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In his whole career, former commodities trader Bill Murphy has never seen any market trade like silver is trading right now.
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https://sdbullion.com
http://ift.tt/1QpG3zA
In his whole career, former commodities trader Bill Murphy has never seen any market trade like silver is trading right now.
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Greg Hunter of USAWatchdog.com gives his take on the top stories of the past week in the Weekly News Wrap-Up.
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“It would be easy to picture silver going up by huge jumps – $10 in a day – for five or six straight days….That’s completely feasible,” says John Rubino of Dollar Collapse.
After hitting the key resistance level of $1360, gold became overbought, and corrected back down, Rubino says.
A currency reset is the only way out of our financial problems, Rubino says. The fundamentals of gold and silver are “outrageously bullish.” Plus, China, Russia, and India are buying massive amounts of gold.
Rubino sees if interest rates continue to rise, a bond market collapse could result. “A bond market crisis could set off a huge bull run for precious metals.” Since silver is such a small market, “It would be easy to picture silver going up by huge jumps – $10 in a day – for five or six straight days….That’s completely feasible.”
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DISCLAIMER: The financial and political opinions expressed in this video are not necessarily of “Finance and Liberty” or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.
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