Bob Moriarity: The New Bull Market Will Look Like 2009-2011 On Crack

CEO Technician: What do you see over the coming years in the junior resource        space?

Bob Moriarty: I think it will look like the early 2009 to 2011 period on crack, take that 2 year period and amplify it 2 or 3 fold. With the number of black swans floating around I believe that 2015 will be the year that people realize the system is utterly broken.

321gold.com’s Bob Moriarity did an interview with Scott Armstrong of Energy and Gold that is a must-read.  Like Bob, I believe the gold and silver have bottomed and are marking time and building a big base from which to launch to eventual new all time highs:

I would put at least 50% into physical precious metals. I see things on a daily basis that absolutely shock me; the change in the US dollar today for example, the change in the Swiss franc a few weeks ago, the instability of the Middle East and the banking system. I think it was Richard Russell who came out and said there is $199 trillion in debt worldwide. Much of that is not going to be paid back. We have $700 trillion of derivatives which is all leveraged bets, there are a lot of terrible things happening that are invisible to most people…

You can read the rest of it here:  Gold Bottom Is In…

As Bob states, a lot of people are oblivious to what’s really going on behind the fairytale news thrown at us daily by the mainstream media.   What IS becoming more obvious is the extreme manipulation by the Fed/big banks in the precious metals market.  This is why silver eagle sales set a new record in sales in 2014 and have started off 2015 at a higher pace than 2014 started off.

 

4 thoughts on “Bob Moriarity: The New Bull Market Will Look Like 2009-2011 On Crack

  1. Gold is a currency. Historically, it did not have good liquidity and was hoarded because the trade value was pegged too low by the power-of-the-day. This goes right up until 1971 when bullion was finally set free by what we can now look at as the real-time weight measuring tool of the USD/oz floating price of bullion.

    Because of the above development , bullion can now be monetized, by its weight, where weight is the unit of account, while not having to suffer the poor liquidity of FIXED systems of the past.

    The table is set.

  2. Sadly, the only way this manipulation will truly end is when the supply of mined gold and silver is exhausted or if China buys all of the gold and silver mines and takes physical possession of the mined ore and ships it to China. No physical available, no more manipulation games.

    As to how much gold or silver there is in the mines is anybody’s guess. A few have said that we will experience peak silver in 2020, a few have said it will occur between 2025-2030, and some arguing not for a century or more. We shall see what we shall see, but like all estimates of peak anything, the exact tipping point is still a great unknown and incalculable variable. The only thing I am sure of is that gold and silver are both the anti-dollar, and those who push paper will move heaven and earth to make paper look good while making metals look bad.

    1. All true.
      How about if the following is considered ;
      there is 20 % less above ground physical silver then there is physical gold present day.
      Physical silver has to be mined by way of other elements such as zinc, copper , lead and then separated.
      Many of the “easy to get to” physical silver has been gotten and much more expense goes into ferreting out the harder to get P.S = more $$$$$’s to do so.
      The central bankSTERS have got the miners locked into a formulated procedure to take huge losses in profits as a trade for advanced financed practices in ways of future loans and guarantees.
      Yeah ~ I would tend to agree with you if this were a perfect world , but we both know that this is not a perfect world…

      1. …and , physical silver is used throughout industry and technology like no other ingredient if ever there was ! Without physical silver there would be no future advancement for mankind . I am just the messenger … Be clear on this !
        Physical silver is so undersold by the powers that rule because they know that it is their death knell if the truth gets out !

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