Silver just dropped from $121 to $60. David Morgan says the biggest move is still ahead — and the data backs him up.
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.
You’ll learn:
Why silver’s supply deficit and investment demand haven’t changed despite the correction
Why the main function of a bull market is to shake off as many participants as possible on the way up
Why the $300 billion Russia seizure turned central banks into indiscriminate gold buyers
Why silver has three demand drivers no other asset has — and what that means for price
The 5-step sequence that drives mining stock gains, and the mistake David made in 1980 that he’s never repeated
How much gold David Morgan actually recommends holding — and why physical beats paper
Buy Precious Metals at: https://www.goldsilver.com
Learn about Gold & Silver: https://goldsilver.com/learn/
Subscribe to our channel: https://www.youtube.com/c/goldsilver?sub_confirmation=1
Get Essential Gold & Silver News—Delivered Twice a Week: https://goldsilver.com/join-our-newsletter/
Follow us on Twitter: https://twitter.com/GoldSilver_com
Follow us on Facebook: https://www.facebook.com/GoldSilverDotCom/
As always, thank you for your support.
The GoldSilver Team
source
Author

- Ytv Market News
- Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.
Latest entries
AustraliaAugust 26, 2026Summerset Group: HY26 profit up 92% as sales hit record high
Politics News TodayAugust 26, 2026Diamondbacks manager Torey Lovullo apologizes to Chicago Cubs after sign stealing controversy: ‘bush league’
Market Movers TodayAugust 26, 2026HP (NYSE:HPQ) Delivers Impressive Q2 CY2026 But Stock Drops
Forex NewsAugust 26, 2026USD/JPY Price Forecast: 160.00 caps bulls as intervention risk lingers
