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Gold will hit $2,500 an ounce by year-end, with silver exceeding to get to $40 by year-end, claimed E.B. Tucker, supervisor of Metalla Royalty and writer of "Why Gold? Why Now? The War Versus Your Wide range and also How to Win It."
" Silver's got some reaching do. One of the important things concerning silver that people need to understand is that the supply of silver is not flexible, as well as what that implies is if the price goes greater, the mines can not simply turn it on. Only regarding a quarter of the supply comes from actual straight silver mining, the remainder of it comes from byproducts, and also recycling," Tucker claimed.
0:24– UNITED STATE capitalist system is "broken".
4:44 – $40 silver and also $2,500 gold projection.
6:38– Silver's fundamentals.
9:14– Macroeconomic problems.
12:39– Are we still living in a free market?
15:00– Do we still need a Federal Get?
17:49– Gold confiscation.
19:56– The problem with absolutely no rates of interest.
22:20– The "magic" of royalty business.
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$40 silver price by year-end, E.B. Tucker forecasts
Gold will hit $2,500 an ounce by year-end, with silver outperforming to reach $40 by year-end, said E.B. Tucker, director of Metalla Royalty and author of “Why Gold? Why Now? The War Against Your Wealth and How to Win It.”
“Silver’s got some catching up to do. One of the things about silver that people need to understand is that the supply of silver is not elastic, and what that means is if the price goes higher, the mines can’t just turn it on. Only about a quarter of the supply comes from actual direct silver mining, the rest of it comes from by-products, and recycling,” Tucker said.
0:24 – U.S. capitalist system is “broken”
4:44 - $40 silver and $2,500 gold forecast
6:38 – Silver’s fundamentals
9:14 – Macroeconomic problems
12:39 – Are we still living in a free market?
15:00 – Do we still need a Federal Reserve?
17:49 – Gold confiscation
19:56 – The problem with zero interest rates
22:20 – The “magic” of royalty companies
__________________________________________________________________
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.
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