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/.)
Please support the show by subscribing to our Substack with Gold Juniors and Bitcoin Investments: https://goldseekradio.substack.com/
-
20:05
GOLDSEEK RADIO https://goldseek.com/
10 days ago $9.22 earnedGoldSeek Radio Nugget - Bob Moriarty: China's Gold Misunderstanding, Market Opportunity
3.88K2 -
LIVE
Redacted News
2 hours agoBREAKING! NATO & Russia are 3 MONTHS away from FULL WAR, Serbia and Hungary warn | Redacted Live
11,946 watching -
LIVE
Tucker Carlson
2 hours agoGlenn Greenwald: Antisemitism, Attacks on Free Speech, and Everything You Need to Know about Brazil
12,063 watching -
LIVE
Battleground with Sean Parnell
3 hours agoExposing J6 w/ Brian Lupo & Alfredo Luna
823 watching -
LIVE
Revenge of the Cis
2 hours agoEpisode 1340: Filler Up
3,198 watching -
1:41:12
Michael Franzese
2 hours agoWhat's in the mind of a MASTER con artist? | Sitdown with Matthew Cox
5.87K39 -
1:17:07
Awaken With JP
6 hours agoBeing a True American: The Dumber the Better - LIES Ep. 45
46.4K55 -
LIVE
LFA TV
10 hours agoTRUMP RALLY LIVE COVERAGE! | RACINE, WI 6.18.24 4pm
1,291 watching -
19:52
Dr David Jockers
1 hour agoThe Surprising Truth About Magnesium Deficiency
5.66K2 -
LIVE
The Michelle Moore Show
17 hours ago(Tues, June 18 @ 3p CDT/4p EDT) ‘Nothing Is More Dangerous Than The Truth’ Guest, Mike Gill: The Michelle Moore Show (June 18, 2024)
2,097 watching