by Chris Waltzek
GoldSeek Radio
Bill Murphy of GATA.org rejoins the show while attending the 2016 new Orleans Investment Conference, which includes Peter Schiff, Doug Casey and Dennis Gartman. Our guest reviews the 2016 PMs rally, one of the most explosive in history, ahead of the contentious Nov. 8th election, noting that once the event passes, the PMs equities will blast higher amid a new golden era. The FOMC rate hike cycle will end in Dec. 2016, perhaps even reversing course in 2017-2018 to stave off the threat of another credit crisis circa 2008. Following the last rate hike of 2016, the PMs sector advanced sharply. Our guest underscores the importance for every investor to prepare for Talebian, “Black Swan” events, similar to the Brexit, that caught so many financial institutions unprepared. A similar scenario could open the flood gates into gold and silver investments.
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