Wednesday, December 21, 2016

Best Yet To Come For Gold & Silver?


Recognized investor and editor of The Morgan Report David Morgan thinks the best might be yet to come for the precious metals space. According to his analysis, inspired by veteran metals expert Jeff Christian, Morgan said that historical data shows that most of the metal’s price rallies typically happen towards the tail end of it bull market. “I did the numbers and with my arithmetic, it came out that 93% came in the last 7.5% of the time in the last silver bull market,” he told Kitco News on the sidelines of the Silver & Gold Summit in San Francisco. “I think that eutrophic stage is ahead of us, I think we’re going to set a record to the paper price of the precious metals.”