Market Force-Silver

By: David Morgan | Fri, Aug 7, 2009
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In this week's missive I decided to take a clip from the August issue of The Morgan Report and share with readers what others have to say about the silver market.

Begin excerpt...

As some of you know, I associate with many of the well known and not so well known people in this industry and sometimes forget that some of them are as bullish as I about silver; one of them is Adrian Douglas.

Adrian Douglas, the proprietor of Market Force Analysis and also a director of GATA (the Gold Anti-Trust Action Committee), did a recent interview about the silver market, and he is as bullish as we are, if not more so. Here are some of the highlights of that interview.

The MFA for silver until recently was showing that it was going to outperform gold, which it has. Right now we're at a point where the Market Force Analysis has to bust through a particular resistance level, and it's right there at it, and it hasn't broken through, whereas gold has actually moved off and started to show significant strengths.

Editor's comment: Adrian is NOT the only one to make this type of statement. Jerome Smith, author of Silver Profits in the '80s and several other books on silver and the economy, thought gold and silver would trade at the same price at some point. Personally, I want to let the market speak and am looking for a ten to one ratio where silver trades at 1/10 the price of gold at the high. Regardless, silver has much stronger fundamentals than even gold, but the market demand for gold is stronger in dollar terms by far. However, just a small shift in thinking and/or new money can send silver very high, very fast.

End of excerpt...

Adrian Douglas had more to say however, this is sufficient to give the reader something to ponder on the medium to long term price potential of the silver market. The potential of silver being depleted by 2020 is a point I made at the February Silver Summit in Phoenix Arizona. Perhaps some of you may think about attending in 2010. One of the largest and best Silver Summit's is the original in Spokane Washington see the Silver Summit for more details.

It is an honor to be.




David Morgan

Author: David Morgan

David Morgan

David Morgan

David Morgan ( is a widely recognized analyst in the precious metals industry; he consults for hedge funds, high net-worth investors, mining companies, depositories and bullion dealers. He is the publisher of The Morgan Report on precious metals, the author of Get the Skinny on Silver Investing, and a featured speaker at investment conferences in North America, Europe and Asia. You can receive a free 30 day trial subscription here

Mr. Morgan has been published in The Herald Tribune, Futures magazine, The Gold Newsletter, Resource Consultants, Resource World, Investment Rarities, The Idaho Observer, Barron's, and The Wall Street Journal. Mr. Morgan does weekly Money, Metals and Mining Review for Kitco. He is hosted monthly on Financial Sense with Jim Puplava. Mr. Morgan was published in the Global Investor regarding Ten Rules of Silver Investing, which you can receive for free. His book Get the Skinny on Silver Investing is available on Amazon or the link provided.

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