“Gold & Silver are the Cheapest Assets in the World” | Bill Murphy


With Bitcoin soaring above $10,000, the stock market making new highs, and gold and silver crashing, Bill Murphy comes on SD Metals & Markets to discuss this unprecedented week in the markets.

Murphy stresses precious metals have become extremely undervalued. Gold and silver are the cheapest they’ve ever been relative to other assets, he says.

Today, Bitcoin is $10,000. But tomorrow, that could be gold’s price. SDBullion’s James Anderson say Bitcoin’s spectacular rise makes $10,000 gold more believable.

Murphy discusses Bank for International Settlements data that shows further evidence of gold price rigging.

In the short run, both Murphy and Anderson see the gold market is looking stronger than silver.
View on YouTube


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s