Not the End of Gold & Silver Bull Market – David Morgan

By Greg Hunter’s USAWatchdog.com

 In November, economic analyst and financial writer David Morgan predicted a 20% rise for both gold and silver prices in 2026.  Even with the big selloff in both metals, Morgan is still correct, and we are only three months into the new year.  What happened to gold and silver prices falling out of bed in such a short time with a raging war in the Middle East going on?  Morgan explains, “War normally means buy gold.  This time it meant higher oil, higher inflation, the Fed stayed tighter on interest rates.  Yields rose and did not fall, gold fell.  That’s exactly what we just saw.  It was a paper liquidation. . .. You got what I call a ‘waterfall decline.’  Silver went up 140% for the year in 2025, and then in the month of January 2026 it went up 70%.  That is about as parabolic as you can get.  I was warning everybody and put out warnings for my premium members on how to scale out. . .. Some people took my advice and said they were really happy they did.”

So, where are we now.  Is the bull market in gold and silver over?  Morgan says, “This pullback is not about the end of the bull market in gold and silver.  It’s not a failure of the main thesis that the debt bomb is upon us and the debt bomb is going to blow up everything.  The bankers want to remain in control.  So, this is a reset of the positioning, and they have shaken out a lot.  I have said this many times and that is the function of a bull market is to shake off as many people riding that bull as it possibly can.  Believe me, that January repricing shook off a lot of bulls.  Gold had its largest weekly drop since the 1970’s.  That tells you this is structural and not random.  The bigger trend remains unchanged.  Gold is up 75% over the last year, and silver is still up 140%.  Gold going up is based on the sovereign debt situation and the non-trust of the US dollar being weaponized.  There is currency distrust in general and distrust altogether, and war is in there at the top of the list.”

Where does Morgan see gold and silver prices heading in 2026?  Morgan says, “I see gold between $6,000 and $7,000 per ounce . . . Silver will top out at $150 per ounce.”

In closing, Morgan still says all the signs are there that are signaling the end of empire for America.  One very big sign, according to Morgan, is rising debt and currency debasement that causes inflation.  Morgan points out, “Most Americans should get ready to live with a much lower standard of living in the future. . .. It’s not going to be Mad Max or a total dollar collapse; it’s going to be just a much lower standard of living. . .. We are approaching the final collapse phase, but we are not there yet.  We are transitioning.  The US is still dominant, but it is increasingly being questioned.”

You can get more information at Sat123.com, Darkbags.com and Starlink123.com. You can also call 855-980-5830 and talk to a human for information on anything they sell, including Faraday bags and Faraday clothing.

There is much more in the 42-minute interview.

To get a financial consultation with cutting edge analysis and money-making suggestions from David Morgan, click here.

Join Greg Hunter of USAWatchdog as he goes One-on-One with David Morgan, founder of “The Morgan Report,” for 3.24.26.

After the Interview:

To purchase the popular book Silver Manifesto (Digital Only), click here.

For Premium Service and paid reports, click here.

For financial consultations, click here.