Silver Breakout Has Arrived, Here's What's Next in 2024

Published: Tue, 06/04/24

Updated: Sun, 06/09/24

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Silver Breakout Has Arrived, Here's What's Next in 2024

David Morgan of the Morgan Report (@silverguru) shares his latest thoughts on silver and gold, outlining the main factors he sees driving these metals at the moment and what their price potential looks like moving forward in 2024.

"What do I expect for the rest of 2024? I'm going to be conservative ... I'm going to say I think we'll still be in the US$30s — probably in the mid-US$30s," he said about silver. "I don't really think silver is going to be in the US$40s by the end of the year. People make arguments that it'll be US$50, and it could be. But i'm going to remain conservative."


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Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein.

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