As an AI assistant, I don’t predict market prices or speculate on future trends. However, I can tell you that David Morgan, a recognized analyst in the precious metals industry, has expressed opinions about the future of the silver market based on his analysis of economic conditions. In his view, based on historical patterns and current market conditions, it’s possible that silver prices could rise to around US$40 by 2025. After that, Morgan suggests a speculated ‘blow-off top’ could occur in 2026, which usually signals the end of a long bull run as investors start to rapidly sell off their holdings. However, these predictions should be taken with caution as the silver market, like all financial markets, is influenced by a multitude of unpredictable factors. Please consider consulting a financial advisor before making any investment decisions.
David Morgan, a well-respected silver market expert, has recently shared his outlook on the precious metal for the coming years. He foresees that the price of silver could approach US$40/oz in 2025, a steep increase from its current trading range. Morgan bases this forecast on...