Recent comments from the CPM Group corroborate the notion; silver could soar to nearly $40 in 2018 on "... tight supply/demand conditions."
The net impact of the aforementioned topics is leading to an imminent upward price-explosion of unprecedented scale, perhaps similar to the ascent of Bitcoin.
Bill Murphy, GATA Chairman Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.
Product specialist for mutual funds. Business consultant with trading, banking risk and tech experience.Investment analyst with an international experience in the insurance industry. Hedge Project is represented by strongly motivated team members with experience from Deloitte, Deutsche Bank, Zurich Insurance Group and Numerica Partners. We aim to introduce methods, strategies and concepts that have been used in the traditional financial world for many years and represent an overview of real market value and safer trading and investment possibilities.
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