GoldSeek Radio Nugget - Bill Murphy

9 months ago
2.26K

Bill Murphy of Lemetropole Cafe and GATA.org, comments on the explosive move higher in silver of the past month: "... The monthly silver chart is the most bullish he's seen in his life..."

- Is silver building up steam for an explosive vertical move?
- Bill notes $26 & $30 are the last two hurdles left to eclipse, by the silver bulls.
- Once those resistance points are cleared, little technical resistance remains.
- A monthly close above $30 could soon be followed by a retest of $50.
- Above $50, there is little technical resistance below $100.
- If history follows the pattern set during the last PMs bull market, silver could leave the launch pad as gold approaches $2,500.
- Since impressive silver advances are known to lag new highs in the gold market by several months, theta related, time-decay investments may be less suitable for this opportunity.
- Once the nascent bull market is recognized by the mainline media, silver show should commence!
- Mega-star podcaster, The Health Ranger, is now calling for triple digit silver, in the long-term.

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

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Bill Murphy of Lemetropole Cafe and GATA.org, comments on the explosive move higher in silver of the past month: "... The monthly silver chart is the most bullish he's seen in his life..."

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