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To: JCBreckenridge

So what’s up with the tanking metals market?
I thought I was getting a bargain a couple of weeks ago with silver at $22.75, but today it’s down to $19.76 spot.

Never expected the crash to go on this long or this deep; what’s up with that?

Is this another bubble that could burst at any moment?
What do you expect to see happening with metals over the summer?

I’m amazed that our dollar hasn’t gone the way of the Weimar Deutchmark long before now.


7 posted on 06/24/2013 12:37:41 PM PDT by George Varnum (Liberty, like our Forefather's Flintlock Musket, must be kept clean, oiled, and READY!)
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To: George Varnum

I believe I called for the dollar quite some time ago.

In 2008, I went 100 percent into the USD after selling the stuff I had invested. I’m actually ahead of the folks who stuck with the market despite the ‘rally’.

It’s simply that the dollar was underpriced relative to the other assets, and that correction is finally happening. Waited 5 years for this. Now I have to wait and see whether to re swap my dollars back.


10 posted on 06/24/2013 2:35:00 PM PDT by JCBreckenridge (Un Pere, Une Mere, C'est elementaire)
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