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To: Positive
So if we (or the world) are/is going into recession/depression the "precious" aspect wants to go up but the "industrial" aspect wants to go down.

Any thoughts on which camp you think has greater force on the price direction? Industrial?

17 posted on 08/08/2011 1:55:06 PM PDT by OB1kNOb (Obama will heretofore be known in history as the downgraded President.)
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To: OB1kNOb
Industrial when the economy is strong.

Precious metal when the economy is fearful.

What I currently fear the most in the short term is Bank of America.

In the intermediate to long term it is America.

In the long term it seems to me that silver will be the small denomination of consumer transactions. At the same time its industrial use will be very curtailed.

I pick silver as a good long term buy, ignoring what the Sunday night spot quotes might indicate.

58 posted on 08/08/2011 5:32:14 PM PDT by Positive (Nothing is sadder than to see a beautiful theory murdered by a gang of brutal facts.)
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