$40 silver price by year-end, E.B. Tucker forecasts (Video)
$40 silver price by year-end, E.B. Tucker forecasts Video from KitCo News
TDC Note – Is that a chart at the COMEX labeled “silver” or is that real, physical silver? If he’s talking about real physical silver that will be be easily breached by years end. I no longer care what a chart labeled “silver” is reporting. # END
Gold will hit $2,500 an ounce by year-end, with silver outperforming to reach $40 by year-end, said E.B. Tucker, director of Metalla Royalty and author of “Why Gold? Why Now? The War Against Your Wealth and How to Win It.”
“Silver’s got some catching up to do. One of the things about silver that people need to understand is that the supply of silver is not elastic, and what that means is if the price goes higher, the mines can’t just turn it on. Only about a quarter of the supply comes from actual direct silver mining, the rest of it comes from by-products, and recycling,” Tucker said.
0:24 – U.S. capitalist system is “broken”
4:44 – $40 silver and $2,500 gold forecast
6:38 – Silver’s fundamentals
9:14 – Macroeconomic problems
12:39 – Are we still living in a free market?
15:00 – Do we still need a Federal Reserve?
17:49 – Gold confiscation
19:56 – The problem with zero interest rates
22:20 – The “magic” of royalty companies