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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from TF Metals Report
We must admit that it is looking increasingly likely that a washout is coming. Previously, I had only put this at one chance in four. After these past three days, we must now consider this a 50/50 probability, at a minimum.
Remember, this selloff isn’t totally unexpected. This is from Monday:
“As predicted on Thursday, we are seeing quite a bit of price shenanigans today. Expect this to continue. In fact, even though I just laid out for you the extraordinary case for buying silver, I will not be surprised one bit if price falls toward $27 sometime this week. If silver can be jammed down and closed below the $27.92 low of March 1, more weakness will materialize as a new crop of even greater fools parade into the short side. Given the near certainty of the impending, sharp rally, perhaps we should all be rooting for this to happen. I mean, buying at $27 is even better than buying at $28, right?”
Continue Reading at TFMetalsReport.com…
2013-04-03 12:32:42
Source: http://silveristhenew.com/2013/04/03/the-increasing-likelihood-2/