Kitco News, Released on 7/1/21

0:00 – $150 silver, $3,000 gold
2:30 – Bull cycle length
5:50 – Sentiment on gold, silver
8:50 – Inflation and metals
9:38 – Fair value for gold?
14:37 – Gold miners
18:25 – Basel III
20:31 – “Summer fireworks”

Sentiment for gold and silver are weak, right now, said Lobo Tiggre of the Independent Speculator. Tiggre told David Lin, anchor for Kitco News, that he never wants to be a “mindless cheerleader” in the precious metals space, but with that said, fundamentals are in place to push gold to $3,000 and silver to $150 an ounce in the future, although this climb won’t happen overnight. “This negative sentiment, this bearishness that’ pervaded our space, is a fantastic opportunity and I’ve been putting my money in that now,” he said.

Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey’s protégé at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey’s flagship newsletter, the International Speculator. Now he brings his experience, his connections and his deal flow directly to you, without the barrage of marketing hype used by larger publishers. He is now the editor of IndependentSpeculator.com.

  gold, Lobo Tiggre, precious metals, silver