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FSN: Gold Daily and Silver Weekly Charts – Another Turn in the Downward Spiral
Friday, September 7, 2012 23:40
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
Gold and silver have broken out, as the weak employment report and the debacle in Europe have renewed ‘investors’ expectations in additional monetization by the ECB and the Fed. I say ‘investors’ in quotes because there are no investors anymore, only speculators and gamblers.
However, to say that this may end badly is an understatement.
Intraday commentary on the Non-Farm Payrolls report and the state of the economy is available here. It is not particularly upbeat, but it is not downbeat either. Rather, the forecast is for greater uncertainty, and therefore, risk.
Continue Reading at JessesCrossroadsCafe.Blogspot.ca…
2012-09-07 23:39:34
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