GoldSeek Radio Nugget - Bill Murphy: Gold Resilience, Silver Struggles

Bill Murphy of Lemetropole Cafe and GATA.org, comments on gold, still holding over $2,000 for two months and the amazing prospects for silver. The former NFL player trains with an owner of the KS Chiefs, squaring off in this years Superbowl!

- Increasing uncertainty in the financial arena.
- Gold and related investments remain the de facto safe-haven asset to ameliorate portfolio volatility.
- The general consensus of many senior members of the gold crowd members suggests a buying opportunity may be unfolding in the PMs shares on a valuation basis.
- Technical outlook for silver is stunning - once $30 is cleared, $50-$75 become logical and pragmatic targets.
- The weekly chart of silver shares striking parallels with the chart of 2010, just before the price tripled!
- Such a move would launch silver over $70 if it were to happen today.
- The US strategic stockpile of 3 billion silver ounces is gone - what would happen to the price, if even one company like Tesla or small nation, decided to build a similar stockpile, not to mention, BRICS, the US or NATO. Hint, triple digits.
- Is the astounding financial panic of 1970's, leading to the gold/silver bonanza a lesson lost to history, for most investors.
- Higher rates, lower rates, either way, gold and silver could benefit in this atypical economic environment.
- Are investors building financial portfolios without a PMs backup parachute?
- Might the next stage of the gold bull market surprise even the bulls with upward momentum?

Bill Murphy's site: https://www.lemetropolecafe.com/.)

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