“If I had to name the number one driver, I’d say it’s the bond market finally reflecting reality,” says David Morgan, publisher of The Morgan Report. He tells Daniela Cambone that even though the silver price has reached a high, the Morgan Rule—a methodology he created to indicate breakouts—requires the price to stay above the breakout point for three consecutive days on above-average volumes to confirm a real breakout. “Since today is day one, I’m staying calm and waiting two more days.”

Silver surged past $36 on June 6, 2025, driven by declining supply and rising industrial demand. The gold-silver ratio suggests silver is undervalued, with potential to climb higher. US debt, nearing $37 trillion, outpaces GDP growth, raising concerns. Central banks are buying record gold, and pension control measures signal fiscal strain.

Record revenues, improving margins, and strong silver prices, Guanajuato Silver (TSXV:GSVR) just posted a new topline high in Q1 2024, with production steady and cash costs dropping. Despite a net loss from non-cash gold loan accounting, management says ramping up output is the focus for 2025 to boost project economics and tackle negative working capital.

In today’s video, I discuss the current upswing in silver price. I also discussed the gold to silver ratio and the historical significance of today’s current silver price.

Endeavour Silver announced strong Q1-2025 results with steady production of 1.9 million ounces of silver equivalent and revenue of $63.5 million. They are investing in the Terronera project, expecting full production by mid-2025. An acquisition of Minera Kolpa was completed, aiming for a 150% production increase by 2026. The share price is considered undervalued, with price targets set at CAD 9 and CAD 16.50 by 2027. Analyst Heiko Ihle has a price target of 7.25 USD.

Silver prices dipped 0.56% to $34.65 but outperformed gold, which fell 0.84%. Despite a correction after a 5% surge, silver's resilience amid US-China trade tensions and a strong US jobs report signals strength. The speaker celebrates silver holding above $34, sees buying opportunities, and shares excitement about a Britannia coin purchase.

The "Avino Silver & Gold Mines: Investor Update" interview features CEO David Wolfin and CFO Nathan Harte discussing the company's strong Q1 2025 performance, with a 5x share price increase, record $9.8M EBITDA, and 680,000 oz silver equivalent production. They highlight the upcoming La Preciosa mine development, cost management, and a 5-year plan to triple output, emphasizing Avino’s large silver resources and operational experience.

Major gold and silver discoveries keep coming at the Santa Elena mine, as First Majestic (TSX:AG | NYSE:AG) reveals the high-grade Santo Nino vein and a bigger Navidad deposit—both delivering standout drill results and expanding the mine’s potential. Learn how these finds could reshape the outlook for Santa Elena and drive future growth.

Recent market developments have intensified concerns about the future of the U.S. dollar, prompting veteran investor Rick Rule to issue a stark warning about the critical role of gold ahead. Despite gold's current price holding just below $3,300 amid softer inflation data, Rule urges investors to look beyond daily fluctuations and focus on the broader, long-term forces at work.

In this video I talk about silver price and how it is poised to go much higher. Many of the experts including Bank of America are calling for $40 silver this year. Will silver price reach $40 in 2025? I also talk about how silver in undervalued compared to gold. I talk about the gold silver ratio and look at some examples of where silver price could go under past gold silver ratios.