Biggest Silver Squeeze Ever: Is $100 Next Or Collapse? | David Morgan

Watch on YouTube ↗  |  October 24, 2025 at 01:39  |  35:12  |  The David Lin Report
Speakers
David Morgan — Publisher, The Morgan Report
David Lin — Founder & Host, The David Lin Report / ex-Anchor, Kitco News

Summary

David Morgan argues that silver's sharp pullback from above $50 to around $48 is a healthy correction within a strong bull market. He sees an unusually tight physical market driven by simultaneous industrial and investment demand, with trapped shorts and potential catalysts such as India/China demand and a possible U.S. critical-mineral stockpile. The interview also touches on gold positioning, copper and oil as growth indicators, and includes a sponsor segment on Kootenay Silver.

  • Silver hit above $50, then fell to about $48; David Morgan calls the drop a healthy overbought correction.
  • He sees silver's physical market as tight because industrial demand (solar, semiconductors, electronics) and investment demand are rising together.
  • Open interest has not fallen, leaving shorts unable to cover and vulnerable if silver resumes higher.
  • The $50 level is framed as a psychological battle line; sustained trading above it would signal confirmation.
  • Potential catalysts include India/China physical and ETF demand, Saudi SLV purchases, and U.S. critical-mineral stockpiling under Article 232.
  • Gold is discussed as similarly overbought with shorts struggling, while copper and oil are treated as growth indicators.
  • The video includes a sponsor read for Kootenay Silver (KTN), presented as a leveraged Mexican silver project.
Ideas
David Morgan Publisher, The Morgan Report 1:30
Silver bull intact; physical squeeze may continue.
Silver is in a strong bull market and the drop to about $48 is a healthy overbought correction that shakes out weak and leveraged longs. The physical market is increasingly tight because insatiable industrial demand (solar, semiconductors, electronics) is competing with rising investment demand (India, China, ETFs, sovereign wealth funds, and possible U.S. strategic stockpiling under Article 232) for scarce 1,000-oz commercial bars. Open interest has not fallen, so shorts have not covered and may be squeezed if the market resumes higher; sustained trading above $50 would confirm the next leg, and a natural industrial-plus-investment squeeze could eventually drive silver toward $100.
David Morgan Publisher, The Morgan Report 5:42
Gold shorts trapped; correction healthy.
Gold, like silver, was overbought and due for a healthy correction. The speaker also says the short side is having more difficulty moving the market, so if gold prices continue higher, trapped shorts could face further pressure.
David Lin Founder & Host, The David Lin Report / ex-Anchor, Kitco News 8:34
Kootenay offers leveraged Mexican silver growth.
Kootenay Silver is presented as a leveraged silver play with a large junior-owned silver asset base in Mexico. The company has a 50,000m drill program at the high-grade Columba property, a current resource of 54 million ounces at 284 g/t silver, over 200 million ounces measured and indicated plus over 100 million ounces inferred at Promontorio and La Segara, and an experienced management team. The sponsor read says it should leverage potential gains in the silver market, while asking viewers to do due diligence.
Up Next

This The David Lin Report video, published October 24, 2025, features David Morgan, David Lin discussing SILVER, GLD, KTN.DE. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: David Morgan, David Lin  · Tickers: SILVER, GLD, KTN.DE