Jim Cook Interviews Ted Butler: The case for a silver price explosion has never been stronger
Theodore Butler
SilverSeek.com
September 11, 2019
Jim Cook, Investment Rarities interviews Ted Butler
Q: For a number of years, you have been insisting that silver would experience dramatic price gains. Any change in your thinking these days?
A: Not only has there been no change in my thinking, the case for a silver price explosion has never been stronger.
Q: In what way?
A: Well for starters, there is now more buying power in the world and less silver than ever. Every asset class has risen to all-time highs, while silver has gotten cheaper. The slightest switch from more expensive assets to dirt cheap silver will light a rocket under the price of silver.
Q: What else?
A: Interest rates. While we’ve yet to see negative interest rates in the U.S., they are a fact of life in Europe. Getting nothing on a deposit should spur people to buy asserts that are cheap and capable of rising in price.
Q: What about the possibility of more quantitative easing?
A: Yes, I think concerns about monetary policies have caused some big investors and institutions to acquire gold or silver lately.
Q: Like a hedge fund?
A: I don’t know who. I call one of them a “whale” because I believe they just bought 100 million ounces of silver.
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