Those watching the price of silver closely may gain new insights with this comprehensive David Morgan interview. His prediction for 2012: $60. In the video, David tells us why Gold and Silver dropped over the last few weeks and provides his thoughts on where the precious metals are headed in 2012.
The interview is conducted by FutureMoneyTrends.com.
Predictions mirror what we’ve heard before: $60 for Silver and $2500 for Gold in 2012, but Morgan’s timing somehow seems more reasonable than the failed predictions of imminent moon shots that were heaped upon us this year.
Morgan provides 3rd or 4th quarter targets and says we aren’t going to see silver surging higher immediately, in the first quarter. This sets him apart from other gurus who perpetually predict that we will double or triple prices in a matter of moments.
Recommendations for buying physical silver remain the same, but this interview seems to tamper expectations for the near-term and reduce the anxiety that I’m sure we all have felt as of late.
Happy Holidays to our visitors!