Silver and Gold: More Than Just A Christmas Carol
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Any investor would be hard pressed to find a trading vehicle that's held up better than Gold in the past year. My expectation is that the support levels are going to shortly find a lot of air between themselves and spot.. What we are seeing..and it will prove in hindsight a critical inflection point in how MONEY is viewed..is the new ascendancy of silver and gold. I'm NOT a fiat money hater. The U$ regime provided tremendous stability and flexibility at its zenith and lasted for half a century.That's all past....there isn't ANY currency that can be used with confidence as an exchange base..and my belief is the people who get lots of US$ in the near future are going to start seriously ACTING upon the notion that they are holding a hot potatoe. Being in the boat with the fewest holes is stretching optimism to its limits.
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Any investor would be hard pressed to find a trading vehicle that's held up better than Gold in the past year. My expectation is that the support levels are going to shortly find a lot of air between themselves and spot..
Dec 25 11:04 am
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All Comments by Greg Pinelli »Silver and Gold: More Than Just A Christmas Carol [View article]
What we are seeing..and it will prove in hindsight a critical inflection point in how MONEY is viewed..is the new ascendancy of silver and gold. I'm NOT a fiat money hater. The U$ regime provided tremendous stability and flexibility at its zenith and lasted for half a century.That's all past....there isn't ANY currency that can be used with confidence as an exchange base..and my belief is the people who get lots of US$ in the near future are going to start seriously ACTING upon the notion that they are holding a hot potatoe. Being in the boat with the fewest holes is stretching optimism to its limits.