1.5 billion ounces of silver demand is projected through 2030 in the green energy industry. David Morgan says this is an overestimate. Talk about green energy is largely "hype," he says. However, he believes monetary demand will increase.
Currently, Morgan notes investment demand for physical silver has plummeted. This is at the same time when there is the most ever fiat currency in the world. "We are in uncharted waters - probably the best fundamental time to be in the metals, and no one cares."
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.