Bill Murphy comments on the epic silver rally over $31 in only a few days and discusses the prospects for record prices, noting the price is "the most bullish I've seen in years..."
- With US equities soaring to new heights, will tech-related silver demand impact price?
- How high could tech company buying send silver?
- Bill says Asian buying is key to the PMs bull market.
- Will the "squeeze" in silver catapult the price to triple digits as the bears liquidate and buy?
- Would Michael Saylor agree that "People will get silver at the price they deserve?"
- Will the bears finally be forced to capitulate at triple-digit silver?
[Silver as a] coiled spring is correct. [It's] been this for years now below $30, JPMorgan's been trying to get it back down below $30, it's not working. At the same time, it's still very choppy. And for me again, $30 is a joke. I mean $40? Yeah. Okay, but $30, after 10 years? No, nothing. The good news is that It's gotten about $30 and JPMorgan keeps trying to bring it back down the past weeks and it hasn't working.
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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.
