Buying Silver Today Is Like Buying Real Estate 30 Years Ago…Only One Way To Go And That’s Up!
Rob Kirby says the prices for both gold & silver are currently unsustainable, and the manipulation can’t much longer. Here’s why…
Rob Kirby interviewed on SBTV
SBTV’s latest guest is Rob Kirby of Kirby Analytics. We discuss the failure of Long-Term Capital Management (LTCM) and how it resulted in the ‘death sentence’ of Bear Stearns years later in the financial crisis of 2008.
Discussed in this interview:
04:42 The missing $21 trillion from DOD and HUD
07:05 Checkered history of the Exchange Stabilization Fund
15:46 2008 financial crisis: Sub-prime debt rated AAA
20:09 Why Bear Stearns was ‘chosen’ as the fall guy in 2008 financial crisis
23:44 The Long-Term Capital Management debacle
25:37 When AAA-rated paper failed for the first time
31:40 Lack of primary silver mines evidence that silver is mis-priced
39:03 Why the silver price remains at $15?