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NAV Premiums of Certain Precious Metal Trusts and Funds

IMG Auteur
Jesse
Le Cafe Americain
Published : October 15th, 2014
70 words - Reading time : less than a minute
( 3 votes, 5/5 )
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Category : GoldWire

Flight to safety.

The prices have not yet begun to reflect the supply situation which is being extended and papered over by leverage.

When that leverage starts unwinding, the prices may go higher with somewhat impressive velocity.

It would be better for the price managers to allow the precious metals markets to go higher now, with a more controllable slope. But their fears and hubris may betray their wiser counsels.



 
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