Huge News! I Just Changed My Entire Predictions For Gold and Silver Prices in Q4 – Lobo Tiggre
Huge News! I Just Changed My Entire Predictions For Gold and Silver Prices in Q4 – Lobo Tiggre
Just two months ago, the precious metals community was growing frustrated with gold after its choppy, lukewarm summer price action. Silver is expected to make new cycle highs and ultimately climb to the technical price target of 40 dollars. Since the September lows, there have been cyclical outperformance in the broader market, as recent strong economic data implies that the recession scare in the summer was short-lived.
Lobo Tiggre, aka Louis James, shares an optimistic view on silver, highlighting its renewed role as a monetary metal closely tracking gold. He clarifies that his “Darth Silver” thesis is not bearish but questions whether silver will return to circulation alongside gold.
According to Lobo, market crashes can present buying opportunities, as gold typically rebounds quickly while silver may struggle. He acknowledges legitimate concerns about silver’s industrial demand but believes there are still chances for astute investors. Compared to gold, silver has more fundamental economic value for its use in many products. In addition to the jewelry market, the green revolution has expanded demand, as silver is a primary component for solar energy applications.
According to The Silver Institute, industrial demand for silver rose 11% to a record high of 654.4 million ounces in 2023, the third straight year in which demand outstripped supply.
Reflecting on a personal experience with silver coins in Mexico, Lobo emphasizes their lasting purchasing power in difficult times. This story illustrates that owning junk silver can offer significant value when needed, reinforcing a belief in the enduring strength of precious metals. The real price of silver, i.e., adjusted for inflation, at least when measured by the CPI, has fluctuated substantially over time. However, real silver prices are slightly higher than 50 years ago, meaning silver has not lost its purchasing power.
Highlighting a key distinction, Lobo Tiggre emphasizes the difference between physical metals and mining stocks, viewing gold as a long-term savings vehicle rather than a speculative asset. He notes that while buying at all-time highs isn’t advisable, selective opportunities still exist in underperforming mining stocks.
The gold miners’ stocks just achieved a rare secular breakout. This huge technical milestone, fueled by record gold levels, reflects sector sentiment growing more bullish. That is pushing gold stocks closer to the crucial psychological tipping point where more mainstream traders increasingly chase their strong gains. Multi-year highs generate broader interest, attracting more capital inflows and accelerating the gold-stock upside.
GDX’s first-mover advantage has grown into an insurmountable lead, commanding net assets of $16.8b midweek. That nearly doubles the combined net assets of the 13 next-largest gold-stock ETFs.
Addressing a viewer’s question about the implications of rising gold prices, Tiggre believes that a target of 3,000 dollars for gold is plausible in the near term, but he views the national debt as a long-term concern rather than an immediate variable affecting investment decisions.
Follow on X: https://twitter.com/MoneySense_Off
“Welcome to our channel dedicated to gold and silver investing! In this video, we provide expert insights and analysis on the latest trends in the gold and silver market. Discover strategies for investing in precious metals, including gold and silver bullion, coins, and jewelry. Stay updated with real-time price updates and market news, and learn how to diversify your portfolio with gold and silver. Whether you’re a beginner or an experienced investor, our channel offers valuable tips and guidance to navigate the world of precious metals.
Subscribe now for in-depth analysis, historical data, market forecasts, and more. Join our community of gold and silver enthusiasts and unlock the potential of these timeless assets. #GoldAndSilverInvesting #PreciousMetalsChannel #InvestingTips”
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
#gold #goldpriceprediction #lobotiggre
6 Comments
That was really fun watching Lobo stuff that nonsense back into his mouth. Unfortunately, He's probably right. Someone with a lot of influence got upset. Now it's time to pick up all the spilled beans…
Lobo is loco
STORE OF VALUE, STORE OF VALUE, STORE OF VALUE, STORE OF VALUE,
STORE OF VALUE, STORE OF VALUE, STORE OF VALUE, STORE OF VALUE,
Agree. Very likely we r headed for a decade long bear market in all western assets. It will be a period of geopolitical n currency changes. Within US this is the chance to do the long-needed economic n social n government reforms. If we succeed, US will be on a long-term sustainable growth path in a decade. But we must take the pain 1st n do the adjustments. From investing pov, sell all US, european equities n bonds. Go long Gold and Crypto. Go long emerging market trade…….. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months… I'm especially grateful to JinnyFranz whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
I’ll be dead before the economy rights itself. The list on this ship says it’s near unrecoverable. 20+ years of misery ahead. Look to Japan. China is in the same boat but worse. Europe is drained.
I'm hoping gold and silver will go down so I can purchase more.😅