The Prospector News

David Morgan – “Silver Broke $30… Where Do We Go From Here?” ((Video)

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

David Morgan – “Silver Broke $30… Where Do We Go From Here?” ((Video)

 

 

 

 

Silver’s price have taken the spotlight today, with the metal hitting over $31 per ounce, marking its highest closing price in over a decade. Silver futures have surged more than 6%, driving the price to around $31 an ounce.

 

 

Silver has had a strong year so far, with the metal up 30% year-to-date (YTD). However, it remains historically inexpensive compared to gold. According to Seeking Alpha, it currently takes about 80 ounces of silver to buy one ounce of gold, significantly higher than the 20-year average ratio of 68:1.

 

 

Courtesy of the Morgan Report

Posted May 19, 2024

Share this news article

MORE or "UNCATEGORIZED"


Santacruz Reports Q1 2026 Production of 1,341,499 Ounces of Silver and 21,640 Tonnes of Zinc, with Continued Recovery of Production at Bolivar Mine

Santacruz Silver Mining Ltd. (NASDAQ:SCZM) (TSX-V:SCZ) announces that total production in the first ... READ MORE

April 17, 2026

Greenland Government Approves Transfer of Final 50.5% of Tanbreez, Taking Critical Metals Corp. to 92.5% Ownership

Critical Metals Corp. (Nasdaq: CRML), a leading critical mineral mining company, today announced tha... READ MORE

April 17, 2026

NMG Announces Closing of US$96.5 Million Equity Public Offering

As part of the financing package for the phased development of the commercial operations of its Mata... READ MORE

April 16, 2026

Group Eleven Drills 23.5m of 12.3% Zn+Pb and 46 g/t Ag, Further Confirms Deeper Cu-Ag Mineralization and Extends Mineralized Strike by 600m to 3.2km

Group Eleven Resources Corp. (TSX-V: ZNG) (OTCQB: GRLVF) (FSE: 3GE) is pleased to announce new assay... READ MORE

April 16, 2026

Argenta Silver Step-Out Drilling Intersects 679 g/t Ag over 13.5m, including 1,163 g/t Ag over 4.0m, Resource Continuity and Expansion Continues

Argenta Silver Corp. (TSX-V: AGAG) (OTCQX: AGAGF) (FSE: T1K) is pleased to report the third set of ... READ MORE

April 16, 2026

Copyright 2026 The Prospector News