Lobo Tiggre: If Gold Goes Bananas, Silver Will Too

Lobo Tiggre, CEO of Louis James LLC, says that market watchers need to keep an eye on silver as the gold price continues to climb. Speaking with the Investing News Network at the Sprott Natural Resource Symposium in Vancouver, Tiggre said he believes the yellow metal has broken out of a rut and is on its way up because it is sustaining its higher value. “I wanted to see US$1,400 (per ounce), and sustained above US$1,400, and that (would) signal a real shift where we’re broken out of the rut, and that is what we’ve seen,” he said. Will silver rebound? ... Gold’s more industrially inclined precious metal comrade, ...