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SirJames
Member since August, 2011
26 commentaries
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Commented On
Is the Correction Over?
- Jeff Clark -
Casy Research
(9)
Tweet
With the greatest respect, this is not a correction, it is manipulation/management by agents for the Fed to protect the USD as world reserve. If the US is willing to go to war for the same reason and for the petro dollar and oil, no market is left to function normally. The mere notion that pieces of paper can be used to represent tons of non-existent gold and silver is beyond belief.
Commodities, that only last a short time, need to be hedged - even at the risk of adding to the cost of retail commodities, but bullion. It is one of those things that we take for granted, but if challenged to think critically, will reveal itself to be absurd.
Commented
402 days ago
Read the headline :
Given last week's selloff in gold and silver, it's time to refresh our "corrections" chart and put the pullback in perspective. The drop in precious metals hasn't been fun for those who already own all the gold they want, but unless one thinks the bull market is over, it's important to end-game profitability to look at corrections as good buying points...
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