Filmed on 19 March 2021
In this episode of BullionStar Perspectives, Ronan Manly discusses all things silver with a legendary figure in the silver market, David Morgan.
Widely known and universally respected, David is an acknowledged guru of the silver market, and has been writing about and analyzing the silver market for many years. He is also author of the Morgan Report and a number of books about silver investing.
With the silver market now attracting more media and investor interest than in a long while, and with the physical silver market displaying impressive strength in an environment of tight supply, this is a must see interview with the one and only David Morgan.
00:00 – Introduction
00:53 – Current excitement in the silver market and it’s sustainability
02:27 – Impact of rising investment silver demand given tight supply
06:33 – SLV and the London silver ETFs versus Sprott PSLV
10:20 – The SLV sub-custodians in the London silver market
11:54 – Silver demand – Competition between investment and industrial
15:16 – Government silver stockpiles and other Undisclosed stockpiles
18:48 – The historic strategic silver pile of the USA
21:16 – The market for 1000 oz silver bars: A limited and finite supply
24:24 – JP Morgan’s naked short in silver and CFTC’s lack of action
27:33 – The Big Silver Short position of JP Morgan and other Wall St banks
30:55 – Impact of a higher and rising silver price above $30 per ounce
35:54 – Scenario of government forced sales of silver mines/physical
38:32 – The inflation-adjusted price of silver and what prices could we expect
41:15 – The silver mining stock sector and its place vs physical silver
45:01 – The Wrap Up