David Morgan Weighs in on Silver’s Dip to 2.5-year Low
While silver prices gained slightly on Wednesday (September 12), they fell below US$14 per ounce to a two-and-a-half-year low in the previous session. According to David Morgan of the Morgan Report, the reasons behind Tuesday's (September 11) decline are not completely cut and dry. However, in his opinion, the “why” is “very basic” and has to do with more selling pressure than buying pressure. “There's been a lot of people that have given up on the silver market, and that is verified by the amount of retail sales in silver,” Morgan told the Investing News Network (INN). Will Silver Go Up [...]