If you are an old ticker hound or tape worm and prowled Kitco and Financial Sense you’ll know David Morgan as the “silver guy” who has followed the trade as closely as anybody for, well, at least 20 years I think.
While Eric Sprott is unavailable due to unfortunate private family issues for the Sprott Weekly Wrap-up, he’s always an interesting Friday listen, Rick Rule and others have stepped in ... last Friday it was David Morgan.
So further to the potential disruptive spillover from WallStreetBets and the rampaging Gen X and Millenials blowing-up GME and AMC and BB etc.,. (who I might add are just as mad for their own reasons as the rust belt and corn belt Trumpsters or the urban BLM crowds - hello deepening wealth and income inequality! - who wants to be living with their parents and working a dead end service job at age 35?) silver is getting some juice. How much not clear but physical retail bullion is out of stock this weekend and spot is instantly climbing in the futures market ...
Listen to what Morgan as to say, and consider what impact the size of the silver market, the potential demands, the long rolling short positions that have weighed on it for years, might all mean for a little Golden Triangle drill play that was following up on bonanza grade historical veins and surface samples ... right here.
It doesn’t matter if the crazy apes only attack SLV ... all silver plays will waterbed up. And if you were to add some eye-popping drill intersections .... I don’t know, it could be like cheering a long shot pony charging down ahead by a neck on the backstretch.
cg
https://youtu.be/zsQQo0jBlH0