate, Morgan says.
For 2019, Morgan expects gold will not get above $1450. He sees the gold/silver ratio falling to 74/1, putting silver up to $18 or $19.
Morgan says some junior silver miners have great potential upside. He says there is an art to speculation and most people do not speculate correctly. He shares some pitfalls that people fall into when speculating on stocks.
While gold is flat for the last five years in U.S. Dollars, gold is up in other currencies.
As for the economy, Morgan sees a recession coming this year, while he sees the mainstream won’t acknowledge it until 2020.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.