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He is advising that this is worth watching as it will change the outlook for many commodities including gold and silver.
Quote: “The impact of these higher grain prices is going to be with us for quite some time. So you have rising food, rising energy, and now we are seeing a breakdown in the bond market.
Bonds have made a low going all the way back to May. So we are definitely seeing a very important and major shift here…. “
The articles to read are here:
King World News blog
Trader Dan’s blog site – Hui Chart
Trader Dan’s blog site - Silver Sneaking Higher
Gold in New Zealand dollars: $1991.99 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)Silver in New Zealand dollars: $34.69 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
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2012-08-16 21:28:48
Source: http://goldsilver-money.blogspot.com/2012/08/dan-sniffs-inflation-in-wind.html