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Jim C.
Membre depuis mai 2012
463 commentaires - suivi par 3 personnes

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A laissé un commentaire sur l'article :

Silver and Gold Continue To Bleed

- Dan Dontrose - The Fundamental View

I agree. Now may not the time to buy, or sell: Ag may drop another $10 or rise suddenly back to $50.

In many areas items we commonly purchase are only 10 to 12x pre 1964 Ag prices -- not everything, but many food items and even automobiles. A new 1964 auto cost on the average $2400 and a can of Campbell's soup 10 cents, and I was buying McDonald's hamburgers for 10 cents back then (a silver mercury dime).

The pressure seems to be building for a major event: either commodities will explode or metals will collapse. In other words I don't see precious metals doing anything significant until commodities adjust dramatically upward.

Disclosure: I have a large Ag coin holding that I will sit on until that event does occur.

Commenté il y a 4081 jours

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Début de l'article :Carnage is the word on the street when it comes to the precious metals and believe me when I feel badly for anyone left holding the back on silver and gold, especially those that bought at the extreme prices in May of 2011 for Silver and October of that year for Gold, I am filled with anger at the charlatans that continued to tell investors to keep buying any dips and called for extreme price movements because of their manipulation claims. The reality is as plain as day in the metals markets... Lire la suite

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