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$40 SILVER THIS YEAR | E.B. Tucker

Miles Franklin, Released on 8/31/20

E. B. Tucker from Metalla Royalty and author of the book “Why Gold, Why Now,” joins Elijah K. Johnson on the Miles Franklin Market Update.
Why gold, why now? Gold is simple, Tucker says. Gold doesn’t depend on any third party for its value.

During the COVID-19 pandemic, the value of the amount of COVID-19 stimulus around the world is about the same as all the gold in the world. “Gold is your safe harbor,” Tucker says, when such distortions happen in the financial world.

To value gold, you have to compare it to other assets. Tucker says gold is cheap, but silver is cheaper. He sees $40 silver possibly this year, and $50 silver possibly next year.

Mr. Tucker writes The Casey Report, a monthly investment advisory founded by legendary resource speculator Doug Casey. Prior to joining Casey, he served as the analyst and lead analyst on Stansberry’s Investment Advisory and The Bill Bonner Letter respectively. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious metal equities. He also co-founded KSIR Capital, a corporate finance advisory firm focused on the precious metals industry. He holds a B.Sc. in Business Administration with a focus in Finance from the College of Charleston in Charleston, South Carolina.

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