In this March 24th, audio nugget, Steve Rocco, of the Rocco Report, returns with extraordinarily bullish comments on the PMs sector.
1.30 - The derivatives fiasco is unstable...
3.00 - 4 largest domestic banks have $170 TRILLION in derivatives exposure, according to one online source.
4.20 - How safe are bank accounts?
9.00 - PMs miners and exploration shares.
10.00 - Silver is selling near the cost of production.
12.10 - Gold mining shares forecasts.
18.16 - Energy Crisis 2.0 in 2023-2025?
23.50 - "People must be in physical precious metals."
26.00 - Unrest in Europe could spread to the US, making safe havens essential.
29.00 - The supply of investment grade gold and silver is insufficient to satiate potential global demand.
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at GoldSeek.com Radio.
He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
