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Phil A
Member since May 2012
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>It Might Be Time To Acknowledge That The Gold Bull Market Has Ended  - Dan Dontrose - The fundamental View
You were claiming Explor were going a lot higher than 1.60 and on their way to greatness but you forgot one thing about mining shares in general, TPTB dont like them and will do anything and everything to kill all interest in them! Just look at Explor now down at 31cents and yet 2 years down the line on a meritorious project! My point is you conveniently fail to take into account the massive manipulation going on in the PMs and mining shares right now and especially on a Sunday evening back in May in the silver market!
Fundamentals are only a partial guide in the current enviroment. Gold and silver are down partly due to a temporary deflationary outlook and given a helping big push by the unseen hand of the gold cartel. I suggest you read the latest comments by Bill Rickards with a view to currency impacts on the gold price and how monetization from both the Fed and ECB will shortly be introduced to reverse the current deflationary outlook because any other option isnt acceptable. Your comments are just so much scaremongering and in my opinion are one dimensional.


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