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End of April, Start of Corrections

Apr. 23, 2011 3:11 AM ETSLV, GOLD
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Seeking Alpha Analyst Since 2011

Jeff Life Jeff Life graduated in 1990 with a B.A. in Political Science from Florida Atlantic University in Boca Raton, Florida.  While working in the International Business Center at the University of Miami as a research assistant for Dr. Robert Gross, Jeff  performed research on many projects in Business and Economics and helped to edit various books that were published by the Center. Also, he managed to organize many seminars for foreign and domestic leaders of multinational corporations. Jeff became an expert in compiling, formulating and applying data in various economic models to come up with proven and developed theories in business practices and Economics.  Jeff served as consultant for a project joint venture between USAID and Price Waterhouse in privatization of small-scale businesses in the newly developing market economies in Russia and the Newly Independent States of the former Soviet Union, and graduated with a 3.875 grade point average earning him a Master’s Degree from University of Miami in International Studies with concentration in International Business & Economics. With his keen eye for business, Jeff provided his services as a consultant in debt resolution management for various corporations such as, IBM, Colgate Palmolive and Levi Strauss, among others.  His knowledge and experience afforded him a position of finance management working as a Finance Director for various auto franchises, negotiating loan terms with financial institutions and along the way accumulating 15 years of experience of working with lending companies and the banking industry. Jeff became a fully licensed mortgage broker in the state of Florida in 2006, and worked with a branch of the Bank of Commerce as Director of Mortgage Operations, and later as Director of Loss Mitigation for a federal housing assistance program. He has been doing loan modifications since 2008. In January of 2009 he founded Federal Home Mortgage Assistance in order to help the South Florida community deal with the financial and economic difficulties that have been brought on by the global financial crisis, bringing resolution and relief hundreds of families.

This past month has witnessed a rally in metals and oil, spurred by a chain of worldwide events that have led to an economic quagmire in world financial markets. The European debt crisis, Japan's catastrophic events, political unrest in North Africa and the possibility of its' spread throughout other Middle Eastern countries that could have potential major impact on world markets.

Well, things are finally calming down. Look for a set of major corrections in Gold, Silver, Oil. These recent spikes have been way overplayed. The effect on oil-sensitive stocks has been devastating to say the least. Look for these stocks to make a huge comeback with the pull back in oil prices.

Also, the dollar's comeback will send Gold and Silver plummeting over the next month.  The drop in Silver will be three-fold the drop in Gold proportionately speaking.

Take advantage of the values and the opportunity to capitalize on a crazy buying frenzy's end. This week will mark a 5%-10% correction in metals and oil.

Great trading to all,

Jeff the Genius

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