Should silver really be $150 and gold $3k? Are current prices an 'insult'? Lobo Tiggre gets real

Sentiment for gold and silver are weak, right now, said Lobo Tiggre of the Independent Speculator.

Tiggre told David Lin, anchor for Kitco News, that he never wants to be a “mindless cheerleader” in the precious metals space, but with that said, fundamentals are in place to push gold to $3,000 and silver to $150 an ounce in the future, although this climb won’t happen overnight.

“This negative sentiment, this bearishness that’ pervaded our space, is a fantastic opportunity and I’ve been putting my money in that now,” he said.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Lobo Tiggre on Twitter: @duediligenceguy (https://twitter.com/duediligenceguy)

0:00 - $150 silver, $3,000 gold
2:30 - Bull cycle length
5:50 - Sentiment on gold, silver
8:50 - Inflation and metals
9:38 - Fair value for gold?
14:37 - Gold miners
18:25 - Basel III
20:31 - "Summer fireworks"
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