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Gold's Coming Rise

- Darryl Robert Schoon - Survive the Crisis

Definitely no predictions from me with regard to the price of gold and silver, but I will say that I have been watching for some 12 months now the Friday close of the spot and futures markets.
Backwardation is occurring more often, and especially in the last 3 months.
This fits very well with reported tightness of supply with both PMs.

Who knows? Permanent backwardation may just occur, and at any time.

If that happens people will not be able to get PMs at any price because it simply will not be for sale.

Do what Andy says...Protect yourself and do it now.
( I bought 25% more insurance today)

Commented 4244 days ago

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Beginning of the headline : Never make predictions, especially about the future. Casey Stengel Last year on September 6, 2011, gold reached a high of $1920; but when bullion banks intervened by pushing gold lease rates deep into negative territory in early September, they made sure enough leased gold would reach the markets to drive the price of gold lower... Read More

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