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Haggis
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David Morgan: $75 Silver Looming - The Gold Report -

I rather doubt David Morgan's comment that silver will hit $75 an ounce for at least 5 to 8 years down the road. Silver will never rise as fast or as high as gold. This is pure dreaming on Morgans part simply to write and publish an article.

Commented 4837 days ago

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Beginning of the headline :What happened in 2008 was a silver sell-off that caused a shortage, pushing the physical price of silver at the retail level to around $13/oz. while paper silver traded under $9/oz. on the futures exchanges. Excessive short selling then ran the price from about the $20/oz. level to the brink of $50/oz. The next leg up could take out the $50/oz. level after a few tries and then not look back until establishing a new nominal level of $65/oz.–$75/oz... Read More

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