Gold News $100 silver price: when and why we will see it – David Morgan

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Gold Information $100 silver worth: when and why we are going to see it – David Morgan

Gold and silver have at all times held an in depth correlation with one another, with silver often outperforming gold in bull markets, because it did this yr.

Assuming a $4,000 gold worth goal in two to a few years’ time, which is roughly a 100% enhance from present ranges, and assuming a normalization of the gold-silver ratio to 40-1, then silver needs to be buying and selling at $100 by the point gold doubles in worth, stated David Morgan of

“The final time we had that run in silver in 2011, we’ll have a look at one thing related, so at the moment it obtained to about 33 to 1, so if we $4,000 gold and we use a ratio of 40 to 1, that claims $100 silver. Is that out of the query? I don’t suppose so. I truly forecasted that worth again in 2003 when silver was beneath $5, so I believe we’ll see that,” Morgan stated. “I’m not saying subsequent yr, however we’ll see that.”

0:00 – What’s been holding silver again?
4:34 – Silver and inflation
6:45 – Silver’s correlation to gold
8:11 – Timeline for $100 silver
9:18 – The “honest” gold-silver ratio
11:51 – Silver’s efficiency in recessions
13:49 – Financial coverage vs industrial demand on silver
16:14 – Dangers to industrial demand
17:45 – Provide and demand
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