Silver’s Breaking Free at $30: GoldSeek Radio Nugget – Bill Murphy

Direct - 2024-05-16T103256.810
  • Silver continues to build a bullish 4-year pattern.
  • But it's got to get through $30, when it does watch out. I mean, there's nothing above that it has been building a space now for four years.

Bill Murphy of Lemetropole Cafe and GATA.org, comments on the nascent PM's bull market, noting: "The best stuff is yet to come..."

- Silver continues to build a bullish 4-year pattern.

Imagine gold is broken out for a while now, it's clearly the leader and silver still shot up, [but he's saying to $30, it was a big one] straight up and has been stopped there for four years and it hadn't gone anywhere and the shares have been in the weeds. So it's still all the good stuff to come and I think it's going to be fantastic as we've seen by gold and for me, I'm prejudiced maybe, but it's only because the gold cartels – I've been calling it for all those 25 years almost – has lost control of the market and the Asians are taking them out and they've got a big problem in the gold arena and they will for silver, too, big time. But it's got to get through $30 when it does watch out. I mean, there's nothing above that it has been building a space now for four years.

- Once silver clears $30, is a 100% advance imminent?

As I said earlier, you know, gold is broken out clearly because of some of the things he's talking about and it's just shot way up and so we're still trying to get through $30 because it would JPMorgan keeps stopping it in my opinion...and when you're right, when that gets $30 gets taken out, watch out, I mean there's no telling what it can do on the upside and it's going to be sensational and so it's a lot of excitement to look forward to.

Story by Chris Waltzek - Redacted bullet points by Jody Davis https://silverseek.com/article/goldseek-radio-nugget-bill-murphy-silvers-breaking-free-30

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