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Thursday, June 27, 2013

Gold and Silver might be at their low before the storm

The following article says we are at or near the low for this cycle in gold and silver.
I have been saying for a couple of weeks now that this is probably the best and maybe the last buying opportunity we are going to get before the collapse of the paper fiat currencies around the world and a global reset in currency values in which the USD Federal Reserve Note will be the big loser, and maybe go out entirely to be replaced with some kind of asset backed currency.
Read the article and see if you agree, then do something about it very soon. We have been getting lots of orders for silver lately. The demand is amazing.  Watch the prices very closely now.
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 Fitzpatrick:  Gold and Silver targets hit


  • Wed, 26 Jun 2013 12:54:59 GMT
    ``... it looks as though this correction may be nearing the end now that the objective we had been targeting has essentially been satisfied.  It's possible that gold may trade a bit lower because of momentum, but certainly we have now achieved the target I gave to you when we broke the double-top on gold... We found this interesting because it was virtually identical to the high-to-low down-move that we saw in gold in 2008 (also 34%). While we certainly haven't seen anything yet to say we are about to head up dramatically, we believe that we may be bottoming here in gold. We've also had a significant move in silver which is virtually identical to what we saw in 2008. The down-move in silver is now at roughly 60%, and, again, that is what the silver market expe rienced during the 2008 meltdown. ;; ... Click here to read more
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