An interesting video, and he might be right after all. Having said that, let me say that both Morgan and Ted Butler have been telling us for the past twenty years that the world is running out of silver and that the price will explode. i will always remember reading an article by Morgan from the mid -2000's called Silver to Zero, where he said that the above ground supply was declining and that within a decade or so it would be all gone. I remember an article by Ted Butler in the spring of 2008 where he said that silver was no longer in a supply deficit - and that's after constantly saying for over a decade by then that the market was in deficit and silver would run dangerously low with a price explosion to follow. Bottom line - beware of those such as Morgan and Butler telling us that the supply of silver will run out and that the price would then explode.