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View for silver and gold are weak, today, stated Lobo Tiggre of the Independent Speculator.
Tiggre informed David Lin, anchor for Kitco News, that he never ever intends to be a "meaningless cheerleader" in the precious metals room, yet with that said said, principles remain in area to push gold to $3,000 and silver to $150 an ounce in the future, although this climb won't take place over night.
" This unfavorable view, this bearishness that' suffused our area, is a great chance and also I've been putting my money because now," he stated.
Follow David Lin on Twitter: @davidlin_TV ()
Adhere To Lobo Tiggre on Twitter: @duediligenceguy ()
0:00 – $150 silver, $3,000 gold
2:30 – Bull cycle size
5:50 – Belief on gold, silver
8:50 – Inflation as well as metals
9:38 – Fair value for gold?
14:37 – Gold miners
18:25 – Basel III
20:31 – "Summertime fireworks"
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Should silver really be $150 and gold $3k? Are current prices an 'insult'? Lobo Tiggre gets real
Sentiment for gold and silver are weak, right now, said Lobo Tiggre of the Independent Speculator.
Tiggre told David Lin, anchor for Kitco News, that he never wants to be a “mindless cheerleader” in the precious metals space, but with that said, fundamentals are in place to push gold to $3,000 and silver to $150 an ounce in the future, although this climb won’t happen overnight.
“This negative sentiment, this bearishness that’ pervaded our space, is a fantastic opportunity and I’ve been putting my money in that now,” he said.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Lobo Tiggre on Twitter: @duediligenceguy (https://twitter.com/duediligenceguy)
0:00 - $150 silver, $3,000 gold
2:30 - Bull cycle length
5:50 - Sentiment on gold, silver
8:50 - Inflation and metals
9:38 - Fair value for gold?
14:37 - Gold miners
18:25 - Basel III
20:31 - "Summer fireworks"
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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