David Morgan: Tesla Needs Silver, Where Will Elon Musk Get It?

This interview was filmed on April 12, 2021.

Tesla’s Elon Musk has a reputation for innovation, but the company’s plan to accept bitcoin as a form of payment still made headlines when it was announced last month

Could precious metals be next? In an open letter to Musk, David Morgan, publisher of the Morgan Report, suggests Tesla should consider accepting payment in silver and/or gold through the LODE Project, which works to tokenize the metals using blockchain technology. 

Silver guru Morgan also pointed out that Musk may want to secure Tesla’s supply of silver given that the company is a commercial user of the metal.

Morgan’s open letter to Musk:
https://www.themorganreport.com/blog/why-elon-musk-should-consider-precious-metals-backed-currency/

#Investing #Silver #Tesla

0:00 – Intro
0:19 – David’s open letter to Elon Musk
2:47 – Why Tesla needs to think about silver
6:55 – Sourcing silver on the open market
9:21 – Current investor demand for silver
13:12 – Reading the fine print on silver products
18:24 – Silver squeeze status update
21:23 – Price potential for silver in 2021
23:44 – It’s not too late to get into silver
25:13 – Outro

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