This is a 2011 presentation given by David Morgan on silver. He and Ted Butler are probably the two individuals that have focused exclusively on the silver market for the most years. I got to listen to a very similar presentation he gave at the 2011 Silver Summit conference in the fall of 2011. He is the foremost guru focusing on silver supply and demand. Butler focuses on the silver price from the Comex short position.

If you are looking at investing in silver, this video (even though a year and a half old) is worth watching. He does not address trading in this video (although he does do trading on a portion of his allocation - notice he called for a correction in 2011) but looking at the long term supply and demand situation. He goes through the numbers focusing even on a worst case scenario of deflation effects on the demand side of industrial use.

Silver: What is the real value.

John