Silver’s Biggest Move Is Still Ahead

In this conversation, GoldSilver’s Maggie Lake sits down with David Morgan — founder of The Morgan Report and one of the most respected voices in precious metals — to make the case that the silver bull market isn’t over, it’s just shaking off late arrivals before the real move begins. David has lived through multiple silver cycles, including 1980, and explains why every structural driver — supply deficits, expanding investment demand, and a shift in how central banks think about hard assets — is still intact. This is Part 2 of 2 from a longer conversation. Part 1 covers dollar debasement, fiat failure, and financial repression.

David explains why the drop from $121 to $60 is doing exactly what a bull market is supposed to do — and why the investors who hold through it are the ones who actually capture the move. He also covers the $300 billion Russia seizure that permanently changed how nation states think about gold, and the institutional sequence that tells you when mining stocks are about to run.