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To: ckilmer

There is no such thing as a balanced portfolio anymore. There are only assets that will rise with inflation or get crushed by it. The silver market is heading for a major meltdown that may see the price of the poor mans gold bit triple digits. There is no central bank hoarde of silver to tap
when all the traders short the dolla and go long silver and then exercise their contracts to take delivery. Where is JP of HSBC going to get 28 million ounces on such short notice. They’ll try to settle for a
cash premium but the long won’t bite for less than 50 per ounce when it happens

Then the panic will spread to the gold pits a d it halleluah time. This will result in a global reset where all paper fiat currencies bite the dust and only gold and silver are left standing. The question is will people se the handwriting on the wall before it’s too late or just be led to financial slaghter? Time is exceedingly short. Maybe just months or even weeks.


65 posted on 04/11/2010 10:59:49 AM PDT by appeal2 (Don't steal, the government hates competition.)
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To: appeal2

I hope you make money on your investment in gold and silver.


69 posted on 04/11/2010 11:18:54 AM PDT by ckilmer (Phi)
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