- Source, Investor Intel:
TRACKING THE SILVER INVESTMENT GURU, DAVID MORGAN - AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Monday, January 20, 2014
2014 Will Be a Good Year, But Not a Great Year
"I am anticipating a good year (2014), but not a great year. I think we have seen the bottom — probably bottoming as we are doing this interview in December. I actually think that the bottom was hit in silver at the end of June 2013, perhaps gold at the $1179 mark. But as far as I am concerned done with that but it's not going to just rock it up in 2014 in my studied opinion, but we will see the base built and start moving up. Barring a black swan event, which I am certainly not ruling out — I am looking for gold in the $1700 range, maybe that high and silver in the $30 range or maybe be a bit higher sometime during the year..."