Analyst Says if Silver Dips Below $18, Precious Metal Could 'Get Absolutely Smoked' — Morgan Report Founder Expects a Supply Crunch – Finance Bitcoin News

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In ten years’ time, David Morgan thinks silver will be one of the best investments due to industrial demand. gold bitcoin PreciousMetals

collected by the Silver Institute, the world’s silver demand will hit a record 1.112 billion ounces in 2022.

“[USGS] said that silver would be the first element on the periodic table that would be in such short supply, and that was a few years back,” Morgan detailed. “Just the industrial side alone is probably going to take all the silver available at some point in time.”If you’ve got a long time horizon, like ten years or more, I can’t think of something that would be better than a silver investment.

FX Empire Strategist Highlights a Gap in the Silver Futures Market, Analyst Expects ‘a Lot of Downward Pressure’ However, in the short term, fxempire.com’s precious metals analyst Christopher Lewis envisions silver dipping below $18 per ounce. Lewis says there’s a“At this point, it looks like we will fill the gap rather soon, perhaps down to the $18.50 level. If we break it down below there, then the $18 level is also important, as it is a large, round, psychologically significant figure, and an area where we have recently seen a lot of support.

 

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I agree. If you want silver in Australia buy WRM WhiteRockMetals TMZ MKR IVR SVL. Toronto ABRA, PAAS GGD APM BCM AR SMT EXK Australia has fantastic silver deposits in a stable Tier 1 jurisidiction with common law. Play is safe with Silver. Invest in Australia.

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That’s interesting. Why not gold tho?

I was reading the same thing 20 years ago.

Pertingi olmadan piyasa hemen halledilmesi lazim

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I think you're right, go and invest in silver, especially now👀👀

Ten years later.👀

bitcoin has no second

I too think Litecoin will be a great investment in the future

No one could predict the future

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Thankss 🚀

Why have you never mentioned this?. .

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