WallStForMainSt: David Morgan: Peak Gold Is Here? Big Silver Supply Problems If Silver & Copper Prices Go Lower?
Jason Burack of Wall St for Main St interviewed long time commodities and precious metals paid newsletter writer and author, David Morgan, of The Morgan Report https://www.themorganreport.com/
Follow David on Twitter here: https://twitter.com/silverguru22
During this 50+ minute interview, Jason asks David Morgan about trust systems breaking down between governments and people in the global economy.
Jason and David also discuss the state of many silver miners after rising energy, labor and materials costs as well as capital largely unavailable for most juniors and miners.
While many miners are hunkering down for a bear market, the precious metals royalty companies have done over $2 billion worth of deals in just the last 4-6 months with rumors swirling of larger M&A.
David also thinks that peak gold mine production (lack of investment in the supply side) is here and that is copper and silver prices do not rise soon (or go lower) there will be big supply problems with silver in the next few years.
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