by Mike Gleason
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Mike Gleason: It is my privilege to be joined now by David Smith, senior analyst at The Morgan Report, and regular contributor to MoneyMetals.com. David, it’s always great to have you with us. How are you?
David Smith: Very good, Mike. I enjoy coming back.
Mike Gleason: Well, as we’re talking here on Thursday morning, we’re seeing the metals holding up quite well under the circumstances, and especially given the recent strong advance by the sector. Prices have pulled back some, and maybe we’re seeing a pausing of sorts here after the big run up that we saw immediately following the Brexit decision. But silver is $3 an ounce higher today than it was essentially 3 weeks ago, if you go back to the day before the Brexit vote. Coming into this week, we had 6 straight weekly gains in silver. So the question on nearly everyone’s mind, David, is does this rally still have legs? If you think it does, what makes this one different from rallies we’ve had over the last 5 years that have always seemed to fizzle out rather quickly?