Bill Murphy ofGATA.orgreturns with GATA.org's latest report on the stunning 3 month PMs rally.
Once silver breaches $21 is breached, the next leg could send silver sky-high.
The cost of living relative to typical domestic income per capita has increased sharply.
This event prods investors to chase increasingly risky-assets while forgetting safety.
Key investing wisdom, "Be far more concerned by the return OF your money than the return ON it."
This oversight presents a remarkable opportunity for sharp investors to accumulate the PMs.
Silver is vastly discounted relative to traditional norms (nearly 90:1 gold-to-silver ratio).
Silver offers the free-lunch of portfolio beta-balancing while garnering the potential for explosive gains.
AG remains the de facto leading industrial PM, eclipsed not even by palladium which trades 100x.
The only comparable metals are copper/iron which are found in great abundance relatively.
The inelastic silver supply and nearly vertical demand curve of silver are the keys to the future price.
Demand for industrial silver remains solid, despite the price.
Manufacturers require small amounts of silver in virtually every electronics device on earth.
Billions of devices such as mobile phones are produced annually including laptops, and phones.
If the price of silver doubles, the large price increase only ads a few pennies to the per item expense.
While gold is approximately 18 times rarer than silver in production, the parts per million is less than gold.
Warren Buffet's purchase of silver in the 1990's arguably sent the market into orbit.
Today there are over 2,000 billionaires worldwide, the short-covering frenzy alone would impress.
Such a 1-2 investment punch cannot be understated, as rarely does the potential for incredible gains come with a built-in safety net of portfolio diversification!
The original trends researcher correctly called the market breakout on June 6th.
His model suggests a retest of the previous all-time record high around $1,900 is likely.
$2,000+ gold is possible due in part to the nascent Great Recession 2.0, circa 2008-2009.
Chris Waltzek notes the new Fed rate-cut cycle bodes poorly for the reserve currency.
Lower rates increases the appeal of the Euro and related basket of 6 key currencies.
The Levy/Bard Institute reported $29 trillion was required to revive the economy since 2008.
Not only an epic global economic disturbance could erupt but a serious worldwide conflict.
The duo outline their thoughts on the need for nutritionally dense, raw and whole foods.
Raw food nourishes the body/mind intensely, at least 51-66% of each meal ideally should include raw food.
Cooked food can be perceived by the body as an invasive force, such as a parasite or a toxin, according to leading nutrition experts, including Dr. Max Gerson of The Gerson Institute, Dr. Lorraine Day, and Dr. Linus Pauling.
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Guest Bios
Bill Murphy
GATA.org
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.
The Martial Artist of Trend Forecasting —The purpose of trend forecasting is to provide insights and directions in anticipation of what the future may bring – and to be prepared for the unexpected.
Gerald Celente, a Close Combat practitioner and black belt trainer, well understands the importance of proacting rather than reacting: "The first rule of Close Combat is to attack the attacker. Action is faster than reaction. The same holds true for the future. You know the future is coming … attack it before it attacks you."
Founder of The Trends Research Institute in 1980, Gerald Celente is a pioneer trend strategist. He is author of the national bestseller Trends 2000 and Trend Tracking (Warner Books) – "Far better than Megatrends," and publisher of the internationally circulated Trends Journal newsletter.
Political Atheist — Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is "think for yourself," observes and analyzes the current events forming future trends for what they are – not for the way he wants them to be.
Like a doctor giving a diagnosis after gathering the facts, whether or not you like the prognosis doesn’t alter the outcome, make him an optimist or pessimist – it’s simply what is. And while Celente holds a US passport, he considers himself a citizen of the world.
Globalnomic® Trend Forecaster — Using his unique perspectives on current events forming future trends, Gerald Celente developed the Globalnomic® methodology which is used to identify, track, forecast and manage trends.
The world's only trends analyst covering 300 diversified trends fields, Gerald Celente and the Trends Research Institute provide trend research studies and consulting services to businesses and governments worldwide. Celente also designed the nation’s first professional course in trend forecasting.
The proof is in his past — Gerald Celente has earned his reputation as "The most trusted name in trends" by accurately forecasting hundreds of social, business, consumer, environmental, economic, political, entertainment, and technology trends. Among them: Celente coined the term "clean foods" in 1993 and predicted sustained growth in organic products in 1988.
When gold was at $275 per ounce in 2002, Celente said the price had bottomed and in 2004 forecast the beginning of the "Gold Bull Run." Since that time, with pinpoint accuracy, he said when, why - and how high - gold would go. *youtube.com recording.
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The Martial Artist of Trend Forecasting —The purpose of trend forecasting is to provide insights and directions in anticipation of what the future may bring – and to be prepared for the unexpected.
