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  There's No Silver Deficit, and Hasn't Been One For 10 Years ? David Morgan  
  David Morgan on 2017-11-28 21:30:25.0
 
 

The ongoing debate in the industry is whether or not there is a surplus or a deficit of silver supply. However, to silver expert David Morgan of The Morgan Report, there hasn't been a deficit in at least a decade. ?In the past, we were in a deficit, from 1990 to 2006. From 2006 until now, we've been in a surplus,? he told Kitco News at the Silver & Gold Summit in San Francisco. ?We are not and have not been in a silver deficit for the last 10 years.? However, Morgan remains optimistic that silver prices can move higher. ?We have a good base here, we're at the launch point in next 3-6 months,? he said. ?2018 is going to be a good year for silver.?

Watch the interview here…
http://www.kitco.com/news/video/show/Silver-Gold-Summit-2017/1770/2017-11-26/Theres-No-Silver-Deficit-and-Hasnt-Been-One-For-10-Years-David-Morgan

 

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The post There's No Silver Deficit, and Hasn't Been One For 10 Years - David Morgan appeared first on The Morgan Report Blog.

 
 
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