GoldSeek Radio Nugget -- Bill Murphy: Silver Is Close to the Cost of Production
1 year ago
8.77K
Bill Murphy of GATA.org rejoins the show - with inflation on the horizon, Bill expects PMs to outperform paper assets.
1.00 - Market manipulation?
1.25 - When silver catches up with gold, look-out above!
4.20 - Selling gold can be deletarious to your account - via The LTCM fiasco.
7.00 - Silver is close to the cost of production.
7.25 - Risk of runaway prices via inflation.
8.40 - When sellers run out of physical supply, the PMs will soar.
9.20 - Most major pension funds, deep pocketed investors, have less than one half of one percent invested in gold, hinting at monumental demand just ahead!
11.00 - The next market advance could unfold much more quickly than most investors expect.
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