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has posted a comment on the article :
Five Years That Changed Silver Forever
- Theodore Butler -
Butler Research
I will assume that TB's analysis is correct.
But what does it mean? He is claiming that this is very bullish for silver prices.
In fact prices may rise for any number of reasons,however I am sure that i have mentioned before that I am not seeing that yet and therefore i caution people to wait till at least a weekly close above $16.36 because there have been numerous times in the last several years where weekly price closes have not hit a new high.
There is not going to be a shortage of silver with 777,275 tonnes of silver still in existence (somewhere)!!!
JP Morgan's holding is minuscule by comparison.
My advice...buyers beware.
Commented
2948 days ago
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Beginning of the headline :
Ask any casual observer of the silver market what happened to the metal over the past five years and you’re likely to hear how the price fell from nearly $50 in April 2011 to under $14 at recent lows – a stunning decline of 70%. If you inquire further, you’ll likely hear a number of reasons for the decline, ranging from an oversupply of the metal, a strengthening dollar, falling inflation rates, and the collapse of the commodities markets...
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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